Thanks. Aus Unity has a min deposit that’s a little bit high for me at the moment. BoM is 4.8%, but 4.9 if you join and manage online. Honestly I’m not really in it for the interest as I won’t deposit enough for it to really be worth anything. I’m mostly after a TD as a sort of forced savings program I guess. Having to give 31 days notice to withdraw anything is more than long enough to curb any impulse purchases
Thanks. Aus Unity has a min deposit that’s a little bit high for me at the moment. BoM is 4.8%, but 4.9 if you join and manage online. Honestly I’m not really in it for the interest as I won’t deposit enough for it to really be worth anything. I’m mostly after a TD as a sort of forced savings program I guess. Having to give 31 days notice to withdraw anything is more than long enough to curb any impulse purchases
No min deposit that I can see. Looks like 5.2% on 0-$50k.
https://www.australianunity.com.au/banking/savings-accounts/freedom-saver
But yeah, if you want the help with impulse control that’s a different issue and ~0.2% is well worth it.
Ah. I was looking at their term deposits, they do have a 5k min. I’d rather not be able to touch it. But thanks again for the suggestion!