Bank First Production
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
§ 01 — Rates · 1
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| FixedDependent on the term nominated determines when the interest will be applied | — | 180 days | $5,000–$999,999 | 5.30% | — | paid at maturity |
§ 02 — Fees · 1
| Fee | Type | Amount | When | Notes |
|---|---|---|---|---|
| Term Deposit Early Withdrawal Interest Rate Reduction | Withdrawal | $0 | — | 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… |
§ 03 — Features
Digital banking
- · Other service related charges apply based on your circumstances
§ 04 — Eligibility & limits
- · Minimum balance $5,000
- · Opening balance $5,000
- · Only available to preschool accounts that hold a membership.
§ 06 — Run the numbers
Put this product through a calculator
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.