Term Deposit Rates | Nova Alliance Bank

Term Deposit Interest Rates

Investment Term	Annual Interest Rate Interest paid on maturity
Investment Term	$1,000 to $4,999	$5,000 to $5,000,000
1 month	0.05%p.a	0.10%p.a
2 months	0.05%p.a	0.15%p.a
3 months	0.40%p.a	0.40%p.a
4 months	0.40%p.a	0.45%p.a
5 months	0.45%p.a	0.55%p.a
6 months	0.45%p.a	0.55%p.a
7 months	0.50%p.a	0.65%p.a
8 months	0.50%p.a	0.55%p.a
9 months	0.50%p.a	0.55%p.a
10 months	0.50%p.a	0.60%p.a
11 months	0.50%p.a	0.60%p.a
12 months	0.60%p.a	0.70%p.a.
24 months.	0.65% pa	0.75% pa

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*Important information Effective14 October 2020. Information is subject to change. Terms and conditions available on application. Nova Alliance Bank® reserves the right to negotiate deposits over $5,000,000.
When a fixed term account is redeemed prior to maturity the interest rate applicable will be equivalent to the current At Call rate for the amount withdrawn.
31 days written notice must be given for early redemption’s.

Head Office: 3/71 King Street Newcastle NSW 2300

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NOVA Mutual Limited ACN 087 650 440 (NOVA) is an agent of Bendigo and Adelaide Bank Limited (Bendigo Bank) ACN 068 049 178 AFSL/Australian Credit Licence 237879 in the distribution of NOVA Alliance Bank® branded products and services. NOVA also has arrangements with other third parties as detailed in the Financial Services Guide.

NOVA Alliance Bank® branded deposits and loans are deposits and loans of Bendigo Bank. This website provides general advice only and information has been prepared without taking into account your objectives, financial situation or needs. We recommend that you seek independent advice before making any decisions based on this information. Consider the relevant disclosure documents, which includes terms and conditions for the various NOVA Alliance Bank® products and services as this information is relevant when deciding whether to acquire or hold an NOVA Alliance Bank® product. NOVA Alliance Bank® is a trade mark of Bendigo Bank.