Beyond Bank Australia INV - 36 Mth Trf Mthly
1 termFixed rate
Term deposits are a secure way to grow your money with a guaranteed interest rate for a fixed period with interest paid monthly.
- Minimum deposit
- $2,000
- Maximum deposit
- $5,000,000
- Terms offered
- 1
Rate a year, up to
For 3 years
Rates by term
| Term | Amount | Interest paid | Rate a year |
|---|---|---|---|
| 3 years | $2,000 to $50,000 | Monthly | 3.50% |
| 3 years | $50,000 to $200,000 | Monthly | 3.55% |
| 3 years | $200,000 to $5,000,000 | Monthly | 3.55% |
How it compares
Against the other 3 years term deposits we compare. Typical means the middle half of them.
3 years rate
3.55%
A typical 3 years rate is 4.25%.
Minimum deposit
$2,000
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. 3.55% 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.
- Rate a year
- 3.50%
- Minimum deposit
- $1,000
- Rate a year
- 3.65%
- Minimum deposit
- $1,000
- Rate a year
- 3.35%
- Minimum deposit
- $1,000
