Identify the amount of interest you’ll earn on your savings over a specific period of time, which will help you plan for the future.
Compare multiple interest rates and term deposits to find the most lucrative option for your needs.
Predict how long it will take you to reach a specific savings goal (for example, a wedding or a holiday).
1. Enter your starting balance in the first box.
2. Enter your interest rate in the second box.
3. Using the drop-down menu, select the compound frequency (monthly or yearly).
4. In the final box, enter the number of years you expect to hold the term deposit.