Term Deposit Interest Rates - What's Out There?

Hi all. I have a term deposit about to mature with ING Direct @ 5.75. Just wondering what's going out there. I may be able to get ING to match the other interest rates. Thanks!

Comments

  • Depending on what kind of funds you've got to invest, similar investments could generate higher than traditional bank rates. What investment time frame are you looking at?

  • I am with Heritage and they offer 6% for 6months, and even 5.50% for 3 months… so depending on how long you want to put it away for, will determine the interest return… Here is a direct link to Heritage's Term Deposit options. http://secure.heritageonline.com.au/Personal-Banking/Term-De…

  • 90 days. I'm actually just going to stick with ING Direct. I get 6.25% for the next month with my transaction account. I guess I'll reassess then. I could also have put it in at 6% with ME Bank, but we'll wait and see.

    Thanks for all the info!

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