LCU Fixed Term Deposit
6 termsFixed rate
Invest your funds for a good return
- Minimum deposit
- $1,000
- Maximum deposit
- $500,000
- Terms offered
- 6
Rate a year, up to
For 1 year
Rates by term
| Term | Interest paid | Rate a year |
|---|---|---|
| 3–5 months | At maturity | 2.60% |
| 6–11 months | At maturity | 3.10% |
| 1 year | At maturity | 4.60% |
| 13–23 months | At maturity | 4.60% |
| 24–35 months | At maturity | 4.50% |
| 3 years | At maturity | 4.60% |
Deposit amount on every term: $500 to $1,000,000.
How it compares
Against the other 1 year term deposits we compare. Typical means the middle half of them.
1 year rate
4.60%
A typical 1 year rate is 5.25%.
Minimum deposit
$1,000
A typical minimum is $2,000.
Pros and cons
Pros
- Plenty of terms. 6 terms to choose from, so you can match the term to when you'll need the money.
Cons
- A lower rate. 4.60% for 1 year, below the typical 5.25%, 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
- 4.65%
- Minimum deposit
- $5,000
- Rate a year
- 4.50%
- Minimum deposit
- Not published
- Rate a year
- 4.50%
- Minimum deposit
- $5,000
