The Finance Algorithm
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Preschool 120-180 Day Flexible Term Deposit

Preschool Term Deposit

Term depositsBank updated 17 Sept 2026

At a glance

Best rate
5.30% for 180d
Min deposit
$5,000

Rates

The one rate Bank First Production publishes for this term deposit.

TypeApplies toTermBandRateComparisonConditions
FixedDependent on the term nominated determines when the interest will be applied-180 days$5,000–$999,9995.30%-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

  • Minimum balance $5,000
  • Opening balance $5,000
  • Only available to preschool accounts that hold a membership.

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.