Be careful with term deposits. My financial advisor invested in me for 3 years. Interest rates after a year started coming up. Bank refused to reinvest for me at a better rate. I was told it was locked in at .8% and that I would just have to wear this for another 2 years. I won't be reinvesting my $240,000 with them ever again. As a self-funded retirees, we were paying huge interest rates when we were young. Now in retirement, we have to endure low interest on our investments. I think the Bank of us could have done better.
They are just easy to deal with in store and over the phone.
This bank offers the best interest rates for a term deposit, with long term savings ideas and excellent personal assistance.
They have competitive interest rates, and are flexible if the term deposit needs to be cashed in.
Great customer service, friendly and keep you informed.
I had no trouble setting up my first term deposit ever! They made it so easy to do. Giving me all the information about how investing works and what I needed to do when the investment matured.
Different interest rates apply to different amounts or different interest payment frequencies.
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