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A high interest account which allows you to save your money for short or long fixed terms.
12 month
Term Deposits |
|
|---|---|
| Minimum Deposit : | $5,000 |
| Minimum Balance : | $5,000 |
| Availability of funds : | At maturity |
| Notice Required : | 7 Days |
| Early withdrawal penalty : | Will incur fee |
| Interest Income : | At maturity * |
| Personal Cheque : | No |
| Eftpos and ATM : | No |
| Direct Credits : | No |
| Direct Debits : | No |
| Visa Debits : | No |
| Branch transactions : | Yes |
| Phone Banking : | Balance only |
| Internet Banking : | Balance only |
| BPAY Phone : | No |
| BPAY Internet : | No |
| Periodical payments : | No |
| Term | Interest Rate |
| 3 months | 1.00% p.a. |
| 6 months | 1.25% p.a. |
| 9 months | 2.05% p.a. |
| 12 months | 4.50% p.a. |
| 24 months | 4.00% p.a. |
Find out all the key features for our savings products.
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*Interest calculated daily, paid on maturity on deposits up to 12 months. Interest is calculated daily and paid 6 monthly on 12 month and 24 month Term Deposits. On maturity we will automatically re-invest your Term Deposit for the same term as you originally chose, unless you advise us otherwise. Minimum 7 days notice is required for an early break in the relevant term, upon which a fee of $30 plus a rate reduction based on: 0 to 30% of term elapsed—30% of the initial rate; 31 to 60% of term elapsed—60% of the initial rate; 61 to 90% of term elapsed—90% of the initial rate will be applicable. This information is general in nature and does not take into account your personal financial situation, needs or objectives. You should consider your own financial situation and needs, and read the relevant Target Market Determination before making any decisions based on this information. Contact us at info@bankorange.com.au to request a Target Market Determination.
