Learn more about term deposits in our helpful guides and information section.
| Term | Investment rate |
| 3 months | 3.00% p.a. |
| 6 months | 3.30% p.a. |
| 12 months | 3.50% p.a. |
> Interest is calculated on a daily basis and paid at maturity. Interest can be paid to a nominated account monthly.
For deposits of 6 months and over, interest can be compounded quarterly.
> Investors are advised of their options prior to maturity.
> Maximum deposit $150,000 per member.
> Minimum deposit is $1,000
> These are indicative rates only and may be subject to change without notice.
> Where a term deposit is withdrawn prior to the maturity date, the applicable interest rate will be that equivalent to the term that has run since investment, less 1%.
e.g. Original investment 12 months - deposit withdrawn after 7 months, 6 months rate applies less 1%. The interest rate will not reduce below 0%.
Early withdrawals will only be considered for genuine hardship.
Helpful Guides and Information
Looking at investing in your future and earn high interest on your savings as you do? Whether you are saving for a car, holiday, a home or retirement, a Term Deposit investment is an easy, risk-free way to earn great rates on your savings. Find out what a Term Deposit investment is, how it works, and why it could be the perfect way for you to invest.
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Credit Unions currently offer some of the highest returns on investment, but what does this mean for you, your savings, and the return you can expect to receive from a Term Deposit? Read on to find out what these rates mean for you, and how much you can expect to make with the high fixed rate of a Term Deposit Investment.
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