Back to Blog
Don't Let Your Money Sleep: Get the Best P.A. in Australia
Investment Strategy
January 25, 2024
AU Rates Compare Team

Don't Let Your Money Sleep: Get the Best P.A. in Australia

Investment Strategy Maximize Returns Financial Planning Australia

Why Your Money Shouldn't Sleep

Many Australians keep their savings in low-interest accounts earning less than 1% P.A. With fixed term deposits offering rates up to 9.25% P.A., letting your money sit idle is costing you thousands of dollars in potential returns.

The Cost of Inaction

Consider this example:

  • $100,000 at 0.5% P.A.: $500 per year
  • $100,000 at 8.5% P.A.: $8,500 per year
  • Difference: $8,000 per year in lost returns

Over a 3-year term, that's $24,000 in additional returns you could be earning!

Making Your Money Work

Fixed term deposits are the perfect solution for making your money work harder:

  • Guaranteed Returns: No market volatility or risk
  • Government Protection: Up to $250,000 per account holder
  • Competitive Rates: Current rates are at 8-year highs
  • Flexible Terms: Choose from 6 months to 5 years

Getting Started

Ready to maximize your returns? Follow these steps:

  1. Assess Your Situation: Determine how much you can invest and for how long
  2. Compare Rates: Use our comparison service to find the best rates
  3. Choose Your Term: Longer terms typically offer higher rates
  4. Lock It In: Secure your rate before they decline

Time-Sensitive Opportunity

The RBA is expected to lower rates in 2025. Every day you wait is money left on the table. Current rates won't last forever - secure your premium rate now and enjoy guaranteed returns for years to come.

Take Action Today

Don't let another day pass with your money earning minimal returns. Compare rates from Australia's leading financial institutions and secure the best P.A. available. Your future self will thank you.