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Term Deposit

  • 2024 Award Winner
  • 1 month
  • Automatic maturity rollover
  • Joint application available
  • Maturity alert by email

Interest rate

4.25%

Maximum rate

5.00%

for 6 months

Term Deposit

  • 2024 Award Winner
  • 1 month
  • Automatic maturity rollover
  • Joint application available
  • Maturity alert by email

Interest rate

4.25%

Maximum rate

5.00%

for 6 months

Pros and Cons

For Term Deposit

Benefits

  • Interest can be paid to other institution
  • Automatic maturity rollover
  • Maturity alert by email and phone
  • Winner of Best Term Deposit 3 Month 50 K, RateCity Gold Awards 2024

Drawbacks

    Firstmac Rate Term Deposit overview

    For Term Deposit

    Features

    Min deposit

    $5,000

    Automatic maturity rollover

    Maturity alert by phone

    Maturity alert by email

    Joint application available

    Minimum Age Requirement

    18

    Notice period to withdraw

    -

    Is covered by government guarantee

    Target Market Determination

    Visit loans.com.au Pty Ltd (Firstmac) 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

    -

    Rates

    TermRates on deposit of ($5,000 - $5,000,000)
    1 month4.25%
    2 months4.55%
    3 months4.80%
    6 months5.00%
    1 year4.95%
    2 years4.50%

    Other Restrictions

    The minimum early redemption amount is $500.

    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 Firstmac mortgage specialist.