Term Deposits News
The latest term deposits news and tips
Best term deposits for November 2020
The Reserve Bank of Australia cut the cash rate to a new record-low of 0.10 per cent and Australian savers may be wondering where they can still nab a high interest rate term deposit.
When will term deposit rates go up?
On top of everything else that’s happened in 2020, interest rates on term deposits and savings accounts have been stagnating or declining to record lows over the year. It’s not yet clear when exactly these rates for savers are expected to start rising again.
Best term deposits for September 2020
Despite a low cash rate, there are still some competitive term deposits on the market if you’re willing to look around.
The best term deposits for July 2020
In the last few months interest rates for savers have been slashed left and right. So, is it time to lock away your savings with a term deposit at a rate that won’t fall any further?
Australia's best term deposits for May 2020
Getting the most out of your savings can be a challenge when term deposit interest rates are currently sitting at historic lows. However, in this growing period of uncertainty, one thing term deposits may offer your savings is (almost) guaranteed returns.
5 term deposits earning the highest returns right now
If you're looking to get the most out of your savings, here are five of the top term deposit accounts that have the highest interest on the market.
Savings surprise: Why some term deposit rates are on the rise
Banks are lifting some of their term deposit rates, despite the emergency cash rate cut last week, in a small win for savers during the coronavirus crisis.
RateCity reveals the banks offering the best deposit rates for pensioners
RateCity welcomes the deeming rate changes, unveiled today by the government, designed to boost the pension of almost 1 million Australians.
NAB leads Australia in the world’s 100 most sustainable companies
NAB has been ranked as the greenest Australian business in an index of the world’s most sustainable companies.
Are term deposits safe as houses?
If you’re saving for a home loan deposit, a term deposit could be a smart place to park your spare cash.
Citibank term deposits paying up to 3.50%
Citibank is paying term deposit rates of up to 3.50 per cent for Australians who have at least $250,000 to invest.
Banks put a price on loyalty for term deposit customers
A small number of institutions are offering loyalty bonuses to Australians who roll over their term deposit for a second term.
Smaller institutions offering highest 3-month term deposit rates
Found yourself with a bit of extra cash and wondering what to do with it? Putting the funds in a three-month term deposit may be a clever move while you research your options.
Today's top term deposits products
Online Term Deposit
p.a for 6 months
p.a for 12 months
p.a for 24 months
- No account keeping fees
- Interest can be paid to other institution
- Interest rate variations available based on payment options
- Only 1 days notice to withdraw funds before maturity