How can I maximise my term deposit returns?

Term deposit rates have fallen in recent years as the Reserve Bank has cut the official cash interest rate. However term deposits are still popular with savers and investors who are looking for safe, low risk investments.

The best way to maximise your rate of return from term deposits is to split your money into a number of term deposits, stagger the maturity dates so you can always grab the best rate going at any particular time and don’t let your deposits automatically rollover into lower rate terms.