UBank 6 months Term Deposit - Backed by NAB

Moneybuddy says

UBank offers an attractive high rate term deposit for investments of $1,000 minimum. Offering up to 6.41%, 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 Quarterly

Interest calculated Daily

Headline interest rate 6.41%

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 -

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.

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, 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, 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