Warwick Credit Union Fixed Term Deposits
1 termFixed rate
Take advantage of great returns on our term deposits
- Minimum deposit
- $500
- Maximum deposit
- $4,999
- Terms offered
- 1
Rate a year, up to
For 7 months
Rates by term
| Term | Interest paid | Rate a year |
|---|---|---|
| 7 months | At maturity | 2.55% |
Deposit amount on every term: $500 to $4,999.
How it compares
Against the other 7 months term deposits we compare. Typical means the middle half of them.
7 months rate
2.55%
A typical 7 months rate is 5.00%.
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. 2.55% for 7 months, below the typical 5.00%, 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
- 2.50%
- Minimum deposit
- $5,000
- Rate a year
- 2.40%
- Minimum deposit
- $25,000
- Rate a year
- 2.25%
- Minimum deposit
- $1,000
