Finty
Geelong Bank

Geelong Bank Regular Income Plus for 6 months

1 termFixed rate

Take advantage of great returns on our term deposits.

Minimum deposit
$5,000
Maximum deposit
Not published
Terms offered
1

Rate a year, up to

For 6 months

Open account

Rates by term

TermInterest paidRate a year
6 monthsMonthly5.10%

Deposit amount on every term: $500 to $1,000,000.

How it compares

Against the other 6 months term deposits we compare. Typical means the middle half of them.

6 months rate

5.10%

A typical 6 months rate is 5.10%.

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.