In this guide

  • Review
  • Details
    • Key details
    • Eligibility
  • Key features
  • How to apply
  • Your reviews
  • Ask a question
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MOVE Bank Term Deposit
Interest rate 5 months interest rate
Up to 5.1% p.a.
Minimum opening deposit
$5,000
Maximum deposit
$500,000
Maximum balance
$500,000

Summary

Take advantage of a competitive interest rate and watch your savings grow with a MOVE Bank Term Deposit.

If you’re looking for a competitive interest rate and the security of a term deposit, a MOVE Bank Term Deposit is well worth a look. MOVE Bank term deposits are available with terms ranging from 3-24 months, and you can invest as little as $5,000 and then sit back and watch your money grow.

Pros

  • Competitive interest rate

Cons

  • Minimum opening balance $5,000

In this guide

  • Review
  • Details
    • Key details
    • Eligibility
  • Key features
  • How to apply
  • Your reviews
  • Ask a question

Details

Key details

Product Name MOVE Bank Term Deposit
3 month interest rate 4.85%
4 month interest rate 4.75%
6 month interest rate 5.00%
7 month interest rate 4.90%
9 month interest rate 5.05%
12 month interest rate 4.90%
24 month interest rate 4.70%
Minimum Opening Deposit $5,000
Government guarantee Yes

Eligibility

Joint account availability No
Min Deposit $5,000
Available to children No minimum age

Key features

Competitive interest rates

A MOVE Bank Term Deposit allows you to fix a competitive rate for a pre-arranged period of time. The fixed interest rate means you get the security of a guaranteed return on your investment.

Minimum balance

If you want to open a MOVE Bank Term Deposit, you'll need to have at least $5,000 to deposit.

Launch term deposit calculator


How to apply

Eligibility

You'll simply need to provide your name, phone number, email address, the topic you want to discuss and your preferred callback time.

Alternatively, you can start your application for a MOVE Bank Term Deposit online immediately.

Documentation needed

The application process takes about five minutes and you will need to supply:

  • Your full name
  • Your MOVE member number (optional)

Your reviews

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Ask a question

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Alison Finder

Editor

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