Term deposit rate update November

Term deposit rates are under pressure as official interest rates fall closer to zero in Australia. The highest term deposit rate now on offer from [...]

POSTED ON November 12, 2019
Which bank calculates term deposit daily?

Calculating interest daily unlocks the power of compounding. It’s a big advantage. When you invest your money in a term deposit account you know that [...]

POSTED ON October 11, 2019
Which bank has the best term deposit rates?

If you’re thinking about opening a term deposit account to help you to achieve your savings goals then it’s important that you choose and open [...]

POSTED ON September 30, 2019
What is term deposit ‘rollover risk?’

At first sight, term deposits are pretty much the ideal, low–maintenance savings vehicles; you deposit your money, then sit back and wait for the term [...]

POSTED ON July 4, 2019
How to double your deposit in half the time

The cost of living isn’t getting any cheaper so if you’re saving up for a home deposit you might feel like you’re running an impossible [...]

POSTED ON June 27, 2019
Lock in your term deposit rates NOW

Interest rates are tipped to fall in 2019 and 2020 from the already low rates now being paid to savers. It’s entirely possible that there [...]

POSTED ON May 27, 2019
Term deposits need active management

InfoChoice’s Laura Crowden said savers need to “actively manage” their term deposits and warns people not to “set and forget” their term deposits. “Savers should [...]

POSTED ON June 28, 2016
Good term deposit rates are still available

Some term deposits are now offering rates as low as just one per cent. Financial comparison website InfoChoice reports that average rates on a $10,000 [...]

POSTED ON June 27, 2016
How can I beat the deeming rates?

Pensioners and other Centrelink beneficiaries whose savings and investments are subject to Centrelink’s deeming rates need to shop around and find savings accounts and term [...]

POSTED ON June 15, 2016
How to make term deposits work for you

Term deposits are often used as a set-and-forget investment but smart savers take an active management approach to investing in term deposits. Term deposit interest [...]

POSTED ON June 3, 2016
Term deposit savers need to switch

Term deposit expert John Edginton said term deposit rates are “holding up quite well.” Edginton said there is a difference of about 1 per cent [...]

POSTED ON June 2, 2016
What is the average term deposit rate right now?

Banks and credit unions regularly change their term deposit rates and the Australian Securities and Exchange Commission has warned consumers to be alert to changed [...]

POSTED ON May 26, 2016