Term deposits are funds deposited into an account for a fixed term with the purpose of earning interest. The interest rate that a term deposit receives is dependent on the amount and the term. Term deposit providers will offer different interest rates based on these factors as well as others, so compare deals to find a rate you are happy with. Term deposits are an investment that can either be short-term or long-term. Usually you cannot access your funds until your investment reaches the end of term or maturity. See how much interest you can earn with a short-term 180 day term deposit over 7% listed below.