"I want my investment earning maximum interest ..."
Maximising the earning potential of your investment couldn't be easier than with B&E's Term Investment Account.
All you need is a minimum of $200 and be ready to invest it for a fixed term of at least one month and you'll be able to take advantage of a highly competitive interest rate, fixed for the entire term.
Then, when your investment matures, you’ll have full access to both the principal and the interest you’ve earned.
On the other hand, if you prefer – on maturity you can choose to reinvest for a brand new term. This will be at the then current interest rate.
Please note: we don’t normally permit any withdrawals during the term of your investment. However, let us know about any special circumstances – and we’ll give consideration to an early withdrawal. But you should take note that any such withdrawal will attract a reduced interest rate.
Exclusive free offer*
Open a B&E term deposit online today and receive a free Tasmanian lifestyle book, Picnics in Paradise, by Karen Goodwin-Roberts.
Act quickly: offer applies to the first 50 term deposits opened online in July 2011. For more information on our term deposits call 1300 306 716 or drop into your local branch.
Term Investment Account features
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| Term |
From 1 to 24 months |
| Interest rate |
Term Investment Interest Rate Table |
| Interest calculation |
On daily balance
|
| Interest paid |
On maturity; or if your investment is for 12 months or more, your interest is paid or compounded half yearly and then on maturity |
| Minimum account balance/opening deposit |
$200
|
| Additional deposits |
Can only be made on maturity |
| Withdrawals |
The minimum balance of $200 is to be maintained. Withdrawals are normally only permitted on maturity. |
| Renewal notice |
Sent to you 10 - 14 days prior to expiration of the term
|
| Access to information |
You can obtain account information, balances and statement requests via Telephone and Internet Banking |
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Please note the above information does not take into account your personal circumstances and is general advice only. Before opening any B&E Investment account, please read the Product Disclosure Statement (PDS) and our Schedule of Fees and Charges and decide if the account is right for you. Interest rates are subject to change without notice and should be verified with your local branch.
*Things you need to know: To open a term deposit online, you must be a current client of B&E; be 16 years of age or older; be signed up for B&E internet banking; and open the account in your individual name or as a joint account holder with another client (individual). Accounts cannot be opened in names other than those of an individual(s).
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