For term deposits under 9 months interest is paid at maturity. Our 9-month Term Deposit has interest paid quarterly. For term deposits 1 year and longer, interest is paid 6 monthly.
When you set up a term deposit, you can choose either to have interest compounding (added back in to the principal), paid directly to a Christian Savings on call account or paid directly to your nominated bank account.
If you have a term deposit of 1 year or longer and would like to receive interest payments monthly or quarterly. Please contact our team and we’ll see what we can do.