With interest rates near their highest levels in years, many savers will be taking a fresh look at term deposits. But are they the right home for your cash?
On this episode of the Friends With Money podcast, Money's Tom Watson is joined by Olivia McArdle, head of deposits and payments at Macquarie Bank, to unpack everything savers need to know about term deposits.
00:00 Introduction
01:25 Term deposits versus savings accounts
04:10 Are higher rates making term deposits more attractive?
05:50 How banks determine term deposit rates
08:15 Common mistakes savers make with term deposits
10:50 Can you access your money early?
13:10 Term deposits and the Financial Claims Scheme
Podden och tillhörande omslagsbild på den här sidan tillhör
Money Magazine. Innehållet i podden är skapat av Money Magazine och inte av,
eller tillsammans med, Poddtoppen.
