Finty
AMP Bank GO

AMP Bank GO 6 Month Term Deposit

1 termFixed rate

6 Month Term Deposit via the AMP Bank GO app

Written byDavid Boyd
Minimum deposit
$5,000
Maximum deposit
$10,000,000
Terms offered
1

Rate a year, up to

For 6 months

Open account

Rates by term

TermInterest paidRate a year
6 monthsAt maturity5.30%

Deposit amount on every term: $5,000 to $10,000,000.

How it compares

Against the other 6 months term deposits we compare. Typical means the middle half of them.

6 months rate

5.30%

A typical 6 months rate is 5.10%.

Minimum deposit

$5,000

A typical minimum is $2,000.

Pros and cons

Pros

  • A higher rate. 5.30% for 6 months, above the typical 5.10%, so your money earns more over the term.

Cons

  • Your money is locked in. Taking it out early usually needs 31 days' notice and earns less interest.

Similar term deposits

Term deposits from other banks that pay a similar rate for the same term.