At-call accounts pay better interest than many term deposits

When it comes to shopping for cash investments, you can expect to earn interest of between five per cent and six per cent, depending on whether you stick your money in an at-call account or lock it away in a term deposit. Online accounts offer rates of between 5.25 per cent and 6 per cent. Term deposit rates may be as low as three per cent. You can earn higher returns with promissory notes and debentures, but these come with higher risk.