BankVic Term Deposit 8 Months
1 termFixed rate
Invest with peace of mind knowing your rate is locked in for the term
- Minimum deposit
- $5,000
- Maximum deposit
- Not published
- Terms offered
- 1
Rate a year, up to
For 8 months
Rates by term
| Term | Interest paid | Rate a year |
|---|---|---|
| 8 months | At maturity | 4.70% |
Deposit amount on every term: $5,000 to $10,000,000.
How it compares
Against the other 8 months term deposits we compare. Typical means the middle half of them.
8 months rate
4.70%
A typical 8 months rate is 4.30%.
Minimum deposit
$5,000
A typical minimum is $2,000.
Pros and cons
Pros
Nothing stands out.
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.
- Rate a year
- 4.65%
- Minimum deposit
- $1,000
- Rate a year
- 4.65%
- Minimum deposit
- $5,000
- Rate a year
- 4.50%
- Minimum deposit
- Not published
