Important disclosure
Term Deposit (12 months and less)
Max rate
5.00%
p.a
for 12 months
Min. deposit
$1,000
Max rate
5.00%
p.a
for 12 months
Min. deposit
$1,000
Pros and cons
For Term Deposit (12 months and less)
Benefits
- Automatic maturity rollover
Drawbacks
- Interest cannot be paid to other institution
- 31 days notice to withdraw funds before maturity and interest rate adjustment will apply to interest earned on funds
G&C Mutual Bank Rate Term deposit overview
For Term Deposit (12 months and less)
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 31 | Is covered by government guarantee |
Target Market Determination Visit G&C Mutual Bank Limited to view Target Market Determination. |
Interest
Interest Calculation Frequency Daily | |
Interest payment via other institution | Interest payment method Direct Credit, Rollover on maturity |
Fees
Account keeping fee $6 | Early withdrawal fee |
Rates
G&C Mutual Bank Limited term deposits rates
|
Promoted term deposits
Promoted
Personal Term Deposit (At Maturity)
special
Receive a loyalty bonusInterest rate
5.05%
p.a
for 6 months
Min. deposit
$1,000
Next rate increased
Max rate
5.35%
p.a
for 12 months
Promoted
Money Making Term Deposit
Interest rate
0.90%
p.a
for 1 month
Min. deposit
$5,000
Next rate increased
Max rate
3.85%
p.a
for 24 months