Product | Best rate (up to 1 year) | Minimum Deposit | Interest paid to another bank? |
---|---|---|---|
Term Deposit |
5.00% p.a.5 months ($100,000 to $1,000,000) |
$1,000.00 |
yes |
Mozo users have rated Summerland Bank term deposits on price, features, convenience, trust and customer service so you can see what real Aussies have to say about their experiences.
Like that interest for three month terms is at a premium rate (greater than many higher terms), good term for me, allows me to add to the principle on a regular basis. Need to read the interest rated for each term to ensure it is best for you, but they are always helpful at the counter and will tell you the current rates
Read full reviewLike that interest for three month terms is at a premium rate (greater than many higher terms), good term for me, allows me to add to the principle on a regular basis. Need to read the interest rated for each term to ensure it is best for you, but they are always helpful at the counter and will tell you the current rates