18 months, paid end of term: 115 basis point increase to 2.00% p.a.Great Southern Bank increased its term deposits by up to 140 basis points. Great Southern Bank term deposits push towards 3% p.a.
5 years, paid annually: 125 basis point increase to 3.05% p.a.5 years, paid monthly: 125 basis point increase to 2.90% p.a.5 years, paid quarterly: 125 basis point increase to 3.00% p.a.4 years, paid monthly: 125 basis point increase to 2.80% p.a.
Suncorp increased many of its term deposits this week by up to 125 basis points. Let's go over some of the most notable term deposit hikes this week. With another cash rate increase widely predicted to take place in June, could term deposits rise even further? Term deposit movement ramped up this week following the RBA's cash rate hike earlier this month.
