Finty
bcu

bcu 55 Term Deposit - 36M 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
$5,000
Maximum deposit
$1,000,000
Terms offered
1

Rate a year, up to

For 3 years

Open account

Rates by term

TermInterest paidRate a year
3 yearsMonthly3.35%

Deposit amount on every term: $5,000 to $1,000,000.

How it compares

Against the other 3 years term deposits we compare. Typical means the middle half of them.

3 years rate

3.35%

A typical 3 years rate is 4.25%.

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. 3.35% for 3 years, below the typical 4.25%, 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.