Transport Mutual Credit Union 24 Mths 4wkly Int.

1 termFixed rate

A term deposit from Transport Mutual Credit Union, paying up to 3.20% a year, with 1 term to choose from.

Rate a year, up to

For 2 years

Rates by term

Term	Interest paid	Rate a year
2 years	Monthly	3.20%

Deposit amount on every term: $5,000 to $1,000,000.

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

2 years rate

3.20%

A typical 2 years rate is 4.50%.

Minimum deposit

$1,000

A typical minimum is $2,000.

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

A lower rate. 3.20% for 2 years, below the typical 4.50%, 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.