For over 55 years, G&C Mutual Bank has been committed to servicing the needs of government employees and the regional communities within which it operates. G&C Mutual Bank is a bank with a difference. The difference is that G&C Mutual Bank is owned by its customers (members) and everything we do is for the benefit of our customers, our owners. Every one of our customers is an owner with a voice and a say in our future. We make responsible, ethical decisions and then reinvest our profits to provide better products and services for our customers. We offer a full suite of financial solutions and offer trusted, personalised service which is why that makes us a more rewarding community bank for everybody.
G&C Mutual Bank term deposit interest calculator
G&C Mutual Bank Term Deposits rates
Next rate increased
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p.a for 3 months
Next rate increased
p.a for 6 months
p.a for 60 months
Automatic Maturity Rollover
Early Withdrawal Available
Is Covered By Government Guarantee
Joint Application Available
Maturity Alert By Email
Maturity Alert By Phone
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The term deposit rate is the agreed interest rate for your term deposit. It remains fixed for the term of the deposit.
For example, if you deposit $5,000 for 12 months at a 2.5 per cent term deposit rate, that 2.5 per cent term deposit rate will be fixed for the entire 12 months and won’t change until the term matures.
The term deposit rate is one of the most important factors to consider when comparing your term deposit options. The general rule of thumb is that the longer the term, the higher the term deposit rate.
Term deposits are a popular type of investment because they’re safe and provide reliable returns.
The return you get on your term deposit will be determined by the amount you initially invest, the amount of time you choose to invest it for, and the term deposit rate.