The key difference between a term deposit and a savings account is that you cannot access your money during the agreed term, unless you. Your money is invested for an agreed period of time (usually 6, 12, 24 or 36 months) and you receive a fixed interest rate over that time. You can easily change the sort order of the products displayed on the page. What are Term Deposits Term deposits are a type of savings account. 'Mozo sort order' refers to the initial sort order and is not intended in any way to imply that particular products are better than others. 'Sponsored', 'Hot deal' and 'Featured Product' labels denote products where the provider has paid to advertise more prominently. We are proud of the tools and information we provide and unlike some other comparison sites, we also include the option to search all the products in our database, regardless of whether we have a commercial relationship with the providers of those products or not. You do not pay any extra for using our service.
As a marketplace business, we do earn money from advertising and this page features products with Go To Site links and/or other paid links where the provider pays us a fee if you go to their site from ours, or you take out a product with them. Our goal at Mozo is to help you make smart financial decisions and our award-winning comparison tools and services are provided free of charge.
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