Term Deposits

 Does your bank pay you a respectable interest on your Term Deposits?

 At BRED BANK We do

 What is special about our TERM Deposit?

§  Please click to find our latest interest rates. These are subject to change at the banks discretion.

§  You won’t pay any fees except if you decide to break your term deposit earlier than the date of maturity. Prepayment Fee is $30. The interest rate payable when the term deposit is prepaid may be less than the rate applicable when the deposit was placed.

§  We offer fixed terms of 3, 6, 9, 12, 24,36, 48 or 60 months.

§  Maturity withdrawal together with interest earned can be paid by transfer to a nominated account or by bank cheque (Bank Cheque Fee of $10.00 will be applicable)

§  Our account opening processes are simple - we will do all the work required to set up your account. It is simple and convenient.

§  Minimum Deposit is $1,000, Maximum Deposit is $200,000.

§  If you have a financial need and desire to keep your savings intact, we will consider advancing funds to you.

§  Your savings are safe and secure with us.

Download the brochure for more details.

 

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