Greater Bank Term Investment - Interest 6 Monthly
5 termsFixed rate
Fixed amount, fixed term, fixed interest rate, with interest paid 6 monthly and at maturity. Available for any customer.
- Minimum deposit
- $1,000
- Maximum deposit
- Not published
- Terms offered
- 5
Rate a year, up to
For 24–35 months
Rates by term
| Term | Amount | Interest paid | Rate a year |
|---|---|---|---|
| 14–23 months | $1,000 to $5,000 | Every 6 months | 0.01% |
| 14–23 months | $5,000 to $50,000 | Every 6 months | 3.00% |
| 14–23 months | From $50,000 | Every 6 months | 3.00% |
| 24–35 months | $1,000 to $5,000 | Every 6 months | 0.01% |
| 24–35 months | $5,000 to $50,000 | Every 6 months | 4.25% |
| 24–35 months | From $50,000 | Every 6 months | 4.25% |
| 36–47 months | $1,000 to $5,000 | Every 6 months | 0.01% |
| 36–47 months | $5,000 to $50,000 | Every 6 months | 3.75% |
| 36–47 months | From $50,000 | Every 6 months | 3.75% |
| 48–59 months | $1,000 to $5,000 | Every 6 months | 0.01% |
| 48–59 months | $5,000 to $50,000 | Every 6 months | 3.55% |
| 48–59 months | From $50,000 | Every 6 months | 3.55% |
| 5 years | $1,000 to $5,000 | Every 6 months | 0.01% |
| 5 years | $5,000 to $50,000 | Every 6 months | 3.55% |
| 5 years | From $50,000 | Every 6 months | 3.55% |
How it compares
Against the other 14 months term deposits we compare. Typical means the middle half of them.
14 months rate
3.00%
A typical 14 months rate is 4.25%.
Minimum deposit
$1,000
A typical minimum is $2,000.
Pros and cons
Pros
Nothing stands out.
Cons
- A lower rate. 3.00% for 14 months, below the typical 4.25%, 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.
- Rate a year
- 3.05%
- Minimum deposit
- Not published
- Rate a year
- 2.85%
- Minimum deposit
- $500
- Rate a year
- 3.20%
- Minimum deposit
- $5,000
