Term Savings

Product Features

• Other Additional Information: Interest can be paid fortnightly, monthly, 12 monthly or at maturity.

• Other Additional Information: A guaranteed rate for terms from 1 to 60 months

• Other Additional Information: Combined balances of up to $250,000 per account holder are guaranteed and secured by the Australian Government.

• Digital Banking Additional Information: See account balances 24/7 wherever you are and whenever you want with RAB mobile and internet banking.

Product Eligibility

• Residency Status - Australian Residents. Additional Information: Individuals must be citizens or permanent residents of Australia.

Bank Fees and Charges

• Early Redemption Adminstration Fee (Variable), Amount: Not Listed.. Additional Information: This fee may apply when you request to redeem your deposit prior to the maturity date. A reduced Interest Rate applies in addition to this fee.

• Early Redemption Break Cost (Variable), Amount: Not Listed.. Additional Information: When a Term Savings deposit is redeemed prior to the maturity date, the interest paid on your account will be reduced based on how much notice is provided and how far through the term. Details on how this is calculated are available on request.

• Bank Cheque Fee (Event), Amount: 11.00. Additional Information: Applies for each bank cheque you order from us.

• Access Fee (Periodic), Amount: 0.00. Additional Information: The Access Fee is a flat monthly fee which entitles your membership to unlimited withdrawals via EFTPOS, ATMs, Internet, Phone and Mobile Banking.

 Limitations & Restrictions (Constraints)

• Min Balance of 1000.00 Additional Information: A minimum $1,000 investment applies to this product.

• Opening Balance of 1000.00 Additional Information: A minimum $1,000 investment applies to this product.

• Max Balance of 500000.00 Additional Information: For deposits over $500,000 rates are by negotiation.