term deposit

I recently tried to put some money on term deposit in California, where my family enjoys holidaying each year. At the local Chase Bank branch I asked the young lady behind the counter about rates for a six-month term deposit. She looked at me blankly. ... More

Term deposit holders face a dilemma. Since the GFC they've experienced some extraordinary returns. But premium rates on term deposits are falling fast. Last month saw a number of lenders drop both their fixed-rate home loans and term deposits; the longer-term ... More

You might think that if you put cash into your bank you could ask for cash if you wanted to take it out. Not so, according to one Money reader. "It was explained that this could not be done, being the bank's policy," says Jane. "I answered it was outrageous ... More