Best Term Deposit Rates - Upto 18 Months Term

Hi,

I know there has been a lot of movement in the TD rates recently and few of the big banks have upped the rates.
I have tried comparing market online but not helpful as the rates haven't been updated.
Looking to deposit about $75K.
Can someone point to the best TD rate for a term around 12-18 months please.

Comments

  • ING 1-year 3.05%. Not sure if it is the highest, but it is higher than the 4 big banks' rate for same term. Wouldn't be surprised if there are smaller banks coming out with higher rates in the near future.

  • How much are you looking to deposit? Large amounts are usually quite negotiable and you should be able to receive ~3% from the big 4 banks.

    • About $75k.

  • Try Cannex for comparison. There are also other compariosn sites

    • Yeah tried, but not able to get updated information. I thought someone might have gone through the process lately..

  • The dates when the 4 big banks will increase the rates are here.

  • Why not high interest savings accounts from mebank or RAMS saver? 3.15% at least.

    • They will probably be dropping their rate soon as well.

  • +1

    I want a certainty that interest rates will not lower any further than the current. If that means I loose in short term or if the interest rates goes higher within next 12 months, so be it, happy to take that risk.

  • What about bank australias 3% high interest savings account?

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