Central West Credit Union $5000+ (12m - 24m) I4
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 12–17 months
Rates by term
| Term | Amount | Interest paid | Rate a year |
|---|---|---|---|
| 12–17 months | $5,000 to $50,000 | At maturity | 5.00% |
| 12–17 months | $5,000 to $50,000 | Monthly | 5.00% |
| 12–17 months | $50,000 to $1,700,000 | At maturity | 5.00% |
| 12–17 months | $50,000 to $1,700,000 | Monthly | 5.00% |
| 18–24 months | $5,000 to $50,000 | At maturity | 5.00% |
| 18–24 months | $5,000 to $50,000 | Monthly | 5.00% |
| 18–24 months | $50,000 to $1,000,000 | At maturity | 5.00% |
| 18–24 months | $50,000 to $1,000,000 | Monthly | 5.00% |
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%.
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.
- Rate a year
- 5.00%
- Minimum deposit
- $5,000
- Rate a year
- 5.00%
- Minimum deposit
- Not published
- Rate a year
- 5.00%
- Minimum deposit
- $5,000
