- Home
- Term Deposits
- BCU Bank
- 55 Plus Investments
55 Plus Investments
- 6 months
- Automatic maturity rollover
- Joint application available
- Interest payment to other institution
Interest rate
4.60%
Maximum rate
4.70%
for 6 months
55 Plus Investments
- 6 months
- Automatic maturity rollover
- Joint application available
- Interest payment to other institution
Interest rate
4.60%
Maximum rate
4.70%
for 6 months
Pros and Cons
For 55 Plus Investments
Benefits
- Interest can be paid to other institution
- Only 7 days notice to withdraw funds before maturity
- Automatic maturity rollover
Drawbacks
BCU Bank Rate Term Deposit overview
For 55 Plus Investments
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
7
Is covered by government guarantee
Target Market Determination
Interest
Interest calculation frequency
Daily
Interest payment frequency options
Monthly
Interest payment via other institution
Interest payment method
-
Fees
Account keeping fee
$0