Finty

Great Southern Bank Standard Rate Term Deposit 1-12 months

12 termsFixed rate

Term Deposit between 1 to 12 months with interest paid at maturity.

Minimum deposit
$5,000
Maximum deposit
Not published
Terms offered
12

Rate a year, up to

For 11–12 months

Open account

Rates by term

TermInterest paidRate a year
1–2 monthsAt maturity4.00%
1 monthAt maturity3.50%
2–3 monthsAt maturity5.10%
3–4 monthsAt maturity4.40%
4–5 monthsAt maturity4.40%
5–6 monthsAt maturity4.55%
6–7 monthsAt maturity5.25%
7–8 monthsAt maturity3.95%
8–9 monthsAt maturity4.65%
9–10 monthsAt maturity3.15%
10–11 monthsAt maturity4.65%
11–12 monthsAt maturity5.35%

Deposit amount on every term: From $5,000.

How it compares

Against the other 1 year term deposits we compare. Typical means the middle half of them.

1 year rate

5.35%

A typical 1 year rate is 5.25%.

Minimum deposit

$5,000

A typical minimum is $2,000.

Pros and cons

Pros

  • Plenty of terms. 11 terms to choose from, so you can match the term to when you'll need the money.

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.