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- Northern Inland
- Term Deposit
Term Deposit
- 3 months
- Automatic maturity rollover
- Joint application available
- Interest payment to other institution
Interest rate
3.50%
Maximum rate
4.50%
for 12 months
Term Deposit
- 3 months
- Automatic maturity rollover
- Joint application available
- Interest payment to other institution
Interest rate
3.50%
Maximum rate
4.50%
for 12 months
Pros and Cons
For Term Deposit
Benefits
- Interest can be paid to other institution
- Only 7 days notice to withdraw funds before maturity
- Automatic maturity rollover
- Early withdrawal available
Drawbacks
Northern Inland Rate Term Deposit overview
For Term Deposit
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
7
Is covered by government guarantee
Target Market Determination
Interest
Interest calculation frequency
Daily
Interest payment frequency options
At Maturity, Annually
Interest payment via other institution
Interest payment method
-
Fees
Account keeping fee
$0
Early withdrawal fee
Rates
Other Restrictions
Maximum cash withdrawal: $3000 (over counter). For larger amounts, please provide 24 hours notice. Counter withdrawal fee: $2.50