Finty
bcu

bcu 24 Month Term Deposit - Qrtly

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.

Minimum deposit
$1,000
Maximum deposit
$1,000,000
Terms offered
1

Rate a year, up to

For 2 years

Open account

Rates by term

TermInterest paidRate a year
2 yearsQuarterly3.37%

Deposit amount on every term: $1,000 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

3.37%

A typical 2 years rate is 4.50%.

Minimum deposit

$1,000

A typical minimum is $2,000.

Pros and cons

Pros

Nothing stands out.

Cons

  • A lower rate. 3.37% for 2 years, below the typical 4.50%, 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.