Woolworths Team Bank 12 Months
1 termFixed rate
A term deposit from Woolworths Team Bank, paying up to 4.00% a year, with 1 term to choose from.
- Minimum deposit
- $2,000
- Maximum deposit
- Not published
- Terms offered
- 1
Rate a year, up to
For 1 year
Rates by term
| Term | Interest paid | Rate a year |
|---|---|---|
| 1 year | At maturity | 4.00% |
Deposit amount on every term: $2,000 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
4.00%
A typical 1 year rate is 5.25%.
Minimum deposit
$2,000
A typical minimum is $2,000.
Pros and cons
Pros
Nothing stands out.
Cons
- A lower rate. 4.00% 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
- 4.00%
- Minimum deposit
- $5,000
- Rate a year
- 4.20%
- Minimum deposit
- $5,000
- Rate a year
- 4.25%
- Minimum deposit
- $5,000
