Goulburn Murray Credit Union Fixed Term Deposit - 6 to 8 months
1 termFixed rate
A 6-8 month term deposit available to invest your money and earn a fixed term rate of interest.
- Minimum deposit
- $100
- Maximum deposit
- Not published
- Terms offered
- 1
Rate a year, up to
For 6–8 months
Rates by term
| Term | Amount | Interest paid | Rate a year |
|---|---|---|---|
| 6–8 months | $100 to $4,999 | At maturity | 0.25% |
| 6–8 months | $4,999 to $2,000,000 | At maturity | 5.25% |
How it compares
Against the other 6 months term deposits we compare. Typical means the middle half of them.
6 months rate
5.25%
A typical 6 months rate is 5.10%.
Minimum deposit
$100
A typical minimum is $2,000.
Pros and cons
Pros
- A higher rate. 5.25% for 6 months, above the typical 5.10%, so your money earns more over the term.
- A low minimum. You can start with $100.
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
- 5.25%
- Minimum deposit
- $5,000
- Rate a year
- 5.25%
- Minimum deposit
- $5,000
- Rate a year
- 5.25%
- Minimum deposit
- $1,000
