Transaction Account
Savings Accounts
Term Deposits
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eStatements
benefits
There are many reasons to choose a term deposit
Just as many as there are people banking with Border Bank.
Plan a holiday
You deserve it — make that holiday a reality when you pay yourself first.
Home deposit
Stash your deposit savings away and earn more.
New car
Let your cash work harder for you while you dream about new wheels.
Save for big bill
Be prepared when you know a bill is coming and you’ll have the money ready.
A rainy day fund
Setting money aside keeps it safe for your future needs.
School expenses
Get ahead of school fees by locking some money away to pay them.
Why get a term deposit?
- A term deposit is a safe, low risk way to invest money for an agreed period of time and earn an agreed, fixed rate of interest.
- The interest rate is normally higher than that of a savings accounts, because you agree to lock away the money and it’s normally more money than you’d have in a savings account.
- You can withdraw the money before the end of the term, but there is a financial penalty for ending the term short of the agreed time.
how to apply
How to get started with Border Bank
01
Open a Border Bank transaction account
Select from a range of accounts that suit you. Once you’ve got your BSB and account number, you’re good to go.
02
Switch to Border Bank
Make the change from your existing bank to enjoy the benefits of being a Border Bank member. Get in touch with us today and we’ll make it easy to change over.
03
Find out more
Browse our website to see all the benefits our members enjoy. When you’re ready, get in touch.
Ready to apply for a Term Deposit?
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