Finty
Broken Hill Bank

Broken Hill Bank FTD - 2 to 5 Months

4 termsFixed rate

Broken Hill Bank Term Deposits Can Help You With Your Savings Goal, Put Any Extra Cash To Work While You Decide What To Do With It, Or Be A Helpful Place To Park Returns From Investments. We Have A Range Of Term Deposit Options To Suit Your Needs.

Minimum deposit
$5,000
Maximum deposit
Not published
Terms offered
4

Rate a year, up to

For 2 months

Open account

Rates by term

TermInterest paidRate a year
2 monthsAt maturity3.25%
3 monthsAt maturity3.25%
4 monthsAt maturity3.25%
5 monthsAt maturity3.25%

Deposit amount on every term: $5,000 to $500,000.

How it compares

Against the other 2 months term deposits we compare. Typical means the middle half of them.

2 months rate

3.25%

A typical 2 months rate is 1.65%.

Minimum deposit

$5,000

A typical minimum is $2,000.

Pros and cons

Pros

  • A higher rate. 3.25% for 2 months, above the typical 1.65%, so your money earns more over the term.

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.