Term deposit
Let your money work for you.
Invest from $500 at 12% AER and receive returns every month. At the end of the term, your capital goes back to your account.
Your money works while you get on with your life: interest accrues every day and is paid into your returns every month.
- 12%
- AER, the rate on our term deposits
- $500
- to start investing
- Every month
- you receive your returns
- $0
- in fees to move your returns to your account
Calculate
How much do you want to invest?
Drag the ruler or tap an amount. The numbers move on their own.
- Each month, approx.
- $50.00
- In 12 months
- $600.00
Illustrative calculation at 12% AER on the amount, without compounding. The term and rate are set out in the contract you sign.
How it earns
Interest every day, paid every month.
Interest is calculated on your capital, accrues every day and is paid every month into your returns wallet. From there, move it to your account whenever you like.
- Move your returns from $1, fee-free
- At maturity, your capital goes back to your main account
- The rate, the term and the conditions are set out in your contract
Returns
Example$150.00
Available to move to your account
- ReturnAugust · $5,000 deposit+$50.00
- ReturnSeptember · $5,000 deposit+$50.00
- ReturnOctober · $5,000 deposit+$50.00
How to invest
Four steps, all in the app.
- 01 Choose how much
From $500. It comes out of your main account.
- 02 Sign the contract
With the rate, the term and the conditions, in the app.
- 03 Receive returns
Every month, in your returns wallet.
- 04 Get your capital back
At the end of the term, it goes back to your account.
