RateCity.com.au
  1. Home
  2. Term Deposits
  3. Bank of Sydney
  4. Term Deposits

Term Deposits

  • 1 month
  • Automatic maturity rollover
  • Joint application available
  • Maturity alert by email

Interest rate

1.25%

Maximum rate

5.10%

for 6 months

More detailsclick for more details

Term Deposits

  • 1 month
  • Automatic maturity rollover
  • Joint application available
  • Maturity alert by email

Interest rate

1.25%

Maximum rate

5.10%

for 6 months

More detailsclick for more details

RateCity says

"Earn interest on your savings with a term deposit that offers flexible investment terms, automatic rollover at maturity, and no account keeping fee."

Pros and Cons

For Term Deposits

Benefits

  • Only 8 days notice to withdraw funds before maturity
  • Automatic maturity rollover
  • Maturity alert by email

Drawbacks

  • Early withdrawal available with $30 fees
  • Interest cannot be paid to other institution

Bank of Sydney Rate Term Deposit overview

For Term Deposits

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

8

Is covered by government guarantee

Target Market Determination

Visit Bank Of Sydney Ltd to view Target Market Determination.

Interest

Interest Calculation Frequency

Daily

Interest Payment Frequency Options

At Maturity

Interest payment via other institution

Interest payment method

Direct Credit, Rollover on maturity

Fees

Account keeping fee

$0

Early withdrawal fee

$30

Rates

TermRates on deposit of ($1,000 - $1,000,000)
1 month1.25%
2 months1.50%
3 months4.80%
4 months4.00%
5 months4.00%
6 months5.10%
7 months4.95%
8 months4.95%
9 months5.10%
10 months4.80%
11 months4.80%
1 year5.00%

How to apply

If you'd like to apply for this term deposit or just get more information, follow the application process to speak to an Bank of Sydney mortgage specialist.More detailsclick for more details