
Term Deposit 7 Months
Term Deposit 7 Months
- Fixed rate
- 5.4%
- 7 months
Deposit Rates
| Type | Rate | Applies To | Interest Paid |
|---|---|---|---|
| Fixed | 5.4% | Term Deposit 7 Months_TierTerm Deposit 7 Months_Tier | at maturity |
Fees
| Fee | Type | Amount |
|---|---|---|
| FIXED_TERM_DEPOSIT_-_EARLY_REDEMPTION_INTEREST_DEDUCTION | Exit | 2% of interest accrued |
Features
- Interest calculated daily and paid at maturity, or yearly or monthly (if term is more than twelve months)
- Terms from 3 to 24 months
- Online or Post
Eligibility
- Residency statusIndividuals must be citizens or permanent residents of Australia.
Constraints
- Minimum balance — $5,000.00$5,000
- Opening balance — $5,000.00$5,000
- Maximum balance — $2,000,000.00$2 million
More Information
Published by MOVE Bank under the Consumer Data Right · Last updated 20 May 2026 · Product ID TERM_DEPOSIT_7_MONTHS · View on CDR.gov.au