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  4. Personal Term Deposit (Monthly)

Personal Term Deposit (Monthly)

  • 6 months
  • Automatic maturity rollover
  • Joint application available
  • Maturity alert by email

Interest rate

4.75%

Maximum rate

5.00%

for 6 months

Personal Term Deposit (Monthly)

  • 6 months
  • Automatic maturity rollover
  • Joint application available
  • Maturity alert by email

Interest rate

4.75%

Maximum rate

5.00%

for 6 months

Pros and Cons

For Personal Term Deposit (Monthly)

Benefits

  • No account keeping fees
  • Interest can be paid to other institution
  • Automatic maturity rollover
  • Maturity alert by email and phone

Drawbacks

  • 31 days notice to withdraw funds before maturity and interest rate adjustment will apply to interest earned on funds

Judo Bank Rate Term Deposit overview

For Personal Term Deposit (Monthly)

Features

Min deposit

$1,000

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

Visit Judo Bank Pty Ltd to view Target Market Determination.

Interest

Interest calculation frequency

Daily

Interest payment frequency options

Monthly

Interest payment via other institution

Interest payment method

Direct Credit

Fees

Account keeping fee

$0

Early withdrawal fee

Rates

TermRates on deposit of ($1,000 - $1,000,000)
3 months4.75%
6 months5.00%
9 months5.00%
1 year5.00%
2 years4.75%
3 years4.75%
4 years4.75%
5 years4.75%

Promoted term deposit products

Judo Bank Pty Ltd

Personal Term Deposit (At Maturity)

Real Time Rating™

  • 6 months

  • Automatic maturity rollover

  • Joint application available

  • Maturity alert by email

2024 Award Winner

Interest rate

5.10%

for 6 months

Min deposit

$1,000

Next rate increased

5.10%

for 6 months

Maximum rate

5.10%

for 6 months

Rabobank Australia

Term Deposit

Real Time Rating™

  • 1 month

  • Automatic maturity rollover

  • Joint application available

Interest rate

2.00%

for 1 month

Min deposit

$1,000

Next rate increased

4.80%

for 3 months

Maximum rate

4.90%

for 60 months

Unity Bank Limited

Term Deposits

Real Time Rating™

  • 3 months

  • Automatic maturity rollover

  • Joint application available

  • Maturity alert by email

Interest rate

3.50%

for 3 months

Min deposit

$1,000

Next rate increased

4.10%

for 6 months

Maximum rate

4.80%

for 12 months

Heritage Bank, a trading name of Heritage and People’s Choice Limited

Term Deposit

Real Time Rating™

  • 1 month

  • Automatic maturity rollover

  • Joint application available

  • Maturity alert by email

Interest rate

1.25%

for 1 month

Min deposit

$1,000

Next rate increased

1.50%

for 2 months

Maximum rate

4.90%

for 6 months

product data updated on

Product data updated on 19 Apr 2024