Australian Military Bank Income Plus
- Interest rate 4 months interest rate
- Up to 4.75% p.a.
- Minimum opening deposit
- $1,000
- Account keeping fee
- $0
Summary
Do you want to open a flexible term deposit that lets you invest your money for varied time periods?
The Australian Military Bank Income Plus is a term deposit that lets you earn competitive interest. The bank lets you choose between renewing your deposit and withdrawing your funds upon maturity. To open this account you have to invest a minimum of $1,000. The bank pays interest every month.
Pros
-
Competitive interest rate
-
Interest calculated daily and paid monthly
-
Low minimum investment
Cons
-
Only available to members
Details
Key details
Product Name | Australian Military Bank Income Plus |
3 month interest rate | 3.40% |
4 month interest rate | 4.75% |
6 month interest rate | 4.60% |
7 month interest rate | 4.50% |
9 month interest rate | 4.50% |
12 month interest rate | 4.65% |
Minimum Opening Deposit | $1,000 |
Minimum age requirement | 18 |
Government guarantee | Yes |
Eligibility
Minimum Age Requirement | 18 |
Joint account availability | No |
Min Deposit | $1,000 |
Available to children | Not available for children |
Compare other term deposit accounts
Compare alternatives
We currently don't have a partnership for that product, but we have other similar offers to choose from (how we picked these ):
Your reviews
Alison Finder
Editor
You are about to post a question on finder.com.au:
- Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
- finder.com.au is a financial comparison and information service, not a bank or product provider
- We cannot provide you with personal advice or recommendations
- Your answer might already be waiting – check previous questions below to see if yours has already been asked
Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms Of Service and Finder Group Privacy & Cookies Policy.
This site is protected by reCAPTCHA and the Privacy Policy and Terms of Service apply.