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 - rates updated daily
Term Deposit
interest rate
Minimum deposit
Govt Deposit Guarantee
1.20% p.a.
2 years$1,000Yes up to $250,000Great rates and incentives incl. 0.10% added loyalty bonus at renewal. Option to have interest paid to another bank. Winner of the Mozo Experts Choice Awards 2020 for Term Deposits.
Term Deposit
Great rates and incentives incl. 0.10% added loyalty bonus at renewal. Option to have interest paid to another bank. Winner of the Mozo Experts Choice Awards 2020 for Term Deposits.
- Minimum deposit
- $1,000
- Maximum deposit
- $1,000,000
- Can interest be paid to another bank?
- yes
- Automatic rollover
- yes
Read our Mozo Review to learn more about the Judo Bank Term Deposit
Term Deposit
interest rate
Minimum deposit
Govt Deposit Guarantee
0.75% p.a.
9 months$10,000Yes up to $250,000$0 Set up and no ongoing account-keeping fees. Interest rate depends on balance amount. Optional 3,6,9 or 12 month terms. Balances from $10,000.
Term Deposit
$0 Set up and no ongoing account-keeping fees. Interest rate depends on balance amount. Optional 3,6,9 or 12 month terms. Balances from $10,000.
- Minimum deposit
- $10,000
- Maximum deposit
- $2,000,000
- Can interest be paid to another bank?
- no
- Automatic rollover
- yes
Read our Mozo Review to learn more about the Citi Term Deposit
Term Deposit
interest rate
Minimum deposit
Govt Deposit Guarantee
0.97% p.a.
1 year$1,000Yes up to $250,000Great rates and incentives incl. 0.10% added loyalty bonus at renewal. Option to have interest paid to another bank. Winner of the Mozo Experts Choice Awards 2020 for Term Deposits.
Term Deposit
Great rates and incentives incl. 0.10% added loyalty bonus at renewal. Option to have interest paid to another bank. Winner of the Mozo Experts Choice Awards 2020 for Term Deposits.
- Minimum deposit
- $1,000
- Maximum deposit
- $1,000,000
- Can interest be paid to another bank?
- yes
- Automatic rollover
- yes
Read our Mozo Review to learn more about the Judo Bank Term Deposit
Term Deposit
interest rate
Minimum deposit
Govt Deposit Guarantee
0.90% p.a.
1 year$1,000Yes up to $250,000Terms from 3 to 36 months. A guaranteed rate. No account keeping fees. Enjoy a fixed rate or return. Get a written notice before your deposit matures.
Term Deposit
Terms from 3 to 36 months. A guaranteed rate. No account keeping fees. Enjoy a fixed rate or return. Get a written notice before your deposit matures.
- Minimum deposit
- $1,000
- Maximum deposit
- $499,999
- Can interest be paid to another bank?
- yes
- Automatic rollover
- yes
Read our Mozo Review to learn more about the Teachers Mutual Bank Term Deposit
Term Deposit
interest rate
Minimum deposit
Govt Deposit Guarantee
1.05% p.a.
1 year$5,000Yes up to $250,000Flexible 3 to 60 month terms available. $0 account keeping fees. Flexible interest payments at maturity or annually. Minimum $5,000 deposit.
Term Deposit
Flexible 3 to 60 month terms available. $0 account keeping fees. Flexible interest payments at maturity or annually. Minimum $5,000 deposit.
- Minimum deposit
- $5,000
- Maximum deposit
- $100,000
- Can interest be paid to another bank?
- yes
- Automatic rollover
- yes
Read our Mozo Review to learn more about the BankVic Term Deposit
Term Deposit Comparison Table
Promoted
CitiTerm Deposit Special
1.60% p.a.
3 months
$10,000
Go to sitePromoted
MyState BankOnline Term Deposit
1.60% p.a.
9 months
$5,000
Go to sitePromoted
UBankTerm Deposit
1.70% p.a.
1 year
$1,000
Go to sitePromoted
Defence BankTerm Deposit
1.35% p.a.
11 months
$1,000
Go to site^See information about the Mozo Experts Choice Term Deposits Awards
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