Your selected term deposits
People's Choice is a member owned financial institution offering its members a wide range of competitive banking, insurance and investment products and services. Formed through the merger of Savings & Loans and Australian Central, People's Choice has more than 350,000 members Australia wide. At People's Choice, its customers are its owners so everything they do is designed to benefit their members.
| INTEREST RATES P.A. | $5,000 to $999,999 |
|---|---|
| 2 months | 1.40% |
| 3 months | 3.85% |
| 4 months | 4.45% |
| 5 months | 3.50% |
| 6 months | 4.25% |
| 7 months | 3.85% |
| 8 months | 3.85% |
| 9 months | 3.95% |
| 10 months | 3.95% |
| 11 months | 3.95% |
| 1 year | 4.00% |
| 2 years | 3.90% |
| 3 years | 3.70% |
| 4 years | 3.70% |
| 5 years | 3.70% |
Rates are shown for interest paid at maturity for terms less than 1 year, and annually or at maturity for terms of 1 year or more.
Your selected term deposits
People's Choice have been my bank for over thirty years now. I switched to them on the recommendation of a friend and have never looked back. The staff have always been extremely helpful, both in person and on the phone; and their assistance with putting together a term deposit after my mother died was exceptional. They were also incredibly compassionate when I was in branch to close my mother's account after her death and transfer her term deposit to myself, giving me tea and being extraordinarily comforting during the process, going above and beyond any other financial institution I've dealt with. In fact, I had convinced both my parents to switch banks because I was so impressed with People's Choice, my father who is French, would always tell me how much he enjoyed the banking experience and how helpful and kind they were to him, especially with the language barrier when he set up his own term deposit. I highly recommend People's Choice for all forms of banking, and their Term Deposit is very well explained and set out, the interest rates earned are competitive and if you wish to withdraw interest when the rollover date arrives, one has several options on how to do that--you can either withdraw the interest earned at the year end of the period and roll over the original amount of the Term Deposit, or you can rollover the total of the Term Deposit with the interest earned for another year, or you can have your interest earned deposited into your bank account twice a year while your Term Deposit itself is rolled over for another period. The flexibility is excellent and the assistance I have recieved every time I talk to a staff member has been second to none. To that end, I suggest joining People's Choice today.
* Different interest rates apply to different amounts or different interest payment frequencies.
^See information about the Mozo Experts Choice Term Deposit Awards
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