Long term deposit rates compare
Fixed rate bonds are a type of bank account. They tie up your money for a set length of time, known as a 'term'. Fixed rate bonds pay you interest at a fixed rate. The interest is usually more than you'd get with other, more accessible, savings accounts. That's why people invest in them. But with fixed rate bonds, you can't usually take any money out, or put any money in, during the fixed term.
Compare Term Deposits
We use cookies to secure and tailor your web use. Our notice explains how we use cookies and how you can manage them. By continuing to use this site we assume you're ok with our notice. You can save yourself that hassle of a trip into a branch or having to give us a call. Explore your bonus rates when you sign into Online Banking. Offer available for a limited time only on new Term Deposits opened by Westpac personal customers.
The 'On Demand' at call standard interest rates may apply to periods between Maturity and renewal or repayment of an Account. These rates are variable. Westpac Term Deposits have a 6 business day Variation Period, starting from the date of maturity. During this time you can make one change, including withdrawing funds or closing your account, without incurring a fee or a reduction in your interest return for interest earned during the immediately preceding term. Call us on A term deposit lets you lock your money away for a set length of time at a guaranteed interest rate, whereas a savings account gives you access to your money at any time but has an interest rate that can change.
Find out more. Westpac Live will be available to update Term Deposits from am to 9. Term Deposit rates A Westpac Term Deposit can give you the certainty of knowing exactly what the return on your money will be. Existing customers Sign in to check rates Sign in to check rates Renew online Renew online. New to Westpac Choose a rate and term Choose a rate and term.
Why open a Westpac Term Deposit? Already with Westpac? You may be eligible for a bonus rate on top of our standard rates You can save yourself that hassle of a trip into a branch or having to give us a call. Existing customers Sign in to check rates Sign in to check rates. Special rates are highlighted in red.
Rates for 1 to 6 months term. Rates for 6 to 12 months term. Rates for more than 12 months. What is the Term Deposit Variation Period rate? We can also Sign in to check rates Sign in to check rates.
Choose a rate and term Choose a rate and term. Find out more Find out more. More options. Term Deposits All bank accounts. Tools and calculators. Term Deposit rate calculator Savings calculator Home saver calculator.
Things you should know Any bonus rates offered above may only be available through Westpac Live Online Banking. Personal customers only. Private Bank customers may need to contact their Relationship Manager to obtain this rate.
Not available for business, corporate, institutional or government customers. Rate applies for a single term. Higher or lower rates may apply for subsequent terms. Rate is not available in conjunction with any bonus interest or other special rates offered on Westpac Term Deposits. If the deposit or any part of it is withdrawn early, an interest rate adjustment will normally apply.
% p.a. for 6 months. Bankwest online term deposit.
FD rates of banks are determined by changes in RBI monetary policy such as repo rate, base rate etc, internal liquidity position of banks, economic conditions and the level of credit demand. FD interest rates of different banks in India vary by deposit amount, deposit tenure and type of depositor. Fixed Deposits of Small Finance Banks are a good choice for depositors looking to earn high interest rate on safe time deposits.
Term deposits let you store your savings with your chosen bank and lock in a steady interest rate to grow your wealth over time. Term deposits work much like savings accounts or investments, but with a few key differences.
Type a minimum of three characters then press UP or DOWN on the keyboard to navigate the autocompleted search results. View Term Deposit. Interest rates may change at any time without notice.
Compare Term Deposits in Australia
With this interest rates table, you can use the arrows to sort by various options such as interest rate, provider, amount and rating. Rates changes from the past seven days will be highlighted in green or red. Disclaimer - Every possible effort has been made to keep the information in the tables and on this site as accurate as possible, however, neither the publisher, Tarawera Publishing, nor anyone engaged to compile the rates and this site accept any liability for inaccuracies or any loss suffered as a result. It is strongly advised that readers check loan details with providers. The full terms and conditions of this site can be found here.
Term Deposit rates
Australia's corporate watchdog is urging investors to be wary of fixed-term products that are claimed to be 'like' term deposits. Read More…. Looking for somewhere to stash your cash for a few months while earning interest? Consider a six-month term deposit. View All. Savings has collated some of the highest te View Collection. While coronavirus dominated the headlines in April, term deposit rates were quietly falling in the background. Australia's central bank has warned of some incredibly difficult months ahead for the economy. What is a term deposit?
A CD is a type of savings account that has a fixed rate and a maturity date.
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Term Deposits
This document forms part of the product disclosure statement for each of the products listed in this document along with the product disclosure statement including terms and conditions for the relevant product. If you would like a copy of these documents, contact us. A term deposit lets you lock in a high interest rate, while choosing a term to suit your specific needs. The interest is calculated daily and paid when your term deposit matures. For terms of 12 months or more, you can choose to have your interest paid monthly, quarterly, half-yearly or annually — whichever works best for you. Apply now. Request a call. Find out more about managing your term deposit. Any advice in this document has been prepared without taking into account your objectives, financial situation or needs. Before acting on any advice on this document, National Australia Bank Limited recommends that you consider whether it is appropriate for your circumstances. Before making any decisions regarding any of the products covered by this document, NAB recommends you consider the applicable Product Disclosure Statement or other disclosure document, available from NAB. This information was prepared on 6 May unless the Interest Rate Quotation above contains a different date, in which case this document was prepared on that date. All rates are effective, 7 May , and are subject to change at any time. To find out more, visit nab. Skip to Login Skip to main content.
Term Deposit Rates
A term deposit is a low-risk investment strategy offered by major financial institutions - such as banks - which allow you to invest your money at a fixed interest rate for a predetermined period of time. As you are unable to access your funds without incurring harsh penalties, banks offer higher interest rates for term deposits than standard savings accounts. A term deposit is essentially a locked bank account; you cannot freely access the funds, but they are securely held by a bank. They use both a fixed term and a fixed rate of interest - this makes them easier to compare than some other types of investments where variable rates can affect your forecasted profits. Term deposits use compound Interest, which is applied at the fixed rate set out by the provider when you open the account.
