First Option Bank 24 Month Fixed Term
1 termFixed rate
A term deposit from First Option Bank, paying up to 5.00% a year, with 1 term to choose from.
- Minimum deposit
- $1,000
- Maximum deposit
- $2,000,000
- Terms offered
- 1
Rate a year, up to
For 2 years
Rates by term
| Term | Interest paid | Rate a year |
|---|---|---|
| 2 years | Yearly | 5.00% |
Deposit amount on every term: $1,000 to $2,000,000.
How it compares
Against the other 2 years term deposits we compare. Typical means the middle half of them.
2 years rate
5.00%
A typical 2 years rate is 4.50%.
Minimum deposit
$1,000
A typical minimum is $2,000.
Pros and cons
Pros
Nothing stands out.
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
- $500
- Rate a year
- 5.00%
- Minimum deposit
- $5,000
