Mozo guides

Term deposit tricks and tips

Here are some tips from the mozo team for getting the best value from your term deposit

  • Decide how long you can survive without your cash.
  • Check out our budget planner for a shortcut to financial organisation.
  • Have a play with our term deposit calculator to see how longer terms will increase your earnings.
  • Find the best interest rate. Okay, this sounds like a bastard of an ordeal. But Mozo helps compare term deposits, searching hundreds of accounts in seconds. Search the term deposit market now!
  • Be sure to have a quick look at some saving account deals to see if they're better at the moment.
  • Background check your peachy term deposit deal. Again: sounds tough, takes seconds. Hit the term deposit reviews from real customers who have these accounts already.
  • Save up a storm with your thunderous new term deposit.

Start comparing term deposits now.

Term Deposit Comparison Table - last updated 3 December 2023

Search promoted term deposits below or do a full Mozo database search . Advertiser disclosure
  • Online Term Deposit

    5.00% p.a.
    9 months

    $1,000

    Yes up to $250,000

    Enjoy the certainty of a fixed interest rate combined with the convenience of online banking to set up and manage your term deposit at maturity. You can start investing from as little as $1,000 or up to $5,000,000.

    Details
  • Term Deposit

    4.25% p.a.
    1 year

    $5,000

    Yes up to $250,000

    Details
  • Standard Term Deposit

    5.00% p.a.
    1 year

    $25,000

    Yes up to $250,000

    Competitive interest rates. No set up fees to pay. Interest can be paid into another bank account. Insured by the Australian Government Financial Claims Scheme – up to a total of $250,000 per member.

    Details
  • Term Deposit

    4.25% p.a.
    1 year

    $5,000

    Yes up to $250,000

    No set up, monthly service or management fees & choose to invest from $5,000 or more

    Details

Term Deposit Comparison Table

Promoted

Term Deposit Special

1.60% p.a.
3 months

$10,000

Promoted

Online Term Deposit

1.60% p.a.
9 months

$5,000

Promoted

Term Deposit

1.70% p.a.
1 year

$1,000

Promoted

Term Deposit

1.35% p.a.
11 months

$1,000

*Rates shown are for interest paid annually, or on maturity for terms less than 1 year.

Mozo
Mozo

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

^See information about the Mozo Experts Choice Term Deposit Awards

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