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Adelaide Bank Money Market Term Deposit Account

Alison Banney
Alison Banney
Last updated:  

Earn up to 0.8% p.a. interest and enjoy guaranteed returns with an Adelaide Bank Money Market Term Deposit Account.

If you’re looking for consistent, reliable returns on the money you invest, take a look at an Adelaide Bank Money Market Term Deposit Account. With fixed-interest rates as high as 0.8% p.a. Adelaide Bank offers terms ranging from 30 days to 5 years so you can choose the investment period that suits your financial goals. The minimum investment amount is $5,000 and you can choose to have your matured deposit re-invested or transferred to your nominated account.

Up to 0.8% p.a.

Interest rate

24 months interest rate

$5,000

Minimum opening deposit

$5,000,000

Maximum deposit

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Details

Product NameAdelaide Bank Money Market Term Deposit Account
3 month interest rate0.50%
4 month interest rate0.50%
6 month interest rate0.55%
7 month interest rate0.60%
9 month interest rate0.60%
12 month interest rate0.70%
24 month interest rate0.80%
36 month interest rate0.80%
48 month interest rate0.80%
60 month interest rate0.80%
Minimum Opening Deposit$5,000
Minimum Age Requirement18
The rates displayed above are interest rates paid at maturity only. We endeavour to ensure that the information on this site is current and accurate but you should confirm any information with the product or service provider and read the information they can provide.

Key features

Choice of terms

Adelaide Bank Money Market Term Deposit Accounts are available for the following investment periods: 1 month, 2 months, 3 months, 4 months, 5 months, 6 months, 7 months, 8 months, 9 months, 10 months, 11 months, 1 year, 2 years, 3 years, 4 years or 5 years.

Minimum deposit of $5,000 required

You must invest at least $5,000 to open an account. The maximum deposit allowed is $5 million.

Launch savings calculator

How to apply

If you like the sound of the features and interest rates offered by Adelaide Bank's Money Market Term Deposit Account, click on one of the "Find out more" links on this page. This will take you to the Adelaide Bank website where you can read the full account terms and conditions. You can then contact Adelaide Bank for details on how to apply.

Eligibility

However, make sure you meet the following criteria before applying to open an account:

  • Minimum age. You must be at least 18 years of age.
  • Residency requirements. You must be an Australian resident to apply for an Adelaide Bank Money Market Term Deposit Account.

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