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- Term Deposit
Term Deposit
- 2024 Award Winner
- 6 months
- 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
- 6 months
- 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
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
Other Restrictions
The minimum early redemption amount is $500.