Term deposits

The bigger the interest rate, the faster your money grows. Take a look and see how the UBank Term Deposit compares to other term deposits. But don't forget, we offer a unique bonus of 0.10% p.a. above the current rate, should you decide to reinvest your entire deposit amount (or more), giving you even more for your money.

Institution 1 month 3 months 6 months 9 months 12 months Loyalty Bonus¹ Credit Rating² UBank - Standard Rate 3.36% 5.76% 6.11% 5.66% 6.01% Y - UBank - with Loyalty Bonus 3.46% 5.86% 6.21% 5.76% 6.11% Y - ANZ 2.50% 2.50% 5.50% 2.50% 6.00% N - BankWest 2.00% 3.61% 5.01% 3.00% 5.40% N - Citibank 2.20% 2.61% 2.94% 3.36% 3.78% N - Commonwealth Bank 2.45% 2.45% 2.45% 2.45% 6.00% N - CUA 3.15% 5.75% 6.10% 6.30% 6.25% N - HSBC 1.59% 2.57% 3.06% 3.05% 3.09% N - ING DIRECT 3.50% 5.75% 6.00% -- 5.80% N - Macquarie Bank 4.20% 5.50% 6.00% 6.00% 6.00% N - ME Bank 4.40% 5.75% 5.60% 5.70% 5.75% N - nab 1.20% 3.15% 3.60% 2.50% 6.00% N - RaboPlus 4.50% 5.00% 6.00% -- 6.30% N - St George Bank -- -- -- -- 6.00% N - Suncorp Bank 3.25% 5.40% 5.15% 3.75% 6.00% N - Westpac 0.90% 5.00% 2.50% 2.50% 6.00% N -

Information accurate as at 18 March 2010. Source: CANNEX

Rates shown above are the nominal interest rates for a term deposit of $10,000. Interest is payable at maturity and if you choose a 12-month deposit you can request interest to be transferred to you every month, once a quarter, at six-months or at maturity.

Financial data provided by CANNEX (Aust) Pty Limited AFSL 312804. CANNEX's FSG and AFSL disclosure statement apply.

¹Terms & Conditions apply. Have a closer look at the details.

²From 1 January 2010, ASIC has decided to withdraw current class order relief that allows issuers of investment products to cite credit ratings without the consent of credit rating agencies. Read more on the ASIC website

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