Thumbnail icon for Transport Mutual Credit Union

Transport Mutual Credit Union Term Deposit

Best rate (up to 1 year)
1.00% p.a.1 year
Interest paid to another bank?

Mozo editorial review Transport Mutual Credit Union Term Deposit

Last updated: 13 May 2020.

binocular icon
What's hot
  • Up to 1.00% interest rate for one year term
  • Minimum balance of just $1,000
What's not
  • Interest not paid on funds withdrawn early
Mozo snapshot

Whether you’re looking to lock away your funds for a short time or a long time, the Transport Mutual Credit Union Term Deposit could help you meet your savings goals. Rates range from 0.70% to 1.00% on 3 month to 2 year terms. 


key icon
Key features

With the Transport Mutual Credit Union Term Deposit, terms start from three months and reach up to two years, with the highest rate currently on offer 1.00% p.a. for a 1-year term. 

There's also a relatively low minimum deposit of just $1,000, and no maximum, meaning it can be accessed by a whole range of savers.  


snapshot
Who is it good for

With a low deposit requirement and a range of rates to choose from, the Transport Mutual Credit Union Term Deposit could be a great pick for savers with a smaller deposit who want to lock away their funds temporarily.

snapshot
Any catches

Like any term deposit, withdrawing before the maturity date is generally not encouraged. And with the Transport Mutual Credit Union Term Deposit, keep in mind that you won’t earn any interest on the funds you withdraw early.

Details

Rates and fees information correct as at 29 September 2020. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates
  • 0.70% p.a. ($1,000+)

  • 0.70% p.a. ($1,000+)

  • 0.70% p.a. ($1,000+)

  • 0.90% p.a. ($1,000+)

  • 0.90% p.a. ($1,000+)

  • 0.90% p.a. ($1,000+)

  • 0.90% p.a. ($1,000+)

  • 0.90% p.a. ($1,000+)

  • 0.90% p.a. ($1,000+)

  • 1.00% p.a. ($1,000+)

  • 1.00% p.a. ($1,000+)

  • 0.90% p.a. ($1,000+)

Other financial bits
  • $1,000.00

  • none

Features
  • none

  • none

  • none

  • none

  • none

*Different interest rates apply to different amounts or different interest payment frequencies.

Customer Reviews

This product is not currently reviewed.

Transport Mutual Credit Union

About Transport Mutual Credit Union

See Transport Mutual Credit Union term deposits

Promoted

MyState Bank

MyState Bank

Term Deposit

0.90% p.a.

$5,000.00

Yesup to $250,000

Promoted

Citi

Citi

Term Deposit

0.55% p.a.

$10,000.00

Yesup to $250,000

Promoted

MyState Bank

MyState Bank

Term Deposit

0.90% p.a.

$5,000.00

Yesup to $250,000

Promoted

Citi

Citi

Term Deposit

0.55% p.a.

$10,000.00

Yesup to $250,000