Finty
Cairns Bank

Cairns Bank Term deposits 12mths over $500,000 mthly interest

6 termsFixed rate

Cairns Bank term deposits pay a fixed rate of interest for a fixed term with interest paid monthly.

Minimum deposit
Not published
Maximum deposit
Not published
Terms offered
6

Rate a year, up to

For 365–729 days

Open account

Rates by term

TermInterest paidRate a year
365–729 daysMonthly5.00%
12–23 monthsMonthly5.00%
730–1094 daysMonthly4.75%
24–35 monthsMonthly4.75%
1095–1096 daysMonthly3.75%
3 yearsMonthly3.75%

Deposit amount on every term: $1,000 to $1,000,000.

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.

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.