Finty
BankWAW

BankWAW Interest paid monthly 24 months >$25K

1 termFixed rate

A term deposit from BankWAW, paying up to 3.65% a year, with 1 term to choose from.

Written byDavid Boyd
Minimum deposit
$25,000
Maximum deposit
Not published
Terms offered
1

Rate a year, up to

For 2 years

Open account

Rates by term

TermInterest paidRate a year
2 yearsMonthly3.65%

Deposit amount on every term: $25,000 to $1,000,000.

How it compares

Against the other 2 years term deposits we compare. Typical means the middle half of them.

2 years rate

3.65%

A typical 2 years rate is 4.50%.

Minimum deposit

$25,000

A typical minimum is $2,000.

Pros and cons

Pros

  • Monthly interest. You can have interest paid each month, which suits living off the interest.

Cons

  • A lower rate. 3.65% for 2 years, below the typical 4.50%, so you'd likely earn more elsewhere.
  • A higher minimum. You need at least $25,000, more than the typical $2,000.
  • 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.