IMB Bank Term Deposit
15 termsFixed rate
Earn great returns with an IMB Term Deposit. An IMB Term Deposit offers competitive returns for investment terms from 1 month up to 5 years for amounts of $1,000 or more. Term Deposits are a secure way to grow your savings for the future!
- Minimum deposit
- $1,000
- Maximum deposit
- Not published
- Terms offered
- 15
Rate a year, up to
For 1 year
Rates by term
| Term | Amount | Interest paid | Rate a year |
|---|---|---|---|
| 1–2 months | From $1,000 | At maturity | 1.25% |
| 3–5 months | From $1,000 | At maturity | 1.50% |
| 3 months | From $5,000 | At maturity | 4.90% |
| 3–5 months | From $5,000 | Monthly | 1.45% |
| 6–8 months | From $1,000 | At maturity | 2.25% |
| 6–8 months | From $1,000 | Every 6 months | 2.25% |
| 6 months | From $5,000 | At maturity | 5.00% |
| 6–8 months | From $5,000 | Monthly | 2.20% |
| 9–11 months | From $1,000 | At maturity | 2.25% |
| 9–11 months | From $1,000 | Every 6 months | 2.25% |
| 9–11 months | From $5,000 | Monthly | 2.20% |
| 1 year | From $1,000 | At maturity | 2.25% |
| 12–23 months | From $1,000 | Every 6 months | 2.25% |
| 1 year | From $2,000 | Monthly | 2.15% |
| 1 year | From $5,000 | At maturity | 5.30% |
| 1 year | From $5,000 | Monthly | 5.17% |
| 12–23 months | From $5,000 | Monthly | 2.20% |
| 24–35 months | From $1,000 | Every 6 months | 2.25% |
| 2 years | From $5,000 | Yearly | 5.00% |
| 2 years | From $5,000 | Monthly | 4.88% |
| 24–35 months | From $5,000 | Monthly | 2.20% |
| 36–47 months | From $1,000 | Every 6 months | 2.25% |
| 3 years | From $5,000 | Yearly | 4.50% |
| 36–47 months | From $5,000 | Monthly | 2.20% |
| 48–59 months | From $1,000 | Every 6 months | 2.25% |
| 4 years | From $5,000 | Yearly | 4.00% |
| 48–59 months | From $5,000 | Monthly | 2.20% |
| 5 years | From $1,000 | Every 6 months | 2.25% |
| 5 years | From $5,000 | Yearly | 4.00% |
| 5 years | From $5,000 | Monthly | 2.20% |
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. 9 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.
- Rate a year
- 5.30%
- Minimum deposit
- $1,000
- Rate a year
- 5.30%
- Minimum deposit
- $5,000
- Rate a year
- 5.30%
- Minimum deposit
- $5,000
