What are the best term deposits in Australia? Are you hunting for a term deposit to stash some cash?
Term deposits are a type of financial product offered by financial institutions that allow you to lock away your savings for a set period of time (the term), in exchange for a fixed interest rate.
In this brief episode, we’ll attempt to outline a few of the high-interest options available to you. As always, be sure to read the Terms & Conditions, along with the Financial Services Guide (FSG).
Please note: this podcast was recorded on October 31st, 2022 (a day before the Reserve Bank of Australia increased interest rates by 0.25%).
Resources:
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- Top 5 savings accounts
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- Rask Core community’s best accounts
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WARNING: The information on this website and in our podcasts is general financial advice only. That means, the advice does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. In addition, you should obtain and read the product disclosure statement (PDS) before making a decision to acquire a financial product.
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