ME has the most award winning savings and deposit products across the Mozo Experts Choice Awards categories.
If you have money you'd like locked away for the short term (7 months or less) at a fixed interest rate, here's the Mozo experts' top term deposit picks. For full awards criteria see here.
CitiTerm Deposit
Bank of SydneyTerm Deposit
INGTerm Deposit
METerm Deposit
P&N BankTerm Deposit
UBankTerm Deposit
Bank FirstTerm Deposit
Here is the Mozo experts' choice for the best value term deposit if you have funds you want to fix at a set interest rate for a term between 8 and 13 months.
Big SkyTerm Deposit
firstmacTerm Deposit
INGTerm Deposit
METerm Deposit
P&N BankTerm Deposit
People's Choice Credit UnionTerm Deposit
Rural Bank ONETerm Deposit
Teachers Mutual BankTerm Deposit
For investing over the long term (2 - 5 years), Mozo compared all term deposits in our database. Below are the accounts awarded gold, silver and bronze for having the best rates.
abal bankingTerm Deposit
BOQ SpecialistTerm Deposit
Greater BankTerm Deposit
The Mutual BankTerm Deposit
METerm Deposit
People's Choice Credit UnionTerm Deposit
RabobankTerm Deposit
Mozo considered at call savings accounts, transaction focused bank accounts, and fixed term deposits. Awards have been awarded for each of these product types.
Mozo has been researching and comparing financial products since 2008, and hundreds of thousands of Australians use our comparison services each month. Our research team is headed by our Research & Insights Director and our Product Data Manager who have over 50 years of financial services experience and 21 years in online financial comparison.
More information on the methodology and deposit awards criteria can be found here.
With any kind of term deposit account, one of the top priorities is to find an account with the best interest rate as this will mean more interest and therefore more money in your pocket. Mozo’s Experts Choice Awards have made it simple to find the best term deposits in the market for anyone saving for the short, medium and long term. But before you sign up for a new term deposit account there are a few additional things to consider.