Finty
Arab Bank Australia

Arab Bank Australia USD Term Deposit (Monthly)

6 termsFixed rate

Competitive United States Dollars (USD) short term investments.

Written byDavid Boyd
Minimum deposit
Not published
Maximum deposit
Not published
Terms offered
6

Rate a year, up to

For 1 month

Open account

Rates by term

TermAmountInterest paidRate a year
1 monthUp to $1,999At maturity0.05%
1 month$2,000 to $9,999At maturity0.05%
1 month$10,000 to $49,999At maturity0.25%
1 month$50,000 to $99,999At maturity0.25%
1 month$100,000 to $250,000At maturity0.25%
2 monthsUp to $1,999At maturity0.05%
2 months$2,000 to $9,999At maturity0.05%
2 months$10,000 to $49,999At maturity0.25%
2 months$50,000 to $99,999At maturity0.25%
2 months$100,000 to $250,000At maturity0.25%
3 monthsUp to $1,999At maturity0.05%
3 months$2,000 to $9,999At maturity0.05%
3 months$10,000 to $49,999At maturity0.25%
3 months$50,000 to $99,999At maturity0.25%
3 months$100,000 to $250,000At maturity0.25%
4 monthsUp to $1,999At maturity0.05%
4 months$2,000 to $9,999At maturity0.05%
4 months$10,000 to $49,999At maturity0.25%
4 months$50,000 to $99,999At maturity0.25%
4 months$100,000 to $250,000At maturity0.25%
5 monthsUp to $1,999At maturity0.05%
5 months$2,000 to $9,999At maturity0.05%
5 months$10,000 to $49,999At maturity0.25%
5 months$50,000 to $99,999At maturity0.25%
5 months$100,000 to $250,000At maturity0.25%
6 monthsUp to $1,999At maturity0.05%
6 months$2,000 to $9,999At maturity0.05%
6 months$10,000 to $49,999At maturity0.25%
6 months$50,000 to $99,999At maturity0.25%
6 months$100,000 to $250,000At maturity0.25%

How it compares

Against the other 1 months term deposits we compare. Typical means the middle half of them.

1 months rate

0.25%

A typical 1 months rate is 1.42%.

Pros and cons

Pros

  • Plenty of terms. 6 terms to choose from, so you can match the term to when you'll need the money.

Cons

  • A lower rate. 0.25% for 1 months, below the typical 1.42%, so you'd likely earn more elsewhere.
  • 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.