RBA Cash Rate: 4.35% · 1AUD = 0.67 USD · Inflation: 4.1%  
Leading Digital Marketing Experts</strong | 1300 235 433 | Aggregation Enquires Welcome | Book Appointment
Example Interest Rates: Home Loan Variable: 5.69% (5.89%*) • Home Loan Fixed: 5.39% (6.59%*) • Fixed: 5.39% (6.59%*) • Variable: 5.69% (5.89%*) • Investment IO: 5.69% (6.48%*) • Investment PI: 5.39% (6.59%*)

  Personal Term Deposit

The Rural Bank ONE Term Deposit Account is an online deposit for personal applicants which pays competitive interest rates for a fixed term. It can only be opened and accessed online via www.ruralbank.com.au (either via the online application or the application form that can be printed from the website, completed by the customer and posted to Rural Bank)
Category: Term Deposits  Last Updated October 23, 2024  Effective November 1, 2024

 Product Features

  • Other Additional Information: Earn competitive rates of interest
  • Other Additional Information: Interest calculated daily, paid at maturity
  • Other Additional Information: Terms fixed for 3, 6, or 12 months
  • Other Additional Information: No monthly account keeping fees
  • Other Additional Information: 31 day withdrawal notice if need to access funds before its maturity date, early withdrawal may incur interest adjustment
  • Digital Banking Additional Information: Requires internet banking
  • Other Additional Information: Six monthly statements
  • Digital Banking Additional Information: Apply online only
  • Other Additional Information: Transfer funds to open, minimum balance $500
  • Other Additional Information: Maximum balance $2 million per customer (combined value of Rural Bank ONE Saver and/or Rural Bank ONE Term Deposit accounts (whether individual or joint) can not exceed $2,000,000 unless agreed to by Rural Bank)

 Product Eligibility

  • Other Additional Information: Personal applicants only
  • Other Additional Information: Must be 12 years of age or over to have access to Internet and Phone Banking
  • Residency Status - Must Be An Australian Resident.
  • Other Additional Information: Every applicant must have access to Rural Bank Internet Banking
  • Other Additional Information: Customer must nominate a transaction account at an Australian Authorised Deposit-taking Institution (either Rural Bank or another Australian financial institution) for funds to be redeemed to (“nominated account”). Where a direct debit is used for the opening deposit that account becomes the “nominated account”

 Bank Fees and Charges

  • Bank Cheque Fee (Payment), Amount: 10.00. Additional Information: Applies per bank cheque you request. Bank cheques are organised through the Commonwealth Bank of Australia or Bendigo Bank
  • Bank Cheque Repurchase Or Stop Fee (Event), Amount: 20.00. Additional Information: Applies per bank cheque you request to be repurchased or stopped
  • Real Time Electronic Or International Funds Transfer (Payment), Amount: 30.00. Additional Information: Applies the same day you request a transfer to an account at another financial institution in Australia, or an international funds transfer
  • Direct Debit Dishonour Fee (Payment), Amount: 10.00. Additional Information: Applies per unsuccessful direct debit attempt on your account due to insufficient funds
  • Copy Of A Cheque (Event), Amount: 20.00. Additional Information: Applies per cheque when you request a copy of a cheque deposited to your account
  • Real Time Electronic Or International Funds Trace (Event), Amount: 30.00. Additional Information: Applies per request. Note: The receiving bank may also impose a fee. The trace fee will be waived if the trace reveals an error by Rural Bank
  • Electronic Recall (Event), Amount: 15.00. Additional Information: Applies per attempt to recall an electronic transaction. The fee is charged even if the recall is unsuccessful
  • Audit Request (Event), Amount: 30.00. Additional Information: Applies per audit requested on an account
  • Transaction History Record (Event), Amount: 5.00. Additional Information: Applies per request per statement period for a transaction history print out on an account
  • Administration Fee (Event), Amount: 15.00. Additional Information: An administration fee of $15.00 per 1/4 hour applies for the supply of information, retrieval of a voucher or other documentation, or other special services you request
  • Dormant Account (Periodic), Amount: 20.00. Additional Information: Charged annually to accounts that have not had a customer initiated deposit or withdrawal for 3 years or more
  • Physical Security Token (issue And Replacement) (Event), Amount: 25.00. Additional Information: Key-ring sized token that improves the security of Internet Banking. Applies per token ordered
  • Electronic Trace (Event), Amount: 20.00. Additional Information: Applies when you have requested a trace on a Bpay® or Pay Anyone transaction that has been sent electronically to another financial institution. The trace fee will be waived if the trace reveals an error by Rural Bank
  • Staff Assisted Transfer Fee (Payment), Amount: 5.00. Additional Information: Applies per request to transfer money to an account held with another financial institution or a Rural Bank account in another name

 Limitations & Restrictions (Constraints)

  • Max Balance of 2000000.00 Additional Information: The combined value of Rural Bank ONE Saver and/or Rural Bank ONE Term Deposit accounts (whether individual or joint) can not exceed $2,000,000 unless agreed to by Rural Bank
  • Opening Balance of 500.00
  • Min Balance of 500.00

■ ■ ■

 
Download our complimentary 650-page guide on marketing for mortgage brokers. We'll show you exactly how we generate billions in volume for our clients.
Finance Guide, Cropped Top and Bottom
  Timezone: 1 · [ CHANGE ]

■ ■ ■

 
Download our complimentary 650-page guide on marketing for mortgage brokers. We'll show you exactly how we generate billions in volume for our clients.
Finance Guide, Cropped Top and Bottom
  Timezone: 1 · [ CHANGE ]

Like this mortgage product?

Share on Facebook
Share on Twitter
Share on Linkdin
Share on Pinterest