Finty
Beyond Bank Australia

Beyond Bank Australia INV - 3 Mth FMD Trf 3 Mthly

1 termFixed rate

Farm Management Deposit Accounts are fixed term accounts that allows primary producers to set aside pre-tax income in profitable years to establish cash reserves to help meet costs in low-income years when they need it most.

Minimum deposit
$2,000
Maximum deposit
$800,000
Terms offered
1

Rate a year, up to

For 3 months

Open account

Rates by term

TermAmountInterest paidRate a year
3 months$2,000 to $50,000At maturity3.85%
3 months$50,000 to $200,000At maturity4.10%
3 months$200,000 to $800,000At maturity4.30%

How it compares

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

3 months rate

4.30%

A typical 3 months rate is 4.30%.

Minimum deposit

$2,000

A typical minimum is $2,000.

Pros and cons

Pros

Nothing stands out.

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.