News Archive

2011

2010

2009

2008

2007

2006

2005

2004

Savings for a home loan deposit

Friday September 5, 2008

High interest savings accounts can be great when saving for home loan deposits, with online savings accounts offering some of the best value. While a term deposit can provide more than high interest savings accounts in terms of interest earned, a term deposit restricts how quickly you can use your money. This could be disadvantageous if you want to be ready to benefit from changing housing market conditions, as you will be unable to act as quickly as you would like.

Please visit our comparison page if you would like to compare savings and high interest accounts and browse our site to read more about savings accounts.


Back to News Index | Back to Home