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- Term Deposits
- Suncorp Bank
- Flexirates
Flexirates
- 1 month
- Automatic maturity rollover
Interest rate
1.05%
Maximum rate
4.70%
for 12 months
Flexirates
- 1 month
- Automatic maturity rollover
Interest rate
1.05%
Maximum rate
4.70%
for 12 months
Pros and Cons
For Flexirates
Benefits
- Only 1 days notice to withdraw funds before maturity
- Automatic maturity rollover
Drawbacks
- Interest cannot be paid to other institution
Suncorp Bank Rate Term Deposit overview
For Flexirates
Features
Min deposit
Automatic maturity rollover
Maturity alert by phone
Maturity alert by email
Joint application available
Minimum age requirement
Notice period to withdraw
1
Is covered by government guarantee
Target Market Determination
Visit Suncorp Group Limited to view Target Market Determination.
Interest
Interest calculation frequency
Daily
Interest payment frequency options
At Maturity
Interest payment via other institution
Interest payment method
-
Fees
Account keeping fee
$0
Early withdrawal fee
Rates
TermRates on deposit of ($0 - $1,000,000)
1 month1.05%
2 months1.65%
3 months4.20%
4 months2.90%
5 months3.20%
6 months4.60%
7 months3.50%
8 months3.45%
9 months4.15%
10 months3.60%
11 months3.65%
1 year4.70%
