Finty
bcu

bcu 11 Month Term Deposit - Mthly

1 termFixed rate

Take control of your investment with a term deposit from BCU Bank, offering a guaranteed rate of return and a high level of security.

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

Rate a year, up to

For 11 months

Open account

Rates by term

TermInterest paidRate a year
11 monthsMonthly3.90%

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

How it compares

Against the other 11 months term deposits we compare. Typical means the middle half of them.

11 months rate

3.90%

A typical 11 months rate is 4.25%.

Minimum deposit

$1,000

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

  • 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.