Term deposit rates falling: Why it’s not too late to lock in and ladder your savings
There’s still time for savvy savers to make the most of the current rate environment.
Beat the clock: Lock in higher term deposit rates before the May RBA decision
With the Reserve Bank of Australia (RBA) widely expected to deliver another interest rate cut on 20 May, time is running out for savers to lock in higher term deposit rates before they slip further.
NAB cuts term deposit rates as savings squeeze tightens
NAB has trimmed its term deposit rates once more, continuing a downward spiral that began even before the Reserve Bank of Australia’s first cash rate cut in February 2025.
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Which low minimum balance term deposits have the highest rates?
Term deposits are a great way of locking up some cash and getting a guaranteed interest rate. However, high interest rates accounts can often have high deposit requirements.
Window closing on term deposit rates as banks prep for May rate cut
Dozens of banks have cut their term deposit rates this week, an early indication that providers are confident of another rate cut after the Reserve Bank’s meeting in May.
How are term deposits rates doing in April?
In bad news for savers, April term deposit rates in the 5% range are now rare for longer terms. This trend has accelerated following the RBA's recent decisions to reduce the cash rate, which is now feeding through to deposit products.
Get ahead of rate cuts in 2025 and maximise your savings with term deposit laddering
If you're looking to invest in term deposits in 2025, but want to balance higher returns with flexible access to your funds, ‘laddering’ could be the strategy you're looking for.
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CBA, NAB cut term deposit rates - is it time to switch?
Two of the Big 4 banks have begun trimming their term deposit rates in step with possible upcoming RBA cuts.
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Is now the time to lock some money in a term deposit?
The decision to put some money away in a term deposit should factor in the overall economic outlook. Right now, most predictions centre on inflation.
Lock in savings: How term deposits can fund your Christmas gifts in 2025
Saving for Christmas can sometimes feel like a last-minute scramble, but what if you could start now and take all the stress out of gift-giving in 2025? Term deposits are a reliable, under-utilised tool that can help you save effectively and make your money work harder. While they’ve been overshadowed by savings accounts and everyday transaction accounts, term deposits offer unique advantages for goal-specific savings like your festive spending.