The Mutual Bank Term Deposit
26 termsFixed rate
A Term Deposit which offers a fixed rate for terms up to 36 months.
- Minimum deposit
- $1,000
- Maximum deposit
- Not published
- Terms offered
- 26
Rate a year, up to
For 93–122 days
Rates by term
| Term | Amount | Interest paid | Rate a year |
|---|---|---|---|
| 31–60 days | $1,000 to $499,999 | At maturity | 1.95% |
| 1–30 days | $1,000 to $499,999 | At maturity | 1.45% |
| 1 month | $1,000 to $499,999 | At maturity | 1.45% |
| 31–60 days | $500,000 to $5,000,000 | At maturity | 2.00% |
| 1–30 days | $500,000 to $5,000,000 | At maturity | 1.50% |
| 1 month | $500,000 to $5,000,000 | At maturity | 1.50% |
| 61–92 days | $1,000 to $499,999 | At maturity | 4.85% |
| 2 months | $1,000 to $499,999 | At maturity | 1.95% |
| 61–92 days | $500,000 to $5,000,000 | At maturity | 4.90% |
| 2 months | $500,000 to $5,000,000 | At maturity | 2.00% |
| 93–122 days | $1,000 to $499,999 | At maturity | 5.40% |
| 3 months | $1,000 to $499,999 | At maturity | 4.85% |
| 93–122 days | $500,000 to $5,000,000 | At maturity | 5.40% |
| 3 months | $500,000 to $5,000,000 | At maturity | 4.90% |
| 4 months | $1,000 to $499,999 | At maturity | 5.40% |
| 123–153 days | $1,000 to $499,999 | At maturity | 4.90% |
| 4 months | $500,000 to $5,000,000 | At maturity | 5.40% |
| 123–153 days | $500,000 to $5,000,000 | At maturity | 4.90% |
| 154–183 days | $1,000 to $499,999 | At maturity | 5.20% |
| 5 months | $1,000 to $499,999 | At maturity | 4.90% |
| 154–183 days | $500,000 to $5,000,000 | At maturity | 5.20% |
| 5 months | $500,000 to $5,000,000 | At maturity | 4.90% |
| 6 months | $1,000 to $499,999 | At maturity | 5.20% |
| 184–213 days | $1,000 to $499,999 | At maturity | 3.95% |
| 6 months | $500,000 to $5,000,000 | At maturity | 5.20% |
| 184–213 days | $500,000 to $5,000,000 | At maturity | 3.95% |
| 214–244 days | $1,000 to $499,999 | At maturity | 3.95% |
| 7 months | $1,000 to $499,999 | At maturity | 3.95% |
| 214–244 days | $500,000 to $5,000,000 | At maturity | 4.00% |
| 7 months | $500,000 to $5,000,000 | At maturity | 3.95% |
| 245–274 days | $1,000 to $499,999 | At maturity | 3.95% |
| 8 months | $1,000 to $499,999 | At maturity | 3.95% |
| 245–274 days | $500,000 to $5,000,000 | At maturity | 4.00% |
| 8 months | $500,000 to $5,000,000 | At maturity | 4.00% |
| 275–305 days | $1,000 to $499,999 | At maturity | 3.95% |
| 9 months | $1,000 to $499,999 | At maturity | 3.95% |
| 275–305 days | $500,000 to $5,000,000 | At maturity | 4.00% |
| 9 months | $500,000 to $5,000,000 | At maturity | 4.00% |
| 306–335 days | $1,000 to $499,999 | At maturity | 3.95% |
| 10 months | $1,000 to $499,999 | At maturity | 3.95% |
| 306–335 days | $500,000 to $5,000,000 | At maturity | 4.00% |
| 10 months | $500,000 to $5,000,000 | At maturity | 4.00% |
| 336–365 days | $1,000 to $499,999 | At maturity | 5.30% |
| 336–365 days | $1,000 to $499,999 | Every 6 months | 5.20% |
| 336–365 days | $1,000 to $499,999 | Monthly | 5.15% |
| 336–365 days | $1,000 to $499,999 | Quarterly | 5.15% |
| 11 months | $1,000 to $499,999 | At maturity | 3.95% |
| 336–365 days | $500,000 to $5,000,000 | At maturity | 5.30% |
| 336–365 days | $500,000 to $5,000,000 | Every 6 months | 5.25% |
| 336–365 days | $500,000 to $5,000,000 | Monthly | 5.20% |
| 336–365 days | $500,000 to $5,000,000 | Quarterly | 5.20% |
| 11 months | $500,000 to $5,000,000 | At maturity | 4.00% |
| 1 year | $1,000 to $499,999 | At maturity | 5.30% |
| 1 year | $1,000 to $499,999 | Every 6 months | 5.20% |
| 1 year | $1,000 to $499,999 | Monthly | 5.15% |
| 1 year | $1,000 to $499,999 | Quarterly | 5.15% |
| 1 year | $500,000 to $5,000,000 | At maturity | 5.30% |
| 1 year | $500,000 to $5,000,000 | Every 6 months | 5.25% |
| 1 year | $500,000 to $5,000,000 | Monthly | 5.20% |
| 1 year | $500,000 to $5,000,000 | Quarterly | 5.20% |
| 2 years | $1,000 to $499,999 | Yearly | 5.20% |
| 2 years | $1,000 to $499,999 | Every 6 months | 5.15% |
| 2 years | $1,000 to $499,999 | Monthly | 5.10% |
| 2 years | $1,000 to $499,999 | Quarterly | 5.10% |
| 2 years | $500,000 to $5,000,000 | Yearly | 5.20% |
| 2 years | $500,000 to $5,000,000 | Every 6 months | 5.15% |
| 2 years | $500,000 to $5,000,000 | Monthly | 5.10% |
| 2 years | $500,000 to $5,000,000 | Quarterly | 5.10% |
| 3 years | $1,000 to $499,999 | Yearly | 4.50% |
| 3 years | $1,000 to $499,999 | Every 6 months | 4.45% |
| 3 years | $1,000 to $499,999 | Monthly | 4.40% |
| 3 years | $1,000 to $499,999 | Quarterly | 4.40% |
| 3 years | $500,000 to $5,000,000 | Yearly | 4.50% |
| 3 years | $500,000 to $5,000,000 | Every 6 months | 4.45% |
| 3 years | $500,000 to $5,000,000 | Monthly | 4.40% |
| 3 years | $500,000 to $5,000,000 | Quarterly | 4.40% |
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.
- Plenty of terms. 14 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.
- 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
