Beyond Bank Australia INV - 6 Mth FMD Trf 6 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 6 months
Rates by term
| Term | Amount | Interest paid | Rate a year |
|---|---|---|---|
| 6 months | $2,000 to $50,000 | At maturity | 4.45% |
| 6 months | $50,000 to $200,000 | At maturity | 4.70% |
| 6 months | $200,000 to $800,000 | At maturity | 5.00% |
How it compares
Against the other 6 months term deposits we compare. Typical means the middle half of them.
6 months rate
5.00%
A typical 6 months rate is 5.10%.
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.
- Rate a year
- 5.00%
- Minimum deposit
- $5,000
- Rate a year
- 5.00%
- Minimum deposit
- $10,000
- Rate a year
- 5.00%
- Minimum deposit
- $1,000
