It doesn’t take long for the truth to hit home: bills don’t stop arriving when you stop working. It’s what inspired us to develop the Bank of us Regular Income Investment Account.
You’ll find it’s a great way to make the most of your retirement income.
All you need is $5,000 or more, and be ready to invest it for a fixed term of one or two years. You'll then start receiving interest payments every month, credited directly to your nominated Bank of us everyday account, or re-invested, your choice.
Minimum deposit of $5,000 required and a minimum account balance of $1,000 must be maintained. Additional deposits can be made at any time (minimum $1,000). Withdrawals permitted only on maturity.
Please note: We don’t normally permit any withdrawals during the term of your investment. However, let us know about any special circumstances – and we’ll give consideration to an early withdrawal. Any such withdrawal will attract a reduced interest rate.
At Bank of us we think that a good investment deserves to be rewarded with fee-free everyday banking.
So as long as you keep a balance of $10,000 or more in investments or savings with us, your everyday banking will be completely fee-free with our Everyday Advantage account. It's that simple.
You can open an everyday account online or in-branch today.
Please note this information does not take into account your personal circumstances and is general advice only. Before opening any Bank of us account, please read the Account & Access Facility Conditions of Use and our Schedule of Fees and Charges and decide if the account is right for you. Interest rates are subject to change without notice and should be verified with your local Bank of us branch.
* To open a term deposit online, you must be a current client of Bank of us; be 16 years of age or older; be signed up for Bank of us internet banking; and open the account in your individual name or as a joint account holder with another client (individual). Accounts cannot be opened in names other than those of an
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