Fixed Term Deposit (interest paid monthly)
With a Fixed Term Deposit (interest paid monthly) you can lock away deposits over $1,000 for a period up to 12 months, and receive the interest earned each month.
There are several options based on the amount you wish to deposit and the length of time you would like to invest.
If you don’t mind waiting until your term is up to receive your interest, you might like to consider a Fixed Term Deposit with interest at maturity for more competitive rates.
Features
- No monthly service fees
- Terms up to 12 months
- Locked in interest rate on your savings account for a specific period of time
- Minimum deposit of only $1,000
- Interest paid monthly
- Covered by the Australian Government Deposit Guarantee Scheme
| Term | Interest rate |
|---|---|
|
3-5 month term, balances less than $5,000
|
0.95.
|
|
6-11 month term, balances less than $5,000
|
0.90.
|
|
12 month term, balances less than $5,000
|
1.20.
|
|
3-5 month term, balances $5,000 – $1 million
|
2.05.
|
|
6-11 month term, balances $5,000 – $1 million
|
2.00.
|
|
12 month term, balances $5,000 – $1 million
|
2.30.
|
|
Any term, balances over $1 million
|
Please contact us.
|
Rates effective 13 December 2018. |
|
| Annual fee | Amount |
|---|---|
|
Monthly fee
|
$0
|
| Early redemption fee applies. | |
Please be aware that interest rates may change at any time without agreement. All interest rates quoted are per annum and are calculated on a tiered basis with interest paid on the entire balance at the applicable tiered interest rate. Fees and charges are payable. Terms and conditions apply and are available on request.
Before acquiring this product, the information above should be read in conjunction with the following documents to determine if it is right for you: Personal Savings and Transaction Accounts, Fees and Charges, Deposit Interest Rates, and Account and Access Facility Conditions of Use.
Note: Rates above are available for interest paid monthly for aged pensioners and self-funded retirees with the exception of the Special Fixed Term Deposit Interest Rate. Eligibility will be confirmed on application.
Interest Rate
