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  2. Term Deposits
  3. Australian Military Bank
  4. Investment Plus

Investment Plus

  • 2024 Award Winner
  • 3 months
  • Automatic maturity rollover
  • Joint application available
  • Maturity alert by email

Interest rate

3.50%

Maximum rate

4.80%

for 6 months

Investment Plus

  • 2024 Award Winner
  • 3 months
  • Automatic maturity rollover
  • Joint application available
  • Maturity alert by email

Interest rate

3.50%

Maximum rate

4.80%

for 6 months

RateCity says

"Secure your savings with this competitive term deposit. Enjoy automatic maturity rollover and the ability to pay your interest to another institution."

Pros and Cons

For Investment Plus

Benefits

  • Interest can be paid to other institution
  • Automatic maturity rollover
  • Maturity alert by email and phone
  • Winner of Best Term Deposit 6 Month 50 K, Best Term Deposit 12 Months 50 K, RateCity Gold Awards 2024

Drawbacks

    Australian Military Bank Rate Term Deposit overview

    For Investment Plus

    Features

    Min deposit

    $1,000

    Automatic maturity rollover

    Maturity alert by phone

    Maturity alert by email

    Joint application available

    Minimum age requirement

    Notice period to withdraw

    Is covered by government guarantee

    Target Market Determination
    Visit Australian Military Bank Ltd to view Target Market Determination.

    Interest

    Interest calculation frequency

    Daily

    Interest payment frequency options

    At Maturity, Annually

    Interest payment via other institution

    Interest payment method

    -

    Fees

    Account keeping fee

    $0

    Early withdrawal fee

    Rates

    TermRates on deposit of ($1,000 - $99,999,999)
    3 months3.50%
    4 months3.50%
    5 months3.50%
    6 months4.80%
    7 months4.80%
    8 months4.80%
    9 months4.80%
    10 months4.80%
    11 months4.80%
    1 year4.80%
    2 years3.95%
    3 years3.95%

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