Which banks increased term deposit rates this week? 2 Feb
ANZ increased its 12-month rate by 10 basis points to 4.10% p.a.
Which banks' term deposit rates delivered an early Christmas present?
Many of the top term deposit rates for 12-months are from customer-owned banks such as Credit Union SA, Illawarra Credit Union, and Gateway Bank.
Neobank Alex granted unrestricted banking licence
Alex Bank currently offers personal loans, and a limited-release savings account offering 3.40% p.a. with the aim of opening this up to the public.
Which banks changed term deposit rates this week?
Which banks increased term deposit rates this week?
Credit Union SA pushed its one-year rate up by 25 basis points to 4.30% p.a.
New lending hit by rising interest rates, yet refinancing remains elevated
Monthly owner-occupier refinancing between lenders has remained above $12 billion since June 2022.
Interest rate hikes having their intended effect as credit growth slows
AMP bins one and two month term deposits
AMP announced that effective 29 November, it will permanently discontinue its one-month and two-month retail term deposits to new customers.
More customer-owned banks join the 4% one-year term deposit club
In what used to be one of the most competitive products in the market, Macquarie cut its one-year term deposit rate by 20 basis points to 3.90% p.a.
Bank of Queensland savings account rate new market leader
Bank of Queensland's (BoQ) Future Saver account for 14-35 year olds is now the top account in the market, at a maximum rate of 4.35% p.a. according to Infoch...
Which banks increased term deposit rates this week? 11 Nov
NAB and its subsidiary ubank the first to move rates following RBA decision
Ninety minutes after the RBA increased the cash rate by 25bps to 2.85%, NAB announced it would do the same to its variable home loan rates on 11 November.
RBA goes 25bps in November, bringing cash rate to nine-year high - 2.85%
On Tuesday morning Teachers Mutual Bank increased the rates on its 11-month term deposit to 4.25% p.a.
With inflation at 7.3%, will the RBA stick to a 25bps hike in November?
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Macquarie, AMP and Judo duke it out for term deposit supremacy
Compare one-year term deposit products from Macquarie, AMP and Judo Bank with rates of 4.10% p.a.
Which banks increased term deposit rates this week? 25 Nov
RBA Governor Dr Philip Lowe said a recession was almost a certainty should the central bank continue its monetary policy tightening to curb high inflation.
Should I go with a term deposit or savings account?
There are now five savings accounts with rates 4.00% p.a. or higher, while there are three one-year term deposit rates starting with a 4.
Which banks increased term deposit rates this week? 21 Oct
NAB, QBE to offer mortgage and LMI discounts for green homes
Which banks increased term deposit rates this week? 14 Oct
Rate changes from RBA announcement took effect, with two banks now offering 4.00% p.a. one-year term deposits.
Why Heartland Finance is the winner of InfoChoice's reverse mortgage award
Heartland Finance is now back-to-back winner of InfoChoice's Reverse Mortgage award, winning in 2020 and 2021. Find out more.
What to know about Heartland Finance's personal loan for seniors
What if you could fund whatever you wanted, and didn't need to make regular repayments? The answer lies in your home.
Get paid interest upfront with a BankFirst term deposit
Customer-owned bank BankFirst recently increased rates on its term deposit where customers can get paid their interest upfront.
Banks push more savings accounts and term deposits over 4%
Westpac subsidiaries St George, BankSA, and Bank of Melbourne now have savings account rates starting with a 4.