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- Term Deposits
- Bank First
- 1 Year Regular Income
1 Year Regular Income
- 12 months
- Automatic maturity rollover
- Joint application available
- Maturity alert by email
Interest rate
4.65%
Maximum rate
4.65%
for 12 months
1 Year Regular Income
- 12 months
- Automatic maturity rollover
- Joint application available
- Maturity alert by email
Interest rate
4.65%
Maximum rate
4.65%
for 12 months
Pros and Cons
For 1 Year Regular Income
Benefits
- Interest can be paid to other institution
- Automatic maturity rollover
- Maturity alert by email
Drawbacks
- 31 days notice to withdraw funds before maturity and interest rate adjustment will apply to interest earned on funds
Bank First Rate Term Deposit overview
For 1 Year Regular Income
Features
Min deposit
$5,000
Automatic maturity rollover
Maturity alert by phone
Maturity alert by email
Joint application available
Minimum Age Requirement
-
Notice period to withdraw
31
Is covered by government guarantee
Target Market Determination
Visit Bank First - Victoria Teachers Limited to view Target Market Determination.
Features
Interest
Interest Calculation Frequency
Daily
Interest Payment Frequency Options
Monthly
Interest payment via other institution
Interest payment method
Direct Credit, Rollover on maturity
Interest
Fees
Account keeping fee
$0
Early withdrawal fee
-
Fees
Rates
TermRates on deposit of ($5,000 - $99,999,999)
1 year4.65%
Rates