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- Term Deposits
- P&N Bank
- & Retirement Term Deposit
& Retirement Term Deposit
- 3 months
- Automatic maturity rollover
- Joint application available
- Interest payment to other institution
Interest rate
4.65%
Maximum rate
4.65%
for 3 months
& Retirement Term Deposit
- 3 months
- Automatic maturity rollover
- Joint application available
- Interest payment to other institution
Interest rate
4.65%
Maximum rate
4.65%
for 3 months
Pros and Cons
For & Retirement Term Deposit
Benefits
- Interest can be paid to other institution
- Automatic maturity rollover
Drawbacks
P&N Bank Rate Term Deposit overview
For & Retirement Term Deposit
Features
Min deposit
$5,000
Automatic maturity rollover
Maturity alert by phone
Maturity alert by email
Joint application available
Minimum age requirement
55
Notice period to withdraw
Is covered by government guarantee
Target Market Determination
Visit P&N Bank to view Target Market Determination.
Interest
Interest calculation frequency
Daily
Interest payment frequency options
At Maturity
Interest payment via other institution
Interest payment method
Cheque, Direct Credit, Rollover on maturity
Fees
Account keeping fee
$0
Early withdrawal fee
Rates
TermRates on deposit of ($5,000 - $1,000,000)
3 months4.65%
