![]() Remember: When you are investing for only half of the year with a 4% p.a interest rate, you will earn 2% on your deposit. Information page, to keep on top of the latest term deposit rates. Check out our Term Deposits Interest Rates That said, it is still possible to get a higher interest rate with a six month term. ![]() What kind of interest rate can I get with a six month term deposit?Generally the longer the term you opt for, the higher the interest rate you'll get. ![]() Most big banks and credit unions offer six month term deposits, but be sure to shop around for the best rate on the amount you are investing. This means that you can sit back, relax and watch your funds grow without having to worry about losing money. When you put your money in a term deposit, you will already know the amount of interest you will be getting on your money. A six month term deposit is ideal for those who can afford to put their savings away for half a year and earn interest without having to do anything.
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