This week, CBA, BOQ, ING, Suncorp and more increased term deposit rates by up to 165 basis points.
Commonwealth Bank, AMP Bank and BOQ increased term deposit interest rates by up to 170 basis points.
Term deposit rates are pretty low at the moment, but that doesn’t mean you can’t snap up a better rate for yourself.
Judo Bank, Bendigo Bank, ME Bank, BOQ and more have recently increased their term deposit rates by up to 135 basis points.
Over the past week, RACQ Bank, ME Bank, BOQ and more have raised term deposit interest rates by up to 40 basis points.
One of Australia's market-leading savings accounts has had its interest rate bumped up, while term deposit rates are also seeing some increases.
There are some fundamental differences – and similarities – between term deposits and savings accounts.
Two banks - AMP and Judo - are tempting savers with higher term deposit and savings account interest rates.
Term deposits are an ever-popular product, but does being popular make them a worthwhile investment in the present financial climate?
Don’t risk your savings going backwards because of inflation.