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MOVE Bank Term Deposit

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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. The interest rate available varies depending on the length of the term, and customers with high term deposit portfolio balances in excess of $200,000 can negotiate their interest rate with the credit union.

Up to 1.2% p.a.

Interest rate

24 months interest rate

$5,000

Minimum opening deposit

$19,999

Maximum deposit

Details

Product NameMOVE Bank Term Deposit
3 month interest rate1.00%
4 month interest rate1.00%
6 month interest rate1.00%
7 month interest rate1.00%
9 month interest rate1.00%
12 month interest rate1.15%
24 month interest rate1.20%
Minimum Opening Deposit$5,000
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

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.

Negotiate your rate

If you have a total term deposit portfolio valued at $200,000 or more, you can negotiate your interest rate with MOVE. If you've seen a better rate elsewhere, you can negotiate for a better deal on your term deposit account.

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)

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