Bank First ProductionPreschool Long Service Leave 1 Year Term Deposit
School Term Deposit
Term depositsBank updated 17 Sept 2026
At a glance
- Best rate
- 5.50% for 365d
Rates
The one rate Bank First Production publishes for this term deposit.
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| FixedThe maturity date is 1 September each year therefore the maximum term available is 1 year. Deposits made throughout the year will be invested to mature on the maturity date and therefore the term wil… | - | 365 days | - | 5.50% | - | paid at maturity |
Fees
One fee published, grouped by when they're charged.
When you make a transaction1
- Term Deposit Early Withdrawal Interest Rate Reduction
For early withdrawals of a part or full amount of a Term Deposit the interest accrued or paid to that date will reduce as follows: Percentage of Term Remaining 0-19.99% interest reduction = 20%,Term…
From $0
Features
Digital banking
- Other service related charges apply based on your circumstances
Eligibility and limits
- Only available to school accounts that hold a membership
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Published by Bank First under the Consumer Data Right, last changed by them on 17 Sept 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.