Regional Australia Bank Term Savings Account
- Interest rate 6 months interest rate
- Up to 4.75% 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 | 4.35% |
6 month interest rate | 4.75% |
9 month interest rate | 4.55% |
12 month interest rate | 4.55% |
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
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