Suncorp BankTerm Deposit
Farm Management Term Deposit
Offered by Suncorp Bank
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Key Product Facts
Min rate
5.25%
Max rate
5.25%
Product overview
A Farm Management Deposit Account (FMDA) Term Deposit is for primary producers who can take advantage of the tax benefits available under the Farm Management Deposits (FMD) scheme. The FMDA Term Deposit allows you to lock away an amount of money at a fixed interest rate for a nominated time period. During the fixed term, no deposits or withdrawals are permitted.
Is this product competitive?
There is no single rate or fee that determines whether a financial product is suitable or competitive for everyone. Consider the advertised rate, comparison rate, fees, term, product purpose and eligibility requirements together.
Advertised rate
5.25%
Comparison rate
N/A
Key product details
- Category
- Term Deposits
- Subcategory
- Term Deposit
- Purpose
- Not specified
- Repayment type
- Not specified