Posted on January 16, 2010.
What is the best Australian term deposit? I am almost 17 and $ 10,000 and may have money in a period of 12 to 18 months.
Which bank offers the best interest rates, or by a term deposit or other account.
I am currently get 6.75% with the Commonwealth NetBank know.
Thank you
I would recommend TdDirect BankWest term deposit. They are currently offering 8.1% over a period of 12 months. There is a minimum investment of $ 1,000, then you should be right. This is the highest consideration I could find, free or ridiculously large minimum investments.
You can request an account or do more research on it to http://www.bankwest.com.au/tddirect/?pro ... there is also a calculator interest that you can use.
I hope this helps you, good luck!
Check Cannex - they are an independent Australian fixed income products. Their information can be downloaded free.
See the list of all deposits.
