9 Month Term Deposit Rates Compared

A lot can happen in nine months, that’s why you need to be sure that a nine month term investment is the right option for you because it is a long time to be without your investment and you don’t want to be penalised for dipping into your fund early, perhaps this is why the interest rates on nine month term deposits are not always as attractive?

Not that the interest rates for a nine month term deposit are unattractive, but some banks will offer the same interest rate for a nine month investment as they do for a six month term, while others will even offer a lower interest rate on their nine month terms than on their three or six month investments. Therefore, use the Savings Account Finder™ comparison tables to find the interest rate which suits you, or find out more about some of the best nine month term deposit accounts below.

Featured Term Deposit Rates

Term Deposit	1 Month	3 Month	4 Month	6 Month	12 Month	24 Month	36 Month	60 Month	Min Deposit
RaboDirect Term Deposit	4.00%	5.10%	5.10%	5.40%	5.45%	5.10%	5.30%	6.00%	$1000
St.George Term Deposit	2.55%	3.25%	5.05%	5.05%	5.05%	5.10%	5.20%	5.50%	$5000
UBank Term Deposits (online)	3.36%	5.21%	5.21%	5.61%	5.41%				$1000

How You Can Benefit From a Nine Month Term Deposit

What else can be put away for nine months and brought out bigger and better? That’s right, a nine month term deposit is a great way to put money aside if you are expecting a baby, but a lot of other things can happen in nine months which would allow you to benefit from a nine month term deposit.

Can you benefit from a nine month term deposit:

• Preparing for a newborn. Everyone knows babies are expensive, but from the moment you announce you are expecting, and sometimes even before you’ve made the announcement, friends and family will not be able to resist buying you all of the cute, cuddly and essential things you need for the arrival of your newest family member. Therefore, why not invest your own baby-funds in a nine month term deposit account and if, when baby arrives there is something which your friends and family didn’t buy you, you can buy it then, or simply use the money for more nappies, formula, wipes, dummies…
• Do you have money left over from your house deposit? Firstly lucky you, and secondly the costs of your house don’t stop just because you’ve signed the contract and the slab has gone down. If you’re building a house there are going to be landscaping and furnishing costs when the house is finished (in around nine months time) not to mention a house warming party to pay for. Therefore, if you have funds left over which weren’t needed in your loan deposit, put them into a term deposit account so you’re not tempted to spend them before you need to buy that new couch or pay for those gorgeous tiles, but the funds will be there when you’re ready to move in.