SUNCORP Standard Term Deposits
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Term deposit
Moneybuddy says
Term deposit from Suncorp suitable for investments as low as $1,000. Low interest rates unless you are investing more than $10,000 for a period of 12 months or 36 months.
The Basics
Interest paid Quarterly
Interest calculated Daily
Headline interest rate -
Monthly fee -
Account type Term deposit
The cool stuff: features
ATM access -
EFTPOS access -
Branch access -
Online access -
Age restrictions -
Cheque book facility -
Debit card -
BPAY -
GiroPost -
Phone access -
The Facts & Figures
Balance less than $1k -
Balance less than $5k -
Balance less than $25k -
Balance greater than $100k -
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 information provided by advertiser or taken from advertiser website and correct at time of publishing. If this information is incorrect, please contact us.
SUNCORP says
High secure returns for fixed term investments under $100,000
Key features
- Range of terms available from 1 month to 5 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 $1000
Pros
- Invest as little as $1000
- Good rate for investments of more than $10000 for 36 months
Cons
- Very low rates for balances of less than $10000
- 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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