Finty
SWSbank

SWSbank 24 Month Term Deposit

1 termFixed rate

A term deposit from SWSbank, paying up to 4.80% a year, with 1 term to choose from.

Minimum deposit
Not published
Maximum deposit
Not published
Terms offered
1

Rate a year, up to

For 2 years

Open account

Rates by term

TermAmountInterest paidRate a year
2 years$500 to $9,999Monthly4.80%
2 years$500 to $9,999Yearly4.80%
2 years$10,000 to $49,999Monthly4.80%
2 years$10,000 to $49,999Yearly4.80%
2 years$50,000 to $9,999,999Monthly4.80%
2 years$50,000 to $9,999,999Yearly4.80%

How it compares

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

2 years rate

4.80%

A typical 2 years rate is 4.50%.

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.