AMP Banking Term Deposit Account
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Term deposit
Moneybuddy says
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The Basics
Interest paid Quarterly
Interest calculated Daily
Headline interest rate p.a. -
Monthly fee -
Account type Term deposit
The cool stuff: features
ATM access -
EFTPOS access -
Branch access -
Internet Banking Yes
Age restrictions -
Cheque book facility -
Debit card -
BPAY -
GiroPost -
Phone access Yes
The Facts & Figures
Balance less than $1k (p.a.) -
Balance less than $5k (p.a.) -
Balance less than $25k (p.a.) -
Balance greater than $100k (p.a.) -
Min. balance -
Min. opening deposit -
Number of free elect transactions per month -
The ugly stuff: fees
Other bank ATM fee -
EFTPOS transaction fee -
Branch assistance fee -
* Important note: All product information comes from the product provider or an affiliate and to the best of our knowledge is correct at time of publishing.
AMP says
Lock your money away - and watch it grow!
If you have a lump sum of cash over $**** that you don?t need right now, a Term Deposit Account will earn you a high fixed interest rate. Depending on how long you leave it and what interest repayment option you choose, you can add significantly to your savings.
Key features
- Choose how long to leave your money in for - anywhere from * months to * years
- Earn a competitive rate of return and a regular income stream
- Choose when and how your interest is paid - monthly quarterly half-yearly and yearly
Pros
- High interest rate
- Several varying term length options
Cons
- Minimum balance of $****
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