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  3. Coastline Credit Union
  4. Gold Benefits Term Deposit

Gold Benefits Term Deposit

  • 6 months
  • Automatic maturity rollover

Interest rate

4.00%

Maximum rate

4.65%

for 12 months

Gold Benefits Term Deposit

  • 6 months
  • Automatic maturity rollover

Interest rate

4.00%

Maximum rate

4.65%

for 12 months

Pros and Cons

For Gold Benefits Term Deposit

Benefits

  • 12 month interest rate (for $50k deposit) ranked in the best 20%
  • Only 1 days notice to withdraw funds before maturity
  • Automatic maturity rollover

Drawbacks

  • Interest cannot be paid to other institution

Coastline Credit Union Rate Term Deposit overview

For Gold Benefits Term Deposit

Features

Min deposit

$5,000

Automatic maturity rollover

Maturity alert by phone

Maturity alert by email

Joint application available

Minimum age requirement

50

Notice period to withdraw

1

Is covered by government guarantee

Target Market Determination
Visit Coastline Credit Union to view Target Market Determination.

Interest

Interest calculation frequency

Daily

Interest payment frequency options

At Maturity

Interest payment via other institution

Interest payment method

-

Fees

Account keeping fee

$0

Early withdrawal fee

Rates

TermRates on deposit of ($5,000 - $24,999)Rates on deposit of ($25,000 - $49,999)Rates on deposit of ($50,000 - $99,999,999)
6 months4.00%4.10%4.20%
1 year4.65%4.75%4.85%
2 years3.90%4.00%4.10%