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- Term Deposit (12 months) (Annually)
Term Deposit (12 months) (Annually)
- 2024 Award Winner
- 12 months
- Joint application available
- Maturity alert by email
- Interest payment to other institution
Interest rate
4.90%
Maximum rate
4.90%
for 12 months
Term Deposit (12 months) (Annually)
- 2024 Award Winner
- 12 months
- Joint application available
- Maturity alert by email
- Interest payment to other institution
Interest rate
4.90%
Maximum rate
4.90%
for 12 months
Pros and Cons
For Term Deposit (12 months) (Annually)
Benefits
- Interest can be paid to other institution
- Maturity alert by email
- Winner of Best Term Deposit 12 Months 50 K, RateCity Gold Awards 2024
Drawbacks
- 31 days notice to withdraw funds before maturity and interest rate adjustment will apply to interest earned on funds
ING Rate Term Deposit overview
For Term Deposit (12 months) (Annually)
Features
Min deposit
$10,000
Automatic maturity rollover
Maturity alert by phone
Maturity alert by email
Joint application available
Minimum age requirement
18
Notice period to withdraw
31
Is covered by government guarantee
Target Market Determination
Interest
Interest calculation frequency
Daily
Interest payment frequency options
Annually, At Maturity
Interest payment via other institution
Interest payment method
-
Fees
Account keeping fee
$0