Term deposits are one of many ways for you to invest your money, alongside options such as savings accounts, shares, property and managed funds.
Term deposit rates have been cut substantially by banks over recent months, according to research conducted by RateCity.
Are you thinking about taking out a home loan as an investor or opening a term deposit account? There are pros and cons to both approaches.
Each year Australians look for ways to accrue, save and invest their money, with many turning to term deposits for their investments.
Term deposits are great for the undisciplined saver because you can lock away your savings for a period of time and you won't be tempted to withdraw it. Today we are looking at the benefits of longer-term deposits.
There are many ways to save these days - if you can just avoid the temptation to spend. So what are some of the best long-term savings plans and options?
Many Australians who are seeking to invest their savings consider term deposits as a secure investment option and keep a close eye on blackboard specials - but should they?
Some lottery players don't wish for luck, they make their own. Yet a string of recent "lotto hackers" in North America did not use high-tech gadgetry like the kind found in Hollywood films, but a knack for spotting patterns and exploiting loopholes.
Checking Australia's term deposit best interest rates is a smart option if you are looking to safely invest your savings over the short-to-mid-term. And a great way to compare the return on various term deposits is by using RateCity's term deposit calculator.
If you want a greater degree of investment certainty, then putting your savings into high interest term deposits may be an option worth considering.
Whether you are looking to invest your savings into short or long-term term deposits use RateCity to search, compare and apply for some of term deposits best rates accounts.
As lenders loosen the purse strings and house prices take a dive, first-time buyers are more likely to be able to buy than at any time since the credit crunch.
When looking to compare term deposit rates, it is important to consider some of the highest interest term deposits online, plus the fees and conditions attached to the account.
Term deposits are a fixed interest investment suitable for those who want to receive a safe, stable and generally, attractive return on their money.
^Words such as "top", "best", "cheapest" or "lowest" are not a recommendation or rating of products. This page compares a range of products from selected providers and not all products or providers are included in the comparison. There is no such thing as a 'one- size-fits-all' financial product. The best loan, credit card, superannuation account or bank account for you might not be the best choice for someone else. Before selecting any financial product you should read the fine print carefully, including the product disclosure statement, fact sheet or terms and conditions document and obtain professional financial advice on whether a product is right for you and your finances.