Northern Inland Credit Union 6 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).
- Minimum deposit
- $5,000
- Maximum deposit
- $250,000
- Terms offered
- 1
Rate a year, up to
For 6 months
Rates by term
| Term | Amount | Interest paid | Rate a year |
|---|---|---|---|
| 6 months | $5,000 to $10,000 | Monthly | 3.75% |
| 6 months | $10,000 to $25,000 | Monthly | 3.75% |
| 6 months | $25,000 to $50,000 | Monthly | 3.75% |
| 6 months | $50,000 to $100,000 | Monthly | 3.75% |
| 6 months | $100,000 to $250,000 | Monthly | 3.75% |
How it compares
Against the other 6 months term deposits we compare. Typical means the middle half of them.
6 months rate
3.75%
A typical 6 months rate is 5.10%.
Minimum deposit
$5,000
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.
Cons
- A lower rate. 3.75% for 6 months, below the typical 5.10%, 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
- 3.80%
- Minimum deposit
- $1,000
- Rate a year
- 3.90%
- Minimum deposit
- $5,000
- Rate a year
- 3.60%
- Minimum deposit
- $1,000
