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
What types of term deposits are there?

Have you considered incorporating term deposits into your savings strategy? With guaranteed returns on deposits up to $250,000 in Approved Deposit-taking Institutions (APIs), term deposits [...]

POSTED ON October 16, 2017
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