How can I maximise my savings interest rate?

People who are saving money want to get the highest rate they can from their savings account or term deposit.

Compare short and long term deposit rates to find the best rate for your savings. Don’t forget to look at fees and charges.

Long term deposits usually provide a higher rate of return but your money is locked away. That can be a very good thing is you might be tempted to use your savings for unnecessary purchases.

Source: Sydney Morning Herald

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