Term Deposit

Features and benefits

• No monthly account service fee or establishment fee
• High fixed interest rate on balances of $500 and above¹
• A range of fixed investment terms available to suit your needs
• Interest paid quarterly, six monthly, annually, or at maturity². 
   

Fees

Fee	Amount
Monthly account service fee	Nil
Establishment fee	Nil

Opening an account

New customers:

You'll need to complete our 100 point identity check. The main forms of identification are:

• Birth certificate or passport
• Another form of photo identification - driver's licence or local superannuation card.

Other forms of identification may also be acceptable. Visit your local branch or call (682) 22014 for more information.

Existing customers:

You may have already provided necessary identification. Visit your local branch to get started.  

Need help?

Simply speak to a Banking Representative by calling (682) 22014.

Things you should know:

 Cook Islands Business Fees and Charges Booklet (PDF 536kb)

Conditions apply. Offer excludes corporate, institutional and government customers. If you are on a special rate and your Term Deposit rolls over automatically, the Term Deposit may be automatically re-invested at a lower rate than the current interest rate.

1. Interest rate adjustment may apply if funds are withdrawn before maturity.

2. Once your fixed term ends, you can withdraw your funds via bank cheque, cash or direct credit into another bank account.