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  4. Term Deposit Special

Term Deposit Special

  • 3 months
  • Automatic maturity rollover

Interest rate

4.70%

Maximum rate

5.00%

for 12 months

Term Deposit Special

  • 3 months
  • Automatic maturity rollover

Interest rate

4.70%

Maximum rate

5.00%

for 12 months

Pros and Cons

For Term Deposit Special

Benefits

  • Automatic maturity rollover

Drawbacks

  • Interest cannot be paid to other institution

Woolworths Team Bank Rate Term Deposit overview

For Term Deposit Special

Features

Min deposit

$2,000

Automatic maturity rollover

Maturity alert by phone

Maturity alert by email

Joint application available

Minimum age requirement

Notice period to withdraw

Is covered by government guarantee

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 ($2,000 - $99,999,999)
3 months4.70%
4 months4.70%
1 year5.00%

Other Restrictions

Available for new monies only