Which bank has the best term deposits?
Term deposits have been a favourite investment product for generations of Australian investors and savers. Almost all banks and credit unions have a wide range of term deposits – from a few days to five or more years.
All banks and credit unions regularly change the rates they are offering on term deposits to match their funding requirements and costs. Savers need to check the market regularly to ensure they are getting the best available term deposit rate. No one bank or credit union in Australia has consistently better term deposit rates than others.