In this guide

  • Review
  • Details
    • Key details
    • Eligibility
  • Key features
  • How to apply
  • Compare other term deposit accounts
  • Your reviews
  • Ask a question

Illawarra Credit Union Term Deposit

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Illawarra Credit Union Term Deposit
Interest rate 6 months interest rate
Up to 5.00% p.a.
Minimum opening deposit
$1,000

Summary

Earn a fixed interest rate on a choice of terms between 1 and 12 months, for balances between $1000 and $2 million.

The Illawarra Credit Union term deposit offers a fixed rate of return for a period of your choice, with no account fees to pay and interest paid at maturity. You can choose a term length that suits you between 1 and 12 months, and invest with as little as $1000.

Pros

  • Small opening balance requirement of $1000

Cons

  • Limited term lengths available

In this guide

  • Review
  • Details
    • Key details
    • Eligibility
  • Key features
  • How to apply
  • Compare other term deposit accounts
  • Your reviews
  • Ask a question

Details

Key details

Product Name Illawarra Credit Union Term Deposit
3 month interest rate 4.50%
4 month interest rate 4.50%
6 month interest rate 5.00%
7 month interest rate 4.50%
9 month interest rate 4.50%
12 month interest rate 4.90%
Minimum Opening Deposit $1,000
Minimum age requirement 18
Government guarantee Yes

Eligibility

Minimum Age Requirement 18
Joint account availability No
Min Deposit $1,000
Available to children Not available for children

Key features

Choice of term lengths

You have a choice of term lengths between 1 and 12 months when applying online. You can speak to the credit union directly if you'd like a longer term.

Your interest rate is fixed during the life of your term. As you can see in the table above, you'll get a higher rate for longer term lengths.

Deposits above $1000

You can open an Illawarra Credit Union term deposit with balances of $1,000 and above.

Launch term deposit calculator


How to apply

How to apply

You can apply for an Illawarra Credit Union term deposit online.

  • Minimum age. You must be 18 or older to apply online.
  • Residency requirements. Account holders must be an Australian citizen, permanent resident, or have a valid visa.

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Judo Bank Term Deposit
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Finder Award$1,000 min. deposit
3 Mths p.a.
4.95%
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5.05%
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Newcastle Permanent Term Deposit
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$1,000 min. deposit
3 Mths p.a.
4.00%
4 Mths p.a.
4.00%
5 Mths p.a.
4.00%
6 Mths p.a.
4.75%
7 Mths p.a.
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11 Mths p.a.
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12 Mths p.a.
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Bankwest Term Deposit
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$1,000 min. deposit$10,000,000 max. deposit
3 Mths p.a.
3.75%
4 Mths p.a.
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3.00%
6 Mths p.a.
4.25%
7 Mths p.a.
4.00%
11 Mths p.a.
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12 Mths p.a.
4.70%
24 Mths p.a.
3.90%
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