Finty
Central West Credit Union

Central West Credit Union $5000+ (12m - 24m) I15

2 termsFixed rate

A fixed term deposit lets you earn a competitive interest rate on your money, over a set period of time.

Minimum deposit
$5,000
Maximum deposit
Not published
Terms offered
2

Rate a year, up to

For 365–547 days

Open account

Rates by term

TermAmountInterest paidRate a year
365–547 days$5,000 to $50,000At maturity4.90%
12–17 months$5,000 to $50,000At maturity4.90%
12–17 months$5,000 to $50,000Monthly4.90%
12–17 months$5,000 to $50,000Quarterly4.90%
12–17 months$5,000 to $50,000Every 6 months4.90%
12–17 months$5,000 to $1,500,000Yearly4.90%
12–17 months$50,000 to $1,500,000At maturity4.90%
12–17 months$50,000 to $1,500,000Monthly4.90%
12–17 months$50,000 to $1,500,000Quarterly4.90%
12–17 months$50,000 to $1,500,000Every 6 months4.90%

How it compares

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

1 year rate

4.90%

A typical 1 year rate is 5.25%.

Minimum deposit

$5,000

A typical minimum is $2,000.

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.