Transport Mutual Credit Union I22_12_to_23_months
1 termFixed rate
A term deposit from Transport Mutual Credit Union, paying up to 3.25% a year, with 1 term to choose from.
- Minimum deposit
- $1,000
- Maximum deposit
- Not published
- Terms offered
- 1
Rate a year, up to
For 12–23 months
Rates by term
| Term | Interest paid | Rate a year |
|---|---|---|
| 12–23 months | At maturity | 3.25% |
Deposit amount on every term: $1,000 to $1,000,000.
How it compares
Against the other 1 year term deposits we compare. Typical means the middle half of them.
1 year rate
3.25%
A typical 1 year rate is 5.25%.
Minimum deposit
$1,000
A typical minimum is $2,000.
Pros and cons
Pros
Nothing stands out.
Cons
- A lower rate. 3.25% for 1 year, below the typical 5.25%, 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.
Similar term deposits
Term deposits from other banks that pay a similar rate for the same term.
- Rate a year
- 3.20%
- Minimum deposit
- $5,000
- Rate a year
- 3.40%
- Minimum deposit
- $5,000
- Rate a year
- 3.50%
- Minimum deposit
- $5,000
