Finty
BankWAW

BankWAW Interest paid monthly 6-11 months <$25K

1 termFixed rate

A term deposit from BankWAW, paying up to 2.30% a year, with 1 term to choose from.

Minimum deposit
$5,000
Maximum deposit
Not published
Terms offered
1

Rate a year, up to

For 6–11 months

Open account

Rates by term

TermInterest paidRate a year
6–11 monthsMonthly2.30%

Deposit amount on every term: $5,000 to $25,000.

How it compares

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

6 months rate

2.30%

A typical 6 months rate is 5.10%.

Minimum deposit

$5,000

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. 2.30% for 6 months, below the typical 5.10%, 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.