Fixed deposits are ideal if you want to know how much interest you will receive and when. By locking into a specific rate for a predetermined timeframe, you gain the assurance that you are guaranteed to receive a fixed amount of interest on a set date.
Additionally, fixed deposits can be one of the most effective ways to maximise your return. When interest rate cycles turn and positive yield curves return to prevalence, opportunities for higher interest rates will appear for those who are prepared to fix their funds for longer timeframes.
Fixed deposits are available in most major currencies and timeframes range from one week to one year.
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Discover more about how fixed deposits can improve your returns while providing reassurance that your rate and interest amount are locked in.
