MyState’s Income Term Deposit allows you to receive a regular income from your investment at competitive investment interest rates. The Income Term Deposit account can also credit interest into your account at regular intervals giving you some welcome extra spending money!
Income Term Deposit Features
- Minimum investment $5,000
- 12 or 24 month term
- Term deposit interest calculated daily
- Interest paid monthly or quarterly to a nominated MyState account, or transferred to another financial institution
- Medium-term investment
Applying for Income Term Deposits