Which bank has the best term deposits?
All banks and credit unions offer a range of term deposits, from a few weeks in length to five years or longer. Most term deposits are fee free, unless the consumer tries to withdraw their money before the term has ended.
A recent large survey of Australian consumers found that Bendigo Bank scored well among savers for good term deposits. All savers using term deposits must be prepared to switch to a new institution to secure a good rate.
Source: Banking Day