Term Investments


An Encompass Term Investment offers you a convenient way of earning a high rate of interest to help you reach your savings goal quickly. These rates are higher than many other savings accounts in the market. Here are some of the great benefits that you receive from a Term Investment:
High interest rates
Interest can be paid monthly (Terms greater than 6 months), or on maturity
Interest rate is fixed for the term of the investment

 

Interest Paid on Maturity

Amount

From $1,000 - $9,999 For $10,000 - $50,000 For $50,000 - $100,000 Over $100,000  

Terms and Rates

       

3 - 6 months

4.45% pa 5.20% pa 5.35% pa 5.45% pa

7 - 11 months

4.05% pa 4.65% pa 4.85% pa 5.05% pa
12 months 3.95% pa 4.85% pa 4.95% pa 4.95% pa
13 - 23 months 4.25% pa 5.25% pa 5.25% pa 5.25% pa

24 months

4.50% pa 5.50% pa

5.50% pa

5.50% pa
Interest income calculated daily and credited monthly or on maturity Yes Yes Yes  Yes

 

Interest Paid Monthly

Amount

From $1,000 - $9,999 For $10,000 - $50,000 For $50,000 - $100,000 Over $100,000 

Terms and Rates

       

3 - 6 months

n/a n/a n/a  n/a

7 - 11 months

3.85% pa  4.45% pa  4.65% pa  4.85% pa
12 months 3.75% pa 4.65% pa 4.75% pa 4.75% pa
13 - 23 months 4.05% pa 5.05% pa 5.05% pa 5.05% pa

24 months

4.30% pa 5.30% pa

5.30% pa

5.30% pa
Interest income calculated daily and credited monthly or on maturity Yes Yes Yes  Yes

Rates effective 24 November 2008. See here for full Interest Rate Details.

More Information

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