Finty
Police Bank

Police Bank Term Deposit

13 termsFixed rate

A term deposit from Police Bank, paying up to 5.25% a year, with 13 terms to choose from.

Minimum deposit
Not published
Maximum deposit
Not published
Terms offered
13

Rate a year, up to

For 4 months

Open account

Rates by term

TermAmountInterest paidRate a year
2 months$20,000 to $500,000At maturity1.40%
3 months$1,000 to $10,000At maturity4.30%
3 months$1,000 to $10,000Monthly4.25%
3 months$10,000 to $500,000At maturity4.30%
3 months$10,000 to $500,000Monthly4.25%
4 months$10,000 to $500,000At maturity5.25%
5 months$10,000 to $500,000At maturity4.30%
6 months$10,000 to $500,000At maturity4.85%
6 months$10,000 to $500,000Monthly4.80%
7 months$10,000 to $500,000At maturity4.65%
9 months$10,000 to $500,000At maturity5.25%
9 months$10,000 to $500,000Monthly5.20%
1 year$10,000 to $500,000At maturity5.00%
1 year$10,000 to $500,000Monthly4.95%
2 years$10,000 to $500,000Every 6 months4.60%
2 years$10,000 to $500,000Monthly4.55%
30 months$20,000 to $500,000Monthly1.10%
3 years$10,000 to $500,000Every 6 months4.20%
3 years$10,000 to $500,000Monthly4.15%
4 years$10,000 to $500,000Every 6 months4.20%
4 years$10,000 to $500,000Monthly4.15%
5 years$10,000 to $500,000Every 6 months4.20%
5 years$10,000 to $500,000Monthly4.15%

How it compares

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

1 year rate

5.00%

A typical 1 year rate is 5.25%.

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.