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    • Popular term deposits on MozoRates updated: 4 February 2012

      • Bankwest
        Bankwest tddirect
        • Guaranteed return of 5.70% p.a. for 2 months provided no withdrawals are made.
        • Invest $1,000 to $5,000,000
      • interest rate*

        5.70%
        2 months

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      • St George
        Term Deposit
        • Interest paid at maturity for deposits of $5,000 or more
      • interest rate*

        5.55%
        5 months

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      • St George
        Term Deposit
        • Interest paid at maturity for deposits of $5,000 or more
      • interest rate*

        2.55%

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      • St George
        Term Deposit
        • Interest paid at maturity for deposits of $5,000 or more
      • interest rate*

        3.25%

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      • St George
        Term Deposit
        • Interest paid at maturity for deposits of $5,000 or more
      • interest rate*

        5.20%

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      • St George
        Term Deposit
        • Interest paid at maturity for deposits of $5,000 or more
      • interest rate*

        5.10%

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      • St George
        Term Deposit
        • Interest paid at maturity for deposits of $5,000 or more
      • interest rate*

        5.30%

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      • St George
        Term Deposit
        • Interest paid at maturity for deposits of $5,000 or more
      • interest rate*

        5.80%

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    Term deposit reviews

      • Bank of Queensland Premier Investment

        • 5.30%

          interest rate

        • $

          minimum deposit

        Another term deposit offer

        Bankwest Bankwest tddirect

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        Bank of Queensland term deposit review

          11. Overall customer rating
          12. (Reviewed 2 days ago)

        This bank is the best, best interest rates and gives you early notice when your fix term matures. They will not reinvest your fix term deposite at a lower rate without you knowing.       Full review 

        This bank is the best, best interest rates and gives you early notice when your fix term matures. They will not reinvest your fix term deposite at a lower rate without you knowing.


          11. Price
          11. Features
          11. Service
          11. Convenience
          11. Trust
        Less
        Bank of Queensland term deposit review by Paul from Australian Capital Territory

        1 person found this review helpful – do you?

        Yes

      • Bankwest Bankwest tddirect ($1000 to $5000000)

        Bankwest Gold Term Deposit ($5000 to $2000000)

        More Bankwest term deposits

        Show Rates

        Bankwest term deposit review

          11. Overall customer rating
          12. (Reviewed 2 days ago)

        This product has made it possible for me to save money for my upcoming overseas holiday! The pro of this product is that I can't touch the money once it's in and the interest rates are very competitive. The con would be that the terms that have bo...       Full review 

        This product has made it possible for me to save money for my upcoming overseas holiday! The pro of this product is that I can't touch the money once it's in and the interest rates are very competitive. The con would be that the terms that have bonus interest rates change from month to month so you could be earning more interest depending on which month it is. Overall though, I'm very happy.


          11. Price
          11. Features
          11. Service
          11. Convenience
          11. Trust
        Less
        Bankwest term deposit review by Rebecca from Western Australia

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      • Bankwest Bankwest tddirect

        Compare all term deposits

        Show Rates

        UBank term deposit review

        Rates always above other banks.

          11. Overall customer rating
          12. (Reviewed 2 days ago)

        Great Interest Rate and so easy to apply online for product. Exceptional Customer Service and I can talk to a human if I have a problem!       Full review 

        Great Interest Rate and so easy to apply online for product. Exceptional Customer Service and I can talk to a human if I have a problem!


          11. Price
          11. Features
          11. Service
          11. Convenience
          11. Trust
        Less
        UBank Term Deposit term deposit review by Jacqueline from Queensland

        1 person found this review helpful – do you?

        Yes

    Term deposit 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.

    More information on bank term deposits.

    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.

    If you know your preferred investment term you can find information here on:
    1 month term deposits
    1 year term deposits

    It is worth crunching the numbers with a term deposit calculator to see how much your term deposit will be worth at the end of the investment period and compare this with high interest savings accounts rates.

    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.

    More information on rollover term deposits.

    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.

    This page only covers personal term deposits - step over here to compare business term deposits.

    5

    Highest interest rate

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

    Highest rated term deposits- as voted by the Mozo Community (rating out of 10)

    • 8.7

      ING DIRECT term deposits

      Overall rating: 8.7 (36 reviews)

      Last reviewed: 01 February 2012


      11. Overall customer rating
      11. Price
      11. Features
      11. Service
      11. Convenience
      11. Trust
      ING DIRECT term deposits
    • 8.5

      Bendigo Bank term deposits

      Overall rating: 8.5 (46 reviews)

      Last reviewed: 25 January 2012


      11. Overall customer rating
      11. Price
      11. Features
      11. Service
      11. Convenience
      11. Trust
      Bendigo Bank term deposits
    • 8.2

      St George term deposits

      Overall rating: 8.2 (30 reviews)

      Last reviewed: 25 January 2012


      11. Overall customer rating
      11. Price
      11. Features
      11. Service
      11. Convenience
      11. Trust
      St George term deposits
    • 8.0

      Westpac term deposits

      Overall rating: 8.0 (62 reviews)

      Last reviewed: 31 January 2012


      11. Overall customer rating
      11. Price
      11. Features
      11. Service
      11. Convenience
      11. Trust
      Westpac term deposits
    • 7.7

      NAB term deposits

      Overall rating: 7.7 (41 reviews)

      Last reviewed: 25 January 2012


      11. Overall customer rating
      11. Price
      11. Features
      11. Service
      11. Convenience
      11. Trust
      NAB term deposits

    Citibank
    5.65% p.a. for 3 months

    Term Deposit special

    • Range of terms from 8 days to 5 years
    • Available in a wide range of currencies
    • Government guaranteed deposit
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    Term deposit calculators

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    Term deposit articles

    Term deposit guides

    Don't get locked in a dud term deposit. Get the best account and highest savings interest tips with our handy guides.

    • *based on a $25,000 deposit. Different interest rates apply to different amounts or different interest payment frequencies.