Terabank’s deposit range gives savers three core options. The Term Deposit offers fixed terms and competitive interest for short- or long-term goals, while the Increasing Deposit lets customers add to their savings through monthly installments.
The Flex Deposit adds flexibility, allowing early access to funds while still earning competitive interest — useful for savers who may need their money before maturity.
What's good
- Flex deposit allows early access
- Increasing deposit supports regular saving
Trade-offs
- Term deposit locks funds
- Rates not published online
