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ItsLaterThanYouThink

Term deposits for non-permanent residents?

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Hi folks, Been in Oz for a few weeks now, on a TSS visa. Hoping to get permanent residency, but it won't be for a while. Meanwhile, I was hoping to put some savings in a term deposit here, but each one I check out seems only to be available to citizens or permanent residents. Anyone know of any bank offering term deposits paying reasonable interest rates that are available to those of us on temporary work visas?

Thanks in advance for any help you can give.

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Just stick it in a UBank saver account and follow the rule deposit $200 a month @ 1.85 % 

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Term deposit interest rates are so low, it's not worth worrying about.  Like Samson says, look at Ubank or one of the other Saver accounts. 

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