Term Deposits
Find and compare term deposit accounts with the highest interest rate and best features using Star Ratings. Term deposits differ from normal savings accounts because they offer fixed rates for fixed terms. As with many financial products, there are pros and cons to consider. Read more ...
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Australia | New Zealand
Term Deposits Guide
Star Ratings
Star Ratings are a guide to help you if you are shopping for a new term deposit account, or simply wish to find a term deposit account that represents superior value for money. Only the top term deposits are given a Five Star rating.
Learn about term deposits
Star Ratings Library
Looking for a previous term deposit star ratings report? The Star Ratings Library lets you find the best rates, features, and star ratings from previous term deposit reports.
Visit the Star Ratings Library!
CANNEX star ratings are a benchmark to help you compare financial products based on their rates and features.
Only the top 5% of products are awarded the prestigious five star status.
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Term Deposit Videos
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CANNEX Comments
Don't over commit |
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"If you intend to take out a term deposit make sure that you've planned ahead and you won't need to withdraw the money before the term expires. Once you're locked in, you're locked in, so you'll need to have money elsewhere in case of an emergency." - Peter Arnold, CANNEX Analyst. |
Get the best rate |
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"When taking out a term deposit, it's important to shop around for the best rate. Since your money will be locked away, you should try to get the best return you can. View our term deposit snapshots to compare rates." - Steven Mickenbecker, CANNEX Head of Research, Product and Strategy. |