Regional Australia Bank Term Savings Account
- Interest rate 6 months interest rate
- Up to 4.90% p.a.
- Minimum opening deposit
- $1,000
- Account keeping fee
- $0
- Maximum deposit
- $500,000
Summary
Choose a term to suit you from 1 month to 5 years
Whatever you're saving for, this account allows you to set and forget. Deposit a set amount of money and earn a guaranteed interest rate over the life of the term. Choose a term length that suits your savings needs, from as little as 1 month to up to 5 years.
Pros
-
Competitive interest rates
-
No monthly service fees
-
Invest as little as
Cons
-
If you access your balance early, you will loose some of the interest earned.
Details
Key details
| Product Name | Regional Australia Bank Term Savings Account |
| 3 month interest rate | 3.60% |
| 4 month interest rate | 4.50% |
| 6 month interest rate | 4.90% |
| 9 month interest rate | 4.70% |
| 12 month interest rate | 4.65% |
| 24 month interest rate | 3.75% |
| 36 month interest rate | 3.70% |
| 48 month interest rate | 3.75% |
| 60 month interest rate | 3.80% |
| Minimum Opening Deposit | $1,000 |
| Government guarantee | Yes |
Eligibility
| Joint account availability | No |
| Min Deposit | $1,000 |
| Available to children | No minimum age |
Key features
There is no account keeping fees for this account. However, should you need to access your balance before the account matures, you will forfeit a portion of your interest.How to apply
You need to become a member of Regional Australia Bank in order to open an account. Do this by phoning the bank or visiting one of its branches. Alternatively, you can fill in an enquiry form on Regional Australia Bank's website and a member of their team will get in touch to help you open an account.Compare other products from Regional Australia Bank
- Regional Australia Bank credit cards
- Regional Australia Bank home loans
- Regional Australia Bank savings accounts
Your reviews
Alison Finder
Editor
Hi there, looking for more information? Ask us a question.
You are about to post a question on finder.com.au:
- Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
- finder.com.au is a financial comparison and information service, not a bank or product provider
- We cannot provide you with personal advice or recommendations
- Your answer might already be waiting – check previous questions below to see if yours has already been asked
Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms Of Service and Finder Group Privacy & Cookies Policy.
This site is protected by reCAPTCHA and the Privacy Policy and Terms of Service apply.