UBank 6 Month Term Deposit

Moneybuddy says

UBank offers an attractive high rate term deposit for investments of $1,000 minimum. Offering 5.91% p.a on a 6 month term deposit with an additional 0.10% p.a. Loyalty Bonus, UBank Term Deposit is highly competitive in the current climate. Refreshingly, UBank's customer service is open for business 24 hours a day, 7 days a week. UBank is backed by NAB.

The Basics

Interest paid At Maturity

Interest calculated Daily

Headline interest rate p.a. 5.91%

Monthly fee $0

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.) 5.91%

Balance less than $25k (p.a.) 5.91%

Balance greater than $100k (p.a.) 5.91%

Min. balance $1,000

Min. opening deposit $1,000

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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UBank says

UBank Term Deposits help you make the most of your money easily. UBank Term Deposits offer highly competitive rates with no fees and the choice of a range of terms including 1, 3, 4, 6, 9 or 12 months.Your rate is locked in for the term of your investment so you’ll know how much interest you’ll receive – avoiding the ups and downs of the markets.

The best part is, applying online is easy and it only takes a few minutes with no paperwork. Plus, if you roll over 100% of your initial investment at the end of your term, UBank will reward you with a 0.10%p.a. Loyalty Bonus above the current rate.

Key features

A great interest rate
The choice of a 1, 3, 4, 6, 9 or 12 month term
The option of a Self Managed Super Fund
A 0.10% p.a. Loyalty Bonus when you rollover 100% of your term deposit
Instant interest, with the Turbo Deposit account opening process
A government guarantee on deposits up to $1 million (limit applies to total funds deposited with NAB)
Access to a real person, simply by calling 13 30 80, anytime 24/7