In this guide

  • Review
  • Details
    • Key details
    • Eligibility
  • Key features
  • How to apply
  • Your reviews
  • Ask a question
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Adelaide Bank Money Market Term Deposit Account

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Adelaide Bank Money Making Term Deposit Account
Interest rate 24 months interest rate
Up to 3.85% p.a.
Minimum opening deposit
$5,000
Maximum deposit
$5,000,000

Summary

Earn up to 3.85% p.a. interest and enjoy guaranteed returns with an Adelaide Bank Money Market Term Deposit Account.

If you’re looking for consistent, reliable returns on the money you invest, take a look at an Adelaide Bank Money Market Term Deposit Account. With fixed-interest rates as high as 3.85% p.a. Adelaide Bank offers terms ranging from 30 days to 5 years so you can choose the investment period that suits your financial goals. The minimum investment amount is $5,000 and you can choose to have your matured deposit re-invested or transferred to your nominated account.

Pros

  • Interest calculated daily
  • Offers terms ranging from 30 days to 5 years.
  • Provide higher interest rates
  • No monthly fees

Cons

  • Minimum opening balance of $5,000 is required

In this guide

  • Review
  • Details
    • Key details
    • Eligibility
  • Key features
  • How to apply
  • Your reviews
  • Ask a question

Details

Key details

Product Name Adelaide Bank Money Making Term Deposit Account
3 month interest rate 2.80%
4 month interest rate 2.10%
6 month interest rate 3.25%
7 month interest rate 2.50%
9 month interest rate 2.90%
12 month interest rate 3.50%
24 month interest rate 3.85%
36 month interest rate 3.85%
48 month interest rate 3.85%
60 month interest rate 3.85%
Minimum Opening Deposit $5,000
Minimum age requirement 18
Government guarantee Yes

Eligibility

Minimum Age Requirement 18
Joint account availability No
Min Deposit $5,000
Available to children Not available for children

Key features

Choice of terms

Adelaide Bank Money Market Term Deposit Accounts are available for the following investment periods: 1 month, 2 months, 3 months, 4 months, 5 months, 6 months, 7 months, 8 months, 9 months, 10 months, 11 months, 1 year, 2 years, 3 years, 4 years or 5 years.

Minimum deposit of $5,000 required

You must invest at least $5,000 to open an account. The maximum deposit allowed is $5 million.

Launch term deposit calculator


How to apply

If you like the sound of the features and interest rates offered by Adelaide Bank's Money Market Term Deposit Account, click on one of the "Find out more" links on this page. This will take you to the Adelaide Bank website where you can read the full account terms and conditions. You can then contact Adelaide Bank for details on how to apply.

Eligibility

However, make sure you meet the following criteria before applying to open an account:

  • Minimum age. You must be at least 18 years of age.
  • Residency requirements. You must be an Australian resident to apply for an Adelaide Bank Money Market Term Deposit Account.

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Alison Finder

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