Which is a better option of the two: short-term savings or a notice deposit account?
This will depend on your personal circumstances. We recommend that you speak to a certified financial planner or a consultant at your bank.
Can I invest a lump sum but get paid out some interest on a regular basis?
There are investment products that allow you to do this. You are advised to speak to a certified financial planner and to seek advice on the financial products that are best for you.