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Compare term deposits with Mozo to find the best account for your needs. Skip straight to our popular term deposits in the table below, or go the whole hog and compare all term deposits now.

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Highest rate term deposits

- based on a $25,000 deposit over a 180 day term

Most recent term deposit reviews

Commonwealth Bank term deposits

  • Overall Rating

    9
  • Pricing

    10
  • Product Features

    8
  • Customer Service

    10
  • Convenience

    10
  • Trust

    9

They make you feel like family, not treating you like they just want your money. Rather, they want to help you to invest your own money. – Linda Janse van Rensburg from Victoria, a Commonwealth Bank term deposit customer.   Reviewed 1 day ago

Commonwealth Bank term deposits

  • Overall Rating

    3
  • Pricing

    5
  • Product Features

    2
  • Customer Service

    1
  • Convenience

    7
  • Trust

    3

One of the features is that my funds get to grow but I cant touch it for a specific amount of time that I choose. – Prue from Queensland, a Commonwealth Bank term deposit customer.   Reviewed 1 day ago

Bendigo Bank term deposits

  • Overall Rating

    9
  • Pricing

    7
  • Product Features

    5
  • Customer Service

    10
  • Convenience

    8
  • Trust

    9

Good interest rates, choice, and correspondence. Nothing to dislike. – Beverley from New South Wales, a Bendigo Bank term deposit customer.   Reviewed 1 day ago

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articles

Term deposit articles

– all the latest term deposit info

Australians urged to compare term deposits as interest rates are slashed

Tuesday 16 March 2010

The big four banks have lowered interest rates on some of their fixed-term deposits, thereby reducing returns for savers.


Read more...

Gender pay gap remains wide

Monday 08 March 2010

Australian women are still earning an average of 17 per cent less than men, new figures show.


Read more...
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Term deposits information

Term deposits might not be the sexiest investment, but they do offer a safe haven in choppy financial seas. In these days of economic uncertainty, term deposits are gaining popularity as a safe place to park spare cash and guard against future interest rate falls.

Finding the best term deposits rates on the market can be a time consuming exercise, but Mozo can help you compare term deposits with ease. Our database has all the latest deposit interest rates and covers all the main financial institutions, including ING term deposits, BankWest term deposits, Raboplus term deposits and more.

You can also get the inside story on the best deals from those in the know with term deposit reviews by the Mozo community.

Term deposit comparison

Whether you’re looking for a short term or long term deposit account, our nifty comparison tools let you quickly filter and compare term deposits according to the features you want.

You can shortlist term deposits and compare your selection side-by-side to pick a winner.

Finding the best term deposit rates

Before you compare term deposits, remember that your money will be locked away from reach for the length of the term. Make sure that you won’t need to access your cash before the term is up, as early withdrawal fees can be harsh.

Deposit terms range from as little as 30 days to three years or more. Term deposit rates differ according to the length of the term and the amount you are investing, so it pays to shop around for the best deposit term and interest rate for your situation.

Term deposit features

Banks calculate and pay term deposit interest in different ways, such as daily, monthly, quarterly and annually. Trying to compare term deposits in this way is enough to give anyone a headache, but choosing a deposit product that pays interest frequently and automatically rolls the interest back in will give you a bigger pot of gold at the end of the rainbow.

Mozo lets you filter and compare term deposits according to the type of features you want, such as how frequently interest is paid and whether early withdrawal is allowed.

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