Bank deposits are still a great investment

Continuing fall on the ASX and turmoil on global share markets mean savings accounts and term deposits are are great place for investing money.

Falling interest rates have impacted returns but smart savers can still shop around and find good rates.

There are plenty of term deposits and savings accounts still offering rates over three per cent, with the safety of a government guarantee on the principal investment.

Source: bankheadlines.com.au

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