Central West Credit Union $5000+ (6m to <12m) I3
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 180–364 days
Rates by term
| Term | Amount | Interest paid | Rate a year |
|---|---|---|---|
| 180–364 days | $5,000 to $50,000 | At maturity | 3.40% |
| 6–11 months | $5,000 to $50,000 | At maturity | 3.40% |
| 180–364 days | $50,000 to $1,000,000 | At maturity | 3.40% |
| 6–11 months | $50,000 to $1,000,000 | At maturity | 3.40% |
How it compares
Against the other 1 year term deposits we compare. Typical means the middle half of them.
1 year rate
3.40%
A typical 1 year rate is 5.25%.
Minimum deposit
$5,000
A typical minimum is $2,000.
Pros and cons
Pros
Nothing stands out.
Cons
- A lower rate. 3.40% for 1 year, below the typical 5.25%, so you'd likely earn more elsewhere.
- 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
- 3.40%
- Minimum deposit
- $25,000
- Rate a year
- 3.45%
- Minimum deposit
- $1,000
- Rate a year
- 3.50%
- Minimum deposit
- $5,000
