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

Promoted

Citi

Term Deposit Special

interest rate*

1.60% p.a.
3 months

Minimum deposit

$10,000

Go to site

Promoted

MyState Bank

Online Term Deposit

interest rate*

1.60% p.a.
9 months

Minimum deposit

$5,000

Go to site

Promoted

UBank

Term Deposit

interest rate*

1.70% p.a.
1 year

Minimum deposit

$1,000

Go to site

Promoted

Defence Bank

Term Deposit

interest rate*

1.35% p.a.
11 months

Minimum deposit

$1,000

Go to site

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