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12 month term deposits

  • Unimpressed by the stormy investment seas? Don't put your cash under the mattress - make it work hard for you with a high interest term deposit. After all, where interest is concerned more is more.

  • What happens when the 1 year term deposit period is finished?

    After your term deposit period is finished you'll be able to access your money and the interest you've earned. At this point,you could sign up again for another term deposit, transfer the cash into other investments or just spend it and enjoy your interest earnings. Some banks will also give you the option of automatic rollovers so you can continue to receive high interest until you make up your mind. Want more info? Check out our guide, Term Deposit Features.

  • Does it matter if interest is paid monthly, quarterly or at the end of term?

    It sure does! Interest is usually calculated daily, so the sooner that money is yours (ie the more frequently you're paid) the sooner it can be in your account working hard for you and earning you more interest. Do pay attention to the payment frequency as it can really add up! Spot the difference that payment frequency will make with our term deposit calculator.

  • How do I get a 12 month high interest term deposit? Can I apply online?

    It's really simple to do just like opening a bank account. Once you've found the best bank term deposit that best suits your needs simply click the 'go to site' button and you'll be guided through an easy online application.

12 month term deposit comparisons on Mozo - rates updated daily

  • Term Deposit Special

    • Competitive 6 month rate for new to bank funds
    • $0 Setup and account-keeping fees
    • Guaranteed interest rate

    interest
    rate*

    3.00% p.a.
    1 year

    Minimum
    deposit

    $100,000

  • Online Term Deposit

    • No set-up or account keeping fees
    • Apply online in minutes
    • Deposits up to $250,000 per customer are guaranteed by the Australian Government

    interest
    rate*

    2.80% p.a.
    1 year

    Minimum
    deposit

    $5,000

  • Featured product

    Featured product

    Term Deposit

    • Choose how and when your interest is paid
    • No monthly account or application fees
    • With options ranging from one month to five years, you can choose an investment term to suit your needs.

    interest
    rate*

    2.85% p.a.
    1 year

    Minimum
    deposit

    $50,000

  • Term Deposit

    • No account fees
    • Decent returns earning interest on your savings
    • Interest payable every one, three or six months (special conditions or reduced rates apply)

    interest
    rate*

    2.85% p.a.
    1 year

    Minimum
    deposit

    $25,000

  • MOZO EXPERTS CHOICE 2017

    Term Deposit

    • Minimum investment $5,000 to lock in a fixed rate of return
    • Safe and secure with an Australian Government Guarantee
    • Flexible terms, choose from 30 days, 60 days, 90 days, 6 months, 9 months, 12 months and 24 months

    interest
    rate*

    2.65% p.a.
    1 year

    Minimum
    deposit

    $5,000

  • MOZO EXPERTS CHOICE 2017

    Term Deposit

    • No fees whatsoever
    • Choice of a 1, 3, 6, 9 or 12-month term for deposits from $1,000 - $2 million
    • Quick and easy account opening process

    interest
    rate*

    2.64% p.a.
    1 year

    Minimum
    deposit

    $1,000

  • Term Deposit

    • Guaranteed return on your savings
    • Start with as little as $1,000
    • Interest paid monthly, quarterly, half yearly or yearly

    interest
    rate*

    2.50% p.a.
    1 year

    Minimum
    deposit

    $1,000

Want more? Compare all 80 term deposits in the Mozo comparison engine.

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*Different interest rates apply to different amounts or different interest payment frequencies.

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