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- Term Deposits
- Regional Australia Bank
- Term Savings
Term Savings
- 1 month
- Automatic maturity rollover
- Interest payment to other institution
Interest rate
1.50%
Maximum rate
5.00%
for 12 months
Term Savings
- 1 month
- Automatic maturity rollover
- Interest payment to other institution
Interest rate
1.50%
Maximum rate
5.00%
for 12 months
Pros and Cons
For Term Savings
Benefits
- Interest can be paid to other institution
- Only 7 days notice to withdraw funds before maturity
- Automatic maturity rollover
Drawbacks
Regional Australia Bank Rate Term Deposit overview
For Term Savings
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
Visit Regional Australia Bank to view Target Market Determination.
Features
Interest
Interest Calculation Frequency
Daily
Interest Payment Frequency Options
At Maturity
Interest payment via other institution
Interest payment method
-
Interest
Fees
Account keeping fee
$0
Early withdrawal fee
-
Fees
Rates
TermRates on deposit of ($1,000 - $500,000)
1 month1.50%
2 months1.75%
3 months3.60%
4 months4.50%
6 months4.60%
9 months4.65%
1 year5.00%
2 years4.00%
3 years3.90%
4 years3.90%
5 years3.80%
Rates