Finty
BNK Bank (Goldfields Money/BCHL)

BNK Bank (Goldfields Money/BCHL) Stow It Term Deposit Account

12 termsFixed rate

We offer both a personal and business option and we pay a great rate to reward you for stashing your hard earned cash with us.

Written byDavid Boyd
Minimum deposit
$5,000
Maximum deposit
Not published
Terms offered
12

Rate a year, up to

For 9 months

Open account

Rates by term

TermInterest paidRate a year
1 monthAt maturity5.05%
2 monthsAt maturity5.05%
3 monthsAt maturity5.25%
4 monthsAt maturity5.30%
5 monthsAt maturity5.35%
6 monthsAt maturity5.35%
7 monthsAt maturity5.35%
8 monthsAt maturity5.35%
9 monthsAt maturity5.40%
10 monthsAt maturity5.40%
11 monthsAt maturity5.40%
1 yearAt maturity5.40%

Deposit amount on every term: From $5,000.

How it compares

Against the other 1 year term deposits we compare. Typical means the middle half of them.

1 year rate

5.40%

A typical 1 year rate is 5.25%.

Minimum deposit

$5,000

A typical minimum is $2,000.

Pros and cons

Pros

  • A higher rate. 5.40% for 1 year, above the typical 5.25%, so your money earns more over the term.
  • Plenty of terms. 12 terms to choose from, so you can match the term to when you'll need the money.

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.