Choose your investment term
Interest calculated daily
Interest paid at regular intervals or on maturity
Interest paid to any account of your choice
You are advised of your options prior to maturity, including reinvesting for a further term
Learn more about term deposits in our helpful guides and information section.
| Term | Investment rate |
| 3 months | 0.30% p.a. |
| 6 months | 0.70% p.a. |
| 12 months | 0.70% 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 $100,000 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 Where a term deposit is withdrawn prior to the maturity date, the break rate fee will be the agreed Term Deposit Interest Rate at time of application less the Term Deposit Break Rate.
The current maximum break rate to be applied is 1%
e.g. Original investment 12 months 3.5% less 1% leaving 2.5% as the interest rate applied.
Early withdrawals will only be considered for genuine hardship.
Effective date: 24th September 2021
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.
More on 'What is a Term Deposit & how does it work?'
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.
More on 'What investment return can I expect on a Term Deposit?
