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- Term Deposits
- Coastline Credit Union
- Term Deposit
Term Deposit
- 3 months
- Automatic maturity rollover
Interest rate
3.90%
Maximum rate
4.50%
for 6 months
Term Deposit
- 3 months
- Automatic maturity rollover
Interest rate
3.90%
Maximum rate
4.50%
for 6 months
Pros and Cons
For Term Deposit
Benefits
- 12 month interest rate (for $50k deposit) ranked in the best 20%
- Only 1 days notice to withdraw funds before maturity
- Automatic maturity rollover
Drawbacks
- Interest cannot be paid to other institution
Coastline Credit Union Rate Term Deposit overview
For Term Deposit
Features
Min deposit
$50,000
Automatic maturity rollover
Maturity alert by phone
Maturity alert by email
Joint application available
Minimum age requirement
Notice period to withdraw
1
Is covered by government guarantee
Target Market Determination
Interest
Interest calculation frequency
Daily
Interest payment frequency options
At Maturity
Interest payment via other institution
Interest payment method
-
Fees
Account keeping fee
$0