Transport Mutual Credit Union Selfmanaged Super Fund
4 termsFixed rate
A term deposit from Transport Mutual Credit Union, paying up to 3.15% a year, with 4 terms to choose from.
- Minimum deposit
- Not published
- Maximum deposit
- Not published
- Terms offered
- 4
Rate a year, up to
For 3–5 months
Rates by term
| Term | Interest paid | Rate a year |
|---|---|---|
| 3–5 months | At maturity | 3.15% |
| 6–11 months | At maturity | 3.15% |
| 12–23 months | At maturity | 3.05% |
| 2 years | At maturity | 3.05% |
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
3.05%
A typical 1 year rate is 5.25%.
Pros and cons
Pros
Nothing stands out.
Cons
- A lower rate. 3.05% 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
- 2.95%
- Minimum deposit
- $500
- Rate a year
- 3.20%
- Minimum deposit
- $5,000
- Rate a year
- 2.85%
- Minimum deposit
- $500
