As a marketplace business, we do earn money from advertising and this page features products with Go To Site links and/or other paid links where the provider pays us a fee if you go to their site from ours, or you take out a product with them. Our goal at Mozo is to help you make smart financial decisions and our award-winning comparison tools and services are provided free of charge. If you are thinking of rolling over your term, just be sure your rate is still competitive by comparing other term deposit options.ĭisclaimer Who we are and how we get paid Just keep in mind that this term deposit does come with automatic rollover, so you will need to decide what you’d like to do with your funds before the term reaches maturity. To open a term deposit with Newcastle Permanent, you’ll only need a $1,000 deposit, plus there’s no maximum deposit limit either, so you’ll be able to invest as much as you’d like. There are no fees to worry about and you’ll have the ability to have your interest paid to another bank via a direct credit.
You’ll be able to earn up to 5.10% in interest on an 1 year term, or if you’re thinking of investing your funds for a little longer, you could earn 4.75% on a two year term.
This product features terms from as short as one month to as long as five years, so you’re bound to find a term that’s right for you. On the hunt for a term deposit that’s fuss-free and flexible? Then the Newcastle Permanent Term Deposit could be just what you’re looking for.
