Finty

Greater Bank Term Investment - Interest Monthly

13 termsFixed rate

Fixed amount, fixed term, fixed interest rate, with interest paid monthly. Available for any customer.

Written byDavid Boyd
Minimum deposit
$1,000
Maximum deposit
Not published
Terms offered
13

Rate a year, up to

For 1 year

Open account

Rates by term

TermAmountInterest paidRate a year
6 months$1,000 to $5,000Monthly0.01%
6 months$5,000 to $50,000Monthly5.00%
6 monthsFrom $50,000Monthly5.00%
7 months$1,000 to $5,000Monthly0.01%
7 months$5,000 to $50,000Monthly3.50%
7 monthsFrom $50,000Monthly3.50%
8 months$1,000 to $5,000Monthly0.01%
8 months$5,000 to $50,000Monthly3.50%
8 monthsFrom $50,000Monthly3.50%
9 months$1,000 to $5,000Monthly0.01%
9 months$5,000 to $50,000Monthly3.50%
9 monthsFrom $50,000Monthly3.50%
10 months$1,000 to $5,000Monthly0.01%
10 months$5,000 to $50,000Monthly3.50%
10 monthsFrom $50,000Monthly3.50%
11 months$1,000 to $5,000Monthly0.01%
11 months$5,000 to $50,000Monthly3.50%
11 monthsFrom $50,000Monthly3.50%
1 year$1,000 to $5,000Monthly0.01%
1 year$5,000 to $50,000Monthly5.30%
1 yearFrom $50,000Monthly5.30%
13 months$1,000 to $5,000Monthly0.01%
13 months$5,000 to $50,000Monthly2.90%
13 monthsFrom $50,000Monthly2.90%
14–23 months$1,000 to $5,000Monthly0.01%
14–23 months$5,000 to $50,000Monthly2.90%
14–23 monthsFrom $50,000Monthly2.90%
24–35 months$1,000 to $5,000Monthly0.01%
24–35 months$5,000 to $50,000Monthly4.15%
24–35 monthsFrom $50,000Monthly4.15%
36–47 months$1,000 to $5,000Monthly0.01%
36–47 months$5,000 to $50,000Monthly3.65%
36–47 monthsFrom $50,000Monthly3.65%
48–59 months$1,000 to $5,000Monthly0.01%
48–59 months$5,000 to $50,000Monthly3.45%
48–59 monthsFrom $50,000Monthly3.45%
5 years$1,000 to $5,000Monthly0.01%
5 years$5,000 to $50,000Monthly3.45%
5 yearsFrom $50,000Monthly3.45%

How it compares

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

1 year rate

5.30%

A typical 1 year rate is 5.25%.

Minimum deposit

$1,000

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.
  • Plenty of terms. 13 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.