SUNCORP Standard Term Deposits

SUNCORP
Headline interest rate p.a.
-
Monthly fee
-
Account type
Term deposit

Moneybuddy says

Term deposit from Suncorp suitable for investments as low as $*,***. Low interest rates unless you are investing more than $**,*** for a period of ** months or ** months.

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 -

Age restrictions -

Cheque book facility -

Debit card -

BPAY -

GiroPost -

Phone access -

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.

SUNCORP says

High secure returns for fixed term investments under $***,***

Key features

  • Range of terms available from * month to * years
  • Interest can be paid monthly
  • quarterly
  • annually or at maturity
  • No account keeping or transaction fees on your term deposit
  • Whatever happens in the market
  • your return is guaranteed for a fixed period of time
  • Minimum deposit $****

Pros

  • Invest as little as $****
  • Good rate for investments of more than $***** for ** months

Cons

  • Very low rates for balances of less than $*****
  • Rates vary massively from term to term
  • While your money is invested in the Fixed Term Deposit
  • you cannot access it without penalty
  • Term deposits are not transferable
 

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