Queensland Country Bank FTD Retirees Interest Monthly
5 termsFixed rate
Fixed Term Deposits are available for terms from 3mths to 36mths. Fixed Term Deposits allow you to lock funds away for the agreed time, at the agreed rate with options for interest to be paid monthly, annually or at the end term.
- Minimum deposit
- $1,000
- Maximum deposit
- Not published
- Terms offered
- 5
Rate a year, up to
For 1 year
Rates by term
| Term | Interest paid | Rate a year |
|---|---|---|
| 3 months | Monthly | 3.60% |
| 6 months | Monthly | 3.80% |
| 1 year | Monthly | 5.30% |
| 2 years | Monthly | 5.00% |
| 3 years | Monthly | 4.50% |
Deposit amount on every term: From $1,000.
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.
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
