If you’re after certainty, take a look at a term deposit – they offer peace of mind whether you have a little or a lot to invest.
A term deposit provides the certainty of knowing exactly how much of a return you’ll get on your investment at the end of your chosen term by offering a fixed rate of interest.
We’ve chosen to partner with some of Australia’s biggest providers – Bank of Queensland, RaboDirect and the National Australia Bank. You’ll know the interest rate up front, and have a choice of 30, 90, 180 and 365 day terms.
You can invest anything from $5,000 to $5 million in a term deposit. You’ll just need to meet ongoing balance requirements.
At the end of the term, you can choose to be paid the principal and the interest as cash into your transaction account, or reinvest for another term.
Friday 17 November 2017
Thursday 23 November 2017. Rates are updated each Friday.
You can find out more about term deposits in the Self Invest Guide, and the Self Invest Term Deposit factsheet.