For those seeking a more secure investment, choose from a range of term deposit options.
Please note that a minimum investment amount of $20,000, restricted access to capital, and strategy terms apply. If you wish to invest in term deposits, please refer to the NAB Term Deposits Terms and Conditions document or contact our Client Services Team for information on the relevant terms and conditions. (Please note that not all product offerings from NAB are available to IOOF Employer. This product has a fixed term. You’ll need to provide 31 days’ notice to make an early withdrawal and a reduction in interest will apply. 1 New term rate. When your deposit matures, a higher or lower interest rate may apply to any subsequent term. NAB Term Deposits Terms and Conditions. The current interest rate applicable below is for a 1 year /12 month term deposit for a balance between $100,000 and $499,999. Interest paid annually or at maturity. Semi-annual or monthly options available. The rate of 1.65% is 0.18% higher than the average 1.47%. The minimum deposit amount is $5,000 and term lengths range from 30 days to five years. The interest rate you earn depends on the length of the fixed term you choose. If you choose to withdraw some (or all) of your funds early, a reduction of interest will apply. Unlike a regular savings account, you must provide 31 days notice to withdraw your. National Australia Bank or NAB was founded as the National Bank of Australasia in the Australian State of Victoria in 1858. NAB is considered one of the 4 major banks within Australia. What is the interest rate on a term deposit. One for $ 600,000 for 6 months another for $ 200,000 for 6 0r 8 months? Your best interest rate.
Adelaide Bank
Interest rates as at 1 March 2021 (effective 12.00am AEST for amounts up to $5M)
| Term | Interest payable at maturity |
|---|---|
| 3 months | 0.20% per annum |
| 6 months | 0.35% per annum |
| 12 months | 0.40% per annum |
Please note that a minimum investment amount of $20,000, restricted access to capital, and strategy terms apply. If you wish to invest in term deposits, please refer to the Adelaide Bank Money Market Investment Accounts Product Guide or contact our Client Services Team for information on the relevant terms and conditions. (Please note that not all product offerings from Adelaide Bank are available to IOOF Employer Super members.) Interest rates are indicative only and the interest rate applicable to your term deposit may differ from rates shown above. IOOF does not accept any responsibility for any inaccuracy or for investment decisions or any other actions taken by any person on the basis of the information included.
National Australia Bank (NAB)
Interest rates as at 1 March 2021 (effective 12.00am AEST for amounts up to $5M)
| Term | Interest payable at maturity |
|---|---|
| 3 months | 0.22% per annum |
| 6 months | 0.25% per annum |
| 12 months | 0.35% per annum |
Please note that a minimum investment amount of $20,000, restricted access to capital, and strategy terms apply. If you wish to invest in term deposits, please refer to the NAB Term Deposits Terms and Conditions document or contact our Client Services Team for information on the relevant terms and conditions. (Please note that not all product offerings from NAB are available to IOOF Employer Super members.) Interest rates are indicative only and the interest rate applicable to your term deposit may differ from rates shown above. IOOF does not accept any responsibility for any inaccuracy or for investment decisions or any other actions taken by any person on the basis of the information included.
Australian and New Zealand Banking Group (ANZ)
Interest rates as at 1 March 2021 (effective 12.00am AEST for amounts up to $2M)
Canadian Term Deposit Rates
| Term | Interest payable at maturity |
|---|---|
| 3 months | 0.10% per annum |
| 6 months | 0.20% per annum |
| 12 months | 0.30% per annum |
Nab Term Deposit Rates Australia
Please note that a minimum investment amount of $20,000, restricted access to capital, and strategy terms apply. If you wish to invest in term deposits, please refer to the ANZ Savings & Transaction Products Terms and Conditions or contact our Client Services Team for information on the relevant terms and conditions. (Please note that not all product offerings from ANZ are available to IOOF Employer Super members.) Interest rates are indicative only and the interest rate applicable to your term deposit may differ from rates shown above. IOOF does not accept any responsibility for any inaccuracy or for investment decisions or any other actions taken by any person on the basis of the information included.