Interest on a term deposit is generally calculated as a percentage of the amount deposited, at an annual rate. To calculate the annual interest ear...

The term deposit rates offered by banks can fluctuate, often in line with the Reserve Bank of Australia’s official cash rate, and also vary from pr...

If you invest in a term deposit, you will need to leave the money untouched for the duration of the term, which typically ranges from one month up...

Term deposits come with a fixed interest rate for the duration of the term. How high that interest rate will be will depend on the bank you choose,...

It’s usually possible to break a term deposit if you need the money urgently or decide mid-term that you want to move your money somewhere else. Th...

At the end of the term, your term deposit is said to ‘mature’. At this point, you generally have the option of withdrawing the funds along with any...

Whether a term deposit is a good option for you will depend on your circumstances and goals. They can be attractive to savers who are looking for t...