More customer-owned banks join the 4% one-year term deposit club

In what used to be one of the most competitive products in the market, Macquarie cut its one-year term deposit rate by 20 basis points to 3.90% p.a.

Bank of Queensland savings account rate new market leader

Bank of Queensland's (BoQ) Future Saver account for 14-35 year olds is now the top account in the market, at a maximum rate of 4.35% p.a. according to Infoch...

Which banks increased term deposit rates this week? 11 Nov

NAB and its subsidiary ubank the first to move rates following RBA decision

Ninety minutes after the RBA increased the cash rate by 25bps to 2.85%, NAB announced it would do the same to its variable home loan rates on 11 November.

RBA goes 25bps in November, bringing cash rate to nine-year high - 2.85%

On Tuesday morning Teachers Mutual Bank increased the rates on its 11-month term deposit to 4.25% p.a.

With inflation at 7.3%, will the RBA stick to a 25bps hike in November?

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Macquarie, AMP and Judo duke it out for term deposit supremacy

Compare one-year term deposit products from Macquarie, AMP and Judo Bank with rates of 4.10% p.a.

Which banks increased term deposit rates this week? 25 Nov

RBA Governor Dr Philip Lowe said a recession was almost a certainty should the central bank continue its monetary policy tightening to curb high inflation.

Which banks increased term deposit rates this week? 21 Oct

Should I go with a term deposit or savings account?

There are now five savings accounts with rates 4.00% p.a. or higher, while there are three one-year term deposit rates starting with a 4.

NAB, QBE to offer mortgage and LMI discounts for green homes

Which banks increased term deposit rates this week? 14 Oct

Rate changes from RBA announcement took effect, with two banks now offering 4.00% p.a. one-year term deposits.

Why Heartland Finance is the winner of InfoChoice's reverse mortgage award

Heartland Finance is now back-to-back winner of InfoChoice's Reverse Mortgage award, winning in 2020 and 2021. Find out more.

What to know about Heartland Finance's personal loan for seniors

What if you could fund whatever you wanted, and didn't need to make regular repayments? The answer lies in your home.

Get paid interest upfront with a BankFirst term deposit

Customer-owned bank BankFirst recently increased rates on its term deposit where customers can get paid their interest upfront.

Banks push more savings accounts and term deposits over 4%

Westpac subsidiaries St George, BankSA, and Bank of Melbourne now have savings account rates starting with a 4.

Which banks increased term deposit rates this week? 7 Oct

Key movers this week include Judo Bank and AMP. Compare the highest term deposit rates.

ING boosting savings rate to 4.05% p.a.

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How does the RBA's latest rate rise affect me?

The first movers include CBA, Westpac, NAB and ANZ, as well as Suncorp, Macquarie and UBank.

RBA increases cash rate by 25bps

As to why the RBA increased by 25 basis points and not 50, RBA Governor Philip Lowe wants to see the effects of the first few months of rate rises.

By how much will the RBA increase the cash rate in October?

Much of the chatter has shifted to a 50 basis point rise after some recent revealing economic figures.

These are the top deposit rates ahead of next week's RBA cash rate decision

Macquarie Bank holds the edge in the one-year term deposit space with a 3.80% p.a. interest rate.

BNPL impact on borrowing power set to hit fledgling sector

As a requirement from 1 September, regulators specifically outlined that buy now pay later (BNPL) debt must be factored into mortgage debt ratios.

Bank of Queensland moves savings account rate to 4% p.a.

Savers must be aged 35 or under; deposit $1,000 per month into the linked everyday account; and make five settled card transactions every month.