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This is an information service. By browsing on the website and/or using our search tools, you are asking RateCity to provide you with information about Term Deposits from multiple financial institutions. We will try to show you a range of products in response to your request for information. The search results do not include all providers, for further details refer to our FSCG. We are not a credit provider, and in giving you product information we are not making any suggestion or recommendation to you about a particular credit product. If you decide to apply for a Term Deposit, you will deal directly with a financial institution, and not with RateCity.

nab term deposits provide you with a secure investment and the comfort of a fixed return. nab term deposits require an opening deposit of $1000. You can choose the frequency of when you would like your interest to be paid: monthly, quarterly, half yearly, or annually. nab has also introduced a “trade up” feature for their term deposits, allowing you to benefit from an interest hike if a rate rise occurs during your savings term.

Compare term deposit products by highest rate.

Product Details

Company
nab
Nominal Rate
5%
Effective Rate
5.08%
Payment Frequency
At Maturity
Maturity Alert
Mail Phone
Partial Withdrawal Penalty
No
Compounding Interest
No
Updating your preferences

Product Features

Automatic rollover y

Whether your term deposit account will automatically roll over to a new account with the same term once it reaches maturity if you do not instruct otherwise

Partial withdrawal n

Partial withdrawal permitted: If this account allows customers to partially redraw on their account without being penalized.

Int paid via other institution y

Whether the interest dividend can be paid into an account held with another financial instituion

Go to Site
Balance
Month
Amount Invested
$50000
Interest Earned
$50000
Months Elapsed
The graph above displays total estimated interest earned based on the requested deposit frequency and parameters entered.
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