Northern Inland Credit Union 24 MONTHS Term Deposit with interest paid monthly

1 termFixed rate

Take advantage of great fixed returns on term deposits from $5000 on 3 to 24 months terms. Youth deposits from $1000 (under 20 years).

Rate a year, up to

For 2 years

Rates by term

Term	Amount	Interest paid	Rate a year
2 years	$5,000 to $10,000	Monthly	3.85%
2 years	$10,000 to $25,000	Monthly	3.85%
2 years	$25,000 to $50,000	Monthly	3.85%
2 years	$50,000 to $100,000	Monthly	3.85%
2 years	$100,000 to $250,000	Monthly	3.85%

Against the other 2 years term deposits we compare. Typical means the middle half of them.

2 years rate

3.85%

A typical 2 years rate is 4.50%.

Minimum deposit

$5,000

A typical minimum is $2,000.

Monthly interest. You can have interest paid each month, which suits living off the interest.

A lower rate. 3.85% for 2 years, below the typical 4.50%, 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.

Term deposits from other banks that pay a similar rate for the same term.