15% p. Branch and ATM access Australia-wide. flexiRate interest is fixed for the nominated flexiRate period. 25% p. 50% p. Rate. Multiples banks incl Suncorp and Judo pushed term deposit tax higher this week, ahead of the RBA's May decision. Reverts to 1. Savings rates: Suncorp Bank did not announce any increases to its savings nor term deposit rates after Tuesday's RBA decision. Where do I find a more detailed presentation of your term deposit rates? Specifically, I want to invest $10K for 9 and 15 month terms. A low risk investment with competitive interest rates, the Suncorp Term Deposit is well worth a look if you’re after somewhere to stash your savings. 7 months. Lock in your savings from 1 month up to 5 years with a higher interest term deposit, and know exactly what your investment is worth ahead of time. Commonly asked questions. Variable interest rate. a. For a paper copy visit your local branch or contact us on 13 11 55. 05% p. ). Blog. Fixed Term Deposits issued by Suncorp-Metway Ltd ABN 66 010 831 722 AFSL No: 229882 (“Suncorp Bank”). Includes all payment frequencies. standard variable rate after the first 3 months. For information on the portion of interest adjustment, please read our Product Information Document. 05% p. 1. 00% p. Find Out more About a Fixed Rate Term Deposits Rates from Suncorp Bank - Browse Our Rates and use the Calculator to find the perfect Option for You. Winner of Best Term Deposit 6 Month 50k, RateCity Gold Awards 2023. If applicable, the length of the introductory interest rate period, and what is the interest rate that applies after the ‘honeymoon’ period?. for 12 months. a. for 9 months. Please contact our Foreign Exchange Representatives directly on 1300 557 763 for assistance. Next rate increased. 3. a, with the 5-month introductory variable rate increasing by 0. Interest rate. a. Use our Term Deposit calculator. Report your Suncorp Bank Visa Debit card as lost or stolen and order a replacement. Personal. 05% p. 6. 4. 25% increase to the six-month terms to 4. a. Small Business Temporary Overdraft Rate. $1,000,000 to 3,000,000. 0. 4. Offer available from 10th November 2023 for a limited time only on Term Deposits opened or renewed by existing Westpac personal or business customers. Please call 13 11 55 (or +61 7 3362 1712 from overseas) to request this. a. Interest rates on Suncorp term deposits affected by the changes are now. 13% p. 05. This calculator has been set to a maximum deposit of $4,999,999. Max rate. 6 month : 4. Find Out more About a Fixed Rate Term Deposits Rates from Suncorp Bank - Browse Our Rates and use the Calculator to find the perfect Option for You. Updated 21 November 2023. For example, say you make a withdrawal of $600 to cover your car registration. Open my term deposit. To see your current interest rates, select your account type from the list below: flexiRates. 5. 55% p. Macquarie has increased its 3-month term deposit interest rate by 0. 5 billion at the end of June this. 95% (5 years) The NAB Term Deposit 4. $5,000 min. Your account number, which is different for every customer. To obtain an interest rate for an amount over $1 million, please call us or visit your nearest Bank Australia branch. 25% p. (“Suncorp Bank”). a. Several banks including Suncorp and Judo pushed term deposit rates higher this. 4. 51. Based on personal non-compounding term deposits on Canstar’s database, with rates based on a deposit of $10,000. Funds at-call or locked away in a fixed rate term. Suncorp today launched the best deposit rate in the market of 8. a. Bonus interestEinigen term deposit products are still seeing rates cut, but substantial returns are previously repeat present at Bank of Newcastle, one of several institutes to raise rates. from: 3. $1,000. for 12 months. Interest paid monthly, at maturity or at minimum yearly on 12 to 23 month terms. Find Out more About a Fixed Rate Term Deposits Rates from Suncorp Bank - Browse Our Rates and use the Calculator to find the perfect Option for You. $10,000 - $99,999. 1. After that, an Early Payment Interest Adjustment Fee (EPIA) may apply. 1. The discounted rate (currently 6. with no deposit requirements or other strings attached. 40%, and a 2. Please contact us for additional information. Manage your money 24/7 with our Suncorp App. (“Suncorp Bank”). Everyday Options main account. 21 September 2022. Loan Types. 15% p. Investment Term. Suncorp Bank is offering Term Deposit interest rates of 4. The ING Term Deposit offers a wide range of term options and interest rates ranging up to 5. This comparison rate is based on $150,000 over a term of 25 years and incorporates certain fees and charges that are applicable for the chosen product. Product. The interest on larger deposits of $100,000 up to $1. 20. 3% for 7-months and 4. 75% p. You won’t benefit should interest rates go up as your savings. on 7 month terms, plus gives savers the option to have interest paid out monthly, quarterly, six monthly, yearly or at maturity. To approved applicants only. The interest may be paid to a savings account or reinvested. for 6 months with interest paid at maturity. Invest with confidence at Qudos Bank! Rates; Calculators; Join Us; 1300 747 747; BSB: 704 865; Products. To support our savings customers, the Bank’s 12-month term deposit rates will increase by 0. Receive 120,000 bonus Suncorp Credit Card Rewards Points when you spend $3,000 on Eligible Transactions in the first 90 days from approval. a. a. Find Out more About a Fixed Rate Term Deposits Rates from Suncorp Bank - Browse Our Rates and use the Calculator to find the perfect Option for You. 20%. Deposit Features. 5. A Visa Debit card2. 75% (1 year) to 4. The rate is negotiated with you based on a number of factors including: — the term; — the amount; — our business relationship with you; — how often we agree to pay you interest; andMyState’s Term Deposit is to rise, with a 0. Applicable to Term Deposits opened or renewed during the variation period by existing personal and business customers via Online Banking or the App Only. A Bendigo Bank term deposit may be for you. Rates are effective as at 17 November 2023. Temporarily lock your Suncorp Bank Visa Debit card. Please read the relevant Product Information Document and Terms & Conditions before opening an account. 4. 5. Dedicated and personalised service from the Premium Banking team for customers with Term Deposits of $250,000 in total or a Term Deposit of any value with total deposit holdings over $750,000. a. Yep, that’s interest earned on interest, you read correctly. p. a. 00% p. to 1. 55%. WARNING: This comparison rate applies only to the example or examples given. Fees, charges, terms and conditions apply and are available on request. p. Everyday Options Main and Sub Accounts. eOptions vs. (for 12 month) when paid at maturity. This estimate will take 2 minutes to complete and will show you what your repayments could look like. You must deposit between $1,000 and $800,000 for the relevant financial year. Suncorp Bank. Term Deposits Farm Management Deposit Accounts (FMDAs). 80% p. a. Lock away savings at a fixed rate. for a 1-year term. Bonus interestYes. Deposit Products are issued by Suncorp-Metway Ltd (“Suncorp Bank”) ABN 66 010 831 722 AFSL No 229882. No monthly account keeping fees. During the fixed term, no deposits or withdrawals are permitted. Savings Accounts & Term Deposits Kids Accounts Buy now, Pay Later; Credit Cards; Home Loans; Investments. 12 to 24 months, paid monthly: 75 basis point increase to 1. au's market research) at 5. The Bank of Queensland Term Deposit comes with a wide range of terms to choose from starting from 28 days and up to 4 years. a. 5. Please read the relevant Product Information Document and Terms & Conditions before opening an account. for 5 year terms Terms between 3 months and 5 years $1000 minimum deposit 0. a. Suncorp Term Deposit - $5,000+ 3 month interest rate: 3. 10% loyalty bonus when you automatically reinvest your Term Deposit before maturity. Premium Banking Relationship service. View our higher term deposit rates and select a term from 1 month up to 5 years. You must hold an Eligible Loan in the name of the FMD account owner or a partnership that includes the FMD account owner. a. a. Accounts. Negotiated Term deposits are available. ^Available for new customers for 4 months from the day the account is opened, after which the rate will revert to the Standard Variable Rate. 1. These changes apply to pretty much all terms ranging from three months to five years:Several banks including Suncorp and Judo pushed term deposits rates higher this week, before to the RBA's May decision. 96%, supported by strategic deposit pricing, but partially offset by competitive pressures in Home lending pricing and increased funding costs. A minimum deposit – around $1,000 – is usually required. a. 5. a. Earn interest. This means that your term deposit (if it’s $250,000 or less) is protected in the unlikely event the bank, building society or credit union collapses. Suncorp Group Limited term deposits rates. Next rate increased. 40%. 12 months (1 year) 5. CommBank's NetBank Saver standard variable rate will increase by 0. Suncorp has grown to become Australia's sixth largest bank. Special Terms and Conditions – Term Deposits opened via the internet 30 2. fixed rate Term Deposit for terms of 12 to 23 months. Term deposits are available for amounts between $1,000 and 499,999 with varying rates applicable depending on the balance amount deposited. Compare Term Deposit rates from over 50 different providers. a. Find out more. and 4. on Suncorp Bank’s 18-month Term Deposit. 15) Two years. This comparison rate is based on $150,000 over a term of 25 years and incorporates certain fees and charges that are applicable. fixed rate. Open your Personal Term Deposit in minutes. 30% per annum for 12 months, and increase our savings account (Growth Saver) by 0. Customers have easy access to their money like a savings account and can withdraw cash through a bank transfer to any everyday transaction account. Earn a competitive interest rate on your Suncorp term deposit with a fixed. a. Edvest members receive interest at a rate 0. Interest is calculated daily on whole balances and paid at maturity or at the frequency selected. 4. (“Suncorp Bank”). a. 8. to 1. Expand. For a paper copy visit your local branch or contact us on 13 11 55. a for deposits over $25,000. 00% for a 12 month term. 2 years. a. Today Suncorp provides term deposits, savings accounts, home loans, personal loans and other financial services to over 800,000. Applying for a. Min. a. 65% p. Manage your money 24/7 with our Suncorp App. 3% for 7-months and 4. You are paid interest for that part of your account balance that falls within each range, at the rate applicable to that range. Suncorp 18 month Carded Term Deposit will increase by 0. Suncorp Bank customers should be alert to receiving messages or calls claiming to be from the Suncorp Bank team offering high interest Terms Deposits and Bonds. Fixed rate cuts from major banks. a. Interest Rates Effective 15 June 2023. Suncorp Bank is only liable for the banking products or services it provides and not the products and services of the other companies in the Suncorp Group. It offers rates as high as 5. This document contains information on Suncorp Bank Personal Deposit Accounts Kids Savings Account, Everyday Options Account, Everyday Essentials Account and Growth Saver Account and related fees and charges. 3. ). Start with as little as $1,000. Just a better bank offering better interest rates. Safeguard your savings with a Qudos Bank fixed rate term deposit account. a. For a 9 month term on balances between $1,000 and $2,000,000 you’ll be. 30% p. You can track and manage your Term Deposit in Suncorp Internet Banking and the Suncorp. a. Rates and fees relating to Defence Bank's range of term deposit accounts. Set up a Term Deposit in-branch or by phone. Start with as little as $1,000. a. The Rabobank Term Deposit offers competitive interest rates on a range of terms from one month to five years on investments between $1,000 and $2,000,000. Please read the relevant Product Information Document and Terms & Conditions before opening an account. EARN 5. 2. Suncorp will increase its Growth Saver account by 0. 70% p. 24% p. 25% p. 00 to $1,000,000. Travel Credit and Debit Cards. Branch finder. 4. $1,000. , the interest rate you will earn on the amount that you have withdrawn early will. 3% for 7-months and 4. It also offers products with monthly interest payments, but again, this means a 5 basis point reduction in interest payments. Before you start your application, you’ll need to: be an Australian resident. To kick savings goals, CommBank's GoalSaver and YouthSaver accounts will. by phone on 07 3135 3525 (Mon-Fri, 9am-5pm AEST) by post to Deceased Estates, PO BOX 1453, Brisbane, QLD, 4001. With Suncorp Bank, you can choose to invest a a minimum deposit of $5,000 to start seeing the benefits of an interest rate return. CommBank's NetBank Saver standard variable rate will increase by 0. Suncorp Term Deposit Rates offer a secure and reliable investment option for individuals looking to grow their savings. For customers preferring repayment certainty over a fixed term, Suncorp Bank has a number of fixed rate options starting from 5. Fixed rate & term loan. Just a better bank offering better interest rates. Greater Bank will increase its Life Saver Account Rate by 50 basis points to 1. Westpac Bank Mortgage rate: Variable home loan interest rates increased by 0. a. Interest paid to another bank? yes. 30%: 6 month interest rate: 3. Home loan rate changes after RBA's 0. ANZ is also reviewing other deposit rates; NABSet up Apple Pay ® or Google Pay ™ with your Suncorp Visa Debit Card for a safer way to pay. The new rates will come into effect from 18 May 2022. Choice of loan term & repayments — Up to 25 years for residential property and 15 years for commercial, industrialOn Thursday Suncorp increased rates on much of its term deposit products by between 30 and 55 basis points. From small beginnings as a Queensland agricultural bank, Suncorp has grown to become Australia's sixth largest bank. 25%. Features include: 100% mortgage offset: Some Suncorp home loans allow you to save on interest by linking the loan to a Suncorp Everyday Options bank account that can be put in “offset mode”. Add 0. The highest term deposit rates in our database, at 24 November 2023, are: 1 month: Firstmac at 4. 3% for 7 months and 4. Macquarie dashed all terms on its standard fixed loans by up to 0. Business Lending Products are issued by Suncorp-Metway Ltd ABN 66 010 831 722 Australian Credit Licence number 229882 (“Suncorp Bank”). Savings Accounts & Term Deposits Kids Accounts Buy now, Pay Later; Credit Cards; Home Loans. Lastly, Suncorp both decreased and increased rates on term deposits up to one-year by 20 basis points on the 1st of March. 4. Interest rate calculations and payments. For deposits of $500,000 and over, rates are by. 95% since May. 69% p. Personal BankingA 1-month term deposit gets a rate of 0. Apply online. Thank you. Security: Residential, commercial or rural property security required. 65% p. Just keep in mind that a minimum deposit of $5,000 applies to all Macquarie Term Deposits. a. Interest Rates Effective 13 October 2023 are subject to change without notice. Interest rates vary according to the term length, but are generally lower than the rates quoted above. Deposit Features. 05% pa higher than the rates shown in this table. Suncorp Bank offers access to translating and interpreting services in more than 160 languages. your bank account details, your Tax File Number, and a copy of your driver’s license. 14% p. a. In a media release, Suncorp said its rates "are continually under. Suncorp Bank Term Deposits; Suncorp Bank Term Deposits. 5. a. 4. Interest paid at maturity for deposits under 12 months. Negotiated Term deposits are available. 00). Savings Accounts. for 9 months on balance transfers. $1,000. Suncorp Bank’s savings and term deposit rates are. 65% p. 50%. 45% p. 00% p. a. Make no more than one withdrawal during the month. In a media release, Suncorp said its rates "are continually under. 4. You can invest in a Bank of Queensland Premier term deposit from as little as $1,000 but the best rates are for investments of $5,000 and over. 0. a. Find Out more About a Fixed Rate Term Deposits Rates from Suncorp Bank - Browse Our Rates and use the Calculator to find the perfect Option for You. 70%. 4. 60%, depositors willing to invest for longer terms can earn up to 4. 70%pa fixed for 12 months on eOptions. You can contact our Customer Support team directly: by email at [email protected]. for larger businesses and those with specialised funding requirements. com. RACQ Bank to increase savings rates. a. Learn more. Mozo snapshot. a. 70% p. a. Meanwhile, CommBank and Suncorp released special reduced single-term offers for owner-occupiers making principal & interest repayments (as well as bumps to savings. Find Out more About a Fixed Rate Term Deposits Rates from Suncorp Bank - Browse Our Rates and use the Calculator to find the perfect Option for You. a. Suncorp Bank has flexible and competitive Term On Thursday Suncorp increased rates on much of its term deposit products by between 30 and 55 basis points. 65% p. Compare. 30% p. 45% p. However, investments of $100,000 or more may be subject to different interest rates than those provided in this calculator. This comparison rate is based on $150,000 over a term of 25 years and incorporates certain fees and charges that are applicable. Account.