Finty
Warwick Credit Union

Warwick Credit Union Fixed Term Deposits

1 termFixed rate

Take advantage of great returns on our term deposits

Written byDavid Boyd
Minimum deposit
$500
Maximum deposit
$4,999
Terms offered
1

Rate a year, up to

For 4 months

Open account

Rates by term

TermInterest paidRate a year
4 monthsAt maturity2.60%

Deposit amount on every term: $500 to $4,999.

How it compares

Against the other 4 months term deposits we compare. Typical means the middle half of them.

4 months rate

2.60%

A typical 4 months rate is 4.43%.

Minimum deposit

$500

A typical minimum is $2,000.

Pros and cons

Pros

  • A low minimum. You can start with $500.

Cons

  • A lower rate. 2.60% for 4 months, below the typical 4.43%, 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.