Gateway Bank Term Deposit

Rates

• 3 months

  2.06% p.a. ($1,000 to $9,999)

  2.11% p.a. ($10,000 to $499,999)

• 4 months

  2.12% p.a. ($1,000 to $9,999)

  2.30% p.a. ($10,000 to $499,999)

• 5 months

  2.06% p.a. ($1,000 to $9,999)

  2.11% p.a. ($10,000 to $499,999)

• 6 months

  2.16% p.a. ($1,000 to $9,999)

  2.21% p.a. ($10,000 to $499,999)

• 7 months

  2.10% p.a. ($1,000 to $9,999)

  2.45% p.a. ($10,000 to $499,999)

• 8 months

  2.05% p.a. ($1,000 to $9,999)

  2.15% p.a. ($10,000 to $499,999)

• 9 months

  2.05% p.a. ($1,000 to $9,999)

  2.45% p.a. ($10,000 to $499,999)

• 10 months

  2.05% p.a. ($1,000 to $9,999)

  2.15% p.a. ($10,000 to $499,999)

• 11 months

  2.05% p.a. ($1,000 to $9,999)

  2.35% p.a. ($10,000 to $499,999)

• 1 year

  2.34% p.a. ($1,000 to $9,999)

  2.50% p.a. ($10,000 to $99,999)

  2.70% p.a. ($100,000 to $499,999)

• 2 years

  2.29% p.a. ($1,000 to $9,999)

  2.45% p.a. ($10,000 to $499,999)

• 3 years

  2.40% p.a. ($1,000 to $9,999)

  2.55% p.a. ($10,000 to $499,999)

• 4 years

  2.40% p.a. ($1,000 to $9,999)

  2.55% p.a. ($10,000 to $499,999)

• 5 years

  2.40% p.a. ($1,000 to $9,999)

  2.55% p.a. ($10,000 to $499,999)

Other financial bits

• Minimum deposit

  $1,000.00

• Maximum deposit

  $499,999.00

Features

• Interest payment options

  direct credit, cheque

• Interest paid to another bank?

  yes

• Automatic rollover

  yes

• Other restrictions

  Interest penalty of 2.0% applies for early withdrawal of funds

• Other benefits

  none