Term deposits are a low risk investment that give a fixed rate of interest. Find out how to choose the best term deposit for you. Competitive rate of 1.90% p.a. for 6 months; Loyalty bonus of 0.10%; Interest paid into any Australian bank account; No account-keeping or set-up fees to pay Current interest rates. 0.75% p.a.. 3 months. Investments of $5,000 to $99,999. Interest paid at maturity. 0.75% p.a.. 6 months. Investments of $5,000 to $99,999 21 Mar 2017 Save time searching for the right term deposit with the best interest rate by Terms deposit rates are still generally better than savings accounts, by not So, even if the Reserve Bank of Australia changes its rate, your return Our term deposit offer high interest rates for fixed periods of time to reach your Combined deposits up to $250,000 per customer are protected by the Australian Talk to a financial adviser to see what kind of saving strategy works best for
Our term deposit offer high interest rates for fixed periods of time to reach your Combined deposits up to $250,000 per customer are protected by the Australian Talk to a financial adviser to see what kind of saving strategy works best for 6 month term deposits comparison. Compare & review high interest term deposits , monthly fees and features from 100s of Australian banks & credit unions. Our savings and term deposit accounts have competitive interest rates to help you Banking Booklet (PDF) - produced by the Australian Bankers' Association.
12 Mar 2020 Compare term deposit interest rates from a variety of different banks at Find popular term deposits lenders from a wide range of Australian. 4 Mar 2020 Compare Australian term deposits on Mozo to see which bank is currently offering the best interest rates. Term deposit rates in Australia; What affects a term deposit's interest rate? Pros and cons of term
Our savings and term deposit accounts have competitive interest rates to help you Banking Booklet (PDF) - produced by the Australian Bankers' Association. Term deposits 1 to 5 years Today's Best Term Deposit Interest Rates*. To view all the interest rates from over 20 banks and financial institutions, login and enter the amount you wish to invest. The Australian Government guarantees aggregated deposits of up to A$250,000 1 with Australian authorised deposit-taking institutions. Flexible interest payments Your best choice in short and long term investment. Competitive interest rates paid; Interest calculated daily; Terms available from one month to five years
4 Aug 2016 A high interest term deposit is appealing but Canstar breaks down the Choosing the correct tenure to get your best term deposit rates in New At the time of writing, the Reserve Bank of Australia had just ruled to lower the Compare popular term deposit interest rates. Compare ANZ, CBA, NAB and Westpac term deposit rates for a $5,000 deposit in a 6-month term below. RBA cash rate cut a "party fizzer" for savers, retirees, but good news could be on its way. At its board meeting in Darwin on 2 July, 2019, the Reserve Bank of Australia (RBA) decided to cut the official cash rate to 1%. This is the lowest rate to date in Australia’s recorded financial history. If you don’t need to access your money for a long period, long term deposits often have some of the best term deposit interest rates in Australia. This is because the longer you leave your money in a term deposit, the more time the bank has to reinvest that money, and the more interest you stand to earn. Government guarantee on term deposits; FAQs; Term deposit rates in Australia. Term deposits are by definition a simple product: you deposit a stash of money in an account for a fixed period of time and earn a fixed rate of interest. It looks like for the said amount, Citibank Term Deposit has 3% interest rate for a 12-month term, followed by CUA Term Deposit with 2.85%, then MyState Bank Online Term Deposit 2.70%. The term deposit rate is the agreed interest rate for your term deposit. It remains fixed for the term of the deposit. For example, if you deposit $5,000 for 12 months at a 2.5 per cent term deposit rate, that 2.5 per cent term deposit rate will be fixed for the entire 12 months and won’t change until the term matures.