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The Australian Military Bank Teen Plus term deposit, as the name suggests, is meant especially for those less than 17 years of age. The money in your term deposit earns interest in a tiered manner. You earn interest annually or at maturity, depending on it’s term. Upon maturity of your deposit you have the options of renewing it and withdrawing your money.
Up to 0.7% p.a.
Interest rate
12 months interest rate
$500
Minimum opening deposit
$0
Account keeping fee
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Product Name | Australian Military Bank Teen Plus Term Deposit ($1,000 - $49,000) |
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3 month interest rate | 0.45% |
4 month interest rate | 0.45% |
6 month interest rate | 0.55% |
7 month interest rate | 0.55% |
9 month interest rate | 0.55% |
12 month interest rate | 0.70% |
24 month interest rate | 0.70% |
36 month interest rate | 0.70% |
Minimum Opening Deposit | $500 |
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. |
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