Too busy to track stocks, monitor the housing market, horde piles of gold and predict the future? Or wanting to diversify your investments?
Look at a Term Deposit with Gateway Bank, providing you an investment with certainty and stability. Lock in a great interest rate for the term of choice between 3 months and 5 years, and build your wealth with a guaranteed return on your Term Deposit account.
Term Deposits allow you to plan for your future and invest with confidence, knowing that you will receive a higher rate of return than many savings accounts over a fixed term. Take advantage of our competitive interest rates, no monthly account or service fees, and seamless interest payments directly into your Everyday Account.
Savings & Bank Accounts |
|
|---|---|
| Monthly Fee : | $0 |
| Annual Fee : | $0 |
| Minimum Amount : | $1,000 |
| Cheque Book : | No |
| Funds Available : | If the deposit or any part of it is withdrawn before maturity, an interest rate adjustment fee will apply. |
| ATM/EFTPOS Access : | No |
| Online & Phone Banking : | No |
| Direct Entry (Credit/Debit) : | No |
| Interest Income : | Compounding interest option available for various terms |
| Debit Card : | No |
| Branch Access : | No |
| BPAY® : | No |
| Overdraft : | No |
| Periodic Payments : | No |
5 month and 12 month Term Deposits have a 31 day notice period for early withdrawal. Please take this into consideration when selecting the appropriate product.
* For terms greater than 12 months, interest must be paid at least annually.
