Skip to main content Skip to main content

Term Deposits

Build your savings with secure, fixed returns over straightforward terms

Term Deposits

What Is a Term Deposit?

A Term Deposit is a simple, low-risk investment option that allows you to earn a fixed interest rate on your money over a specified period. It’s a great way to grow your savings while protecting your capital.

When you invest in a term deposit, you agree to lock your money away for a specific term, typically ranging from one month to five years. In return, the financial institution guarantees a fixed interest rate for the entire period. At the end of the term, you receive your original investment (the principal) along with the interest earned.

Term Deposits

Why Choose a Term Deposit?

Term deposits are a popular choice for conservative investors or those looking to balance more volatile assets with something stable. They offer several key benefits:

  • Security: Your investment is protected, with no exposure to market fluctuations.
  • Certainty: You know exactly how much interest you’ll earn from day one.
  • Simplicity: No ongoing management - just set and forget until maturity.
  • Government Guarantee: In Australia, term deposits up to $250,000 per institution are protected under the Government’s Financial Claims Scheme.

Things to Consider

While term deposits offer peace of mind, it’s important to note:

  • You usually can’t access your funds until the term ends without paying a penalty.
  • The interest rate is fixed, so if market rates rise, your return won’t change.
  • They may not keep pace with inflation over time, especially for long-term goals.

How We Can Help

At Focused Advisers, we help you determine if term deposits align with your financial plan, whether for short-term savings, capital preservation, or as part of a broader diversification strategy. We also compare rates across institutions to help you get the most value for your investment.

Safe. Simple. Structured. Let’s grow your savings with confidence.

Explore your Term Deposits Options

Book a free intro call with one of our experienced financial advisers and discover how Term Deposits can give you peace of mind, no matter what life throws your way.

Book Your Introductory Call

Our Team

Meet Scott and Patrick, your financial advisers for wealth, super, retirement & insurance

Patrick Harrison

Patrick Harrison

Principal Financial Adviser

With over 18 years in financial services, Patrick partners with individuals and high-net-worth clients alike to turn ... Read more

Connect:

Scott Hendy

Scott Hendy

Financial Adviser

With over 7 years of experience in the financial advice industry, and a diverse career in public-facing roles before ... Read more

Connect: