Flexible term deposit option from Suncorp requiring no minimum balance and offering daily interest calculation.
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 -
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 -
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Warning: These comparison rates are true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
Earn guaranteed rates of high interest on your savings
flexiRates allow you to fix the interest rate applying to a portion of your balance for a set period of time.
flexiRates have been designed to maximise the amount of interest you can earn.
How do flexiRates work?
Say you had $**,*** in your account, earning variable interest of *.**% p.a. If you knew you only needed to access $*,*** in the near future, you might wish to fix the remaining $*,*** in a flexiRate for * months for *.**% p.a, if that was the applicable rate at the time.
You are in complete control over what balance you decide to 'fix' and you can choose any period you like between one month and one year.
flexiRates are designed to take advantage of movements in the Australian Money Market, by allowing you to fix the interest rate applying to a portion of your balance for a set period of time.
Therefore, the flexiRates on offer can change daily, but once you setup a flexiRate, your money is guaranteed to earn the selected rate as long as the nominated period is completed.
- More flexible than a term deposit account
- Easily setup using Suncorp's Internet Banking
- No minimum or maximum flexiRate balance
- Choose your own flexiRate period or select a Standard period
- Available on selected Personal and Business Accounts
- Highly flexible
- No Minimum Balance
- Interest is calculated daily on every dollar and paid at the end of the flexiRate period
- No account keeping or transaction fees
- Internet Banking Only
- Early release forfeits up to **% of interest earned