News and Features
25th June 2008
Term deposits herald interest rate tumble?
23rd April 2008
Interest Rates Up? Time To Cash In
19th October 2007
Beating the cash rates
5th October 2007
Dollar Wars - The best place for your hard earned savings
Hints & Tips
Make sense of it all with these Term Deposit hints & tips.
Things to think about when choosing a term deposit
- Plan your cash flows to ensure you dont over commit to a Term Deposit time and have to break the Term Deposit
- Shop around for the best rate, you dont always have to stay with your main institution
- Be wary of the high returns offered by debentures. These are not always as secure.
- Don't be afraid to negotiate with banks for the best rates
- Put on your diary the the "release" date of your term deposit. Most institutions have one week renewal/ withdrawal period. Past through this period, your investment may be automatically rolled over for another term.