SWSbank 6 Month Term Deposit

1 termFixed rate

A term deposit from SWSbank, paying up to 3.50% a year, with 1 term to choose from.

Rate a year, up to

For 6 months

Rates by term

Term	Amount	Interest paid	Rate a year
6 months	$500 to $10,000	At maturity	3.50%
6 months	$500 to $10,000	Monthly	3.50%
6 months	$10,000 to $50,000	At maturity	3.50%
6 months	$10,000 to $50,000	Monthly	3.50%
6 months	$50,000 to $9,999,999	At maturity	3.50%
6 months	$50,000 to $9,999,999	Monthly	3.50%

Against the other 6 months term deposits we compare. Typical means the middle half of them.

6 months rate

3.50%

A typical 6 months rate is 5.10%.

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

A lower rate. 3.50% 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.

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