Border Bank Term Deposit
13 termsFixed rate
Bank of Border Bank Investment Accounts are designed to make your money work as hard for you as you worked to get it. With terms of 3, 4, 5, 6, 7, 9, 12, 36, 48 and 60 months – interest paid at maturity, 6 months or every month – a Border Bank Term Deposit is as flexible as you require it to be.
- Minimum deposit
- Not published
- Maximum deposit
- Not published
- Terms offered
- 13
Rate a year, up to
For 4 months
Rates by term
| Term | Amount | Interest paid | Rate a year |
|---|---|---|---|
| 2 months | $20,000 to $500,000 | At maturity | 1.40% |
| 3 months | $1,000 to $10,000 | At maturity | 4.30% |
| 3 months | $1,000 to $10,000 | Monthly | 4.25% |
| 3 months | $10,000 to $500,000 | At maturity | 4.30% |
| 3 months | $10,000 to $500,000 | Monthly | 4.25% |
| 4 months | $10,000 to $500,000 | At maturity | 5.25% |
| 5 months | $10,000 to $500,000 | At maturity | 4.30% |
| 6 months | $10,000 to $500,000 | At maturity | 4.85% |
| 6 months | $10,000 to $500,000 | Monthly | 4.80% |
| 7 months | $10,000 to $500,000 | At maturity | 4.65% |
| 9 months | $10,000 to $500,000 | At maturity | 5.25% |
| 9 months | $10,000 to $500,000 | Monthly | 5.20% |
| 1 year | $10,000 to $500,000 | At maturity | 5.00% |
| 1 year | $10,000 to $500,000 | Monthly | 4.95% |
| 2 years | $10,000 to $500,000 | Every 6 months | 4.60% |
| 2 years | $10,000 to $500,000 | Monthly | 4.55% |
| 30 months | $20,000 to $500,000 | Monthly | 1.10% |
| 3 years | $10,000 to $500,000 | Every 6 months | 4.20% |
| 3 years | $10,000 to $500,000 | Monthly | 4.15% |
| 4 years | $10,000 to $500,000 | Every 6 months | 4.20% |
| 4 years | $10,000 to $500,000 | Monthly | 4.15% |
| 5 years | $10,000 to $500,000 | Every 6 months | 4.20% |
| 5 years | $10,000 to $500,000 | Monthly | 4.15% |
How it compares
Against the other 1 year term deposits we compare. Typical means the middle half of them.
1 year rate
5.00%
A typical 1 year rate is 5.25%.
Pros and cons
Pros
- Monthly interest. You can have interest paid each month, which suits living off the interest.
- Plenty of terms. 13 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.
- Rate a year
- 5.00%
- Minimum deposit
- $5,000
- Rate a year
- 5.00%
- Minimum deposit
- $5,000
- Rate a year
- 5.00%
- Minimum deposit
- Not published
