Finty
Goulburn Murray Credit Union

Goulburn Murray Credit Union Fixed Term Deposit - 9 to 10 months

1 termFixed rate

A 9-10 month term deposit available to invest your money and earn a fixed rate of interest.

Written byDavid Boyd
Minimum deposit
$100
Maximum deposit
Not published
Terms offered
1

Rate a year, up to

For 9–10 months

Open account

Rates by term

TermAmountInterest paidRate a year
9–10 months$100 to $4,999At maturity0.25%
9–10 months$4,999 to $1,000,000At maturity3.70%

How it compares

Against the other 9 months term deposits we compare. Typical means the middle half of them.

9 months rate

3.70%

A typical 9 months rate is 4.75%.

Minimum deposit

$100

A typical minimum is $2,000.

Pros and cons

Pros

  • A low minimum. You can start with $100.

Cons

  • A lower rate. 3.70% for 9 months, below the typical 4.75%, 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.