Look at the $200,000 you have. If you choose a different way of saving, how much interest do they each get in three years? Let's count。

What's the interest rate for a three-year term of 200,000

FIRST, LET'S LOOK AT THE CURRENT DEPOSIT. THE INTEREST RATE FOR THIS DEPOSIT IS 0.2%, AND IF YOU CHOOSE TO PUT 200,000 IN DEMAND, YOU CAN GET $1,200 IN INTEREST AFTER THREE YEARS。

THEN LET'S LOOK AT THE MORE POPULAR TERM DEPOSITS. IN TERM DEPOSITS, INTEREST VARIES ACCORDING TO THE MANNER. IN THE CASE OF FULL ACCESS, THE INTEREST RATE IS 1.951 TP3T, WHICH MEANS THAT $200,000 CAN EARN INTEREST OF $11,700 AFTER THREE YEARS. THE INTEREST RATE FOR THREE YEARS WAS 1.35% IN THE FORM OF ZERO-ACCESS, ZERO-ACCESS, ZERO-ACCESS, AND INTEREST, WITH INTEREST OF $8,100 IN THE CASE OF THREE YEARS。

ONE MORE ROUTE, THAT'S THE WAY TO LIVE. THIS IS DONE AT A SIX-OFF RATE OF REGULAR ROUND-UPS WITHIN ONE YEAR, AT A REGULAR ROUND-TRIP RATE OF 1.451 TP3T, AND AFTER THREE YEARS YOU WILL RECEIVE $5220 IN INTEREST。

AND FINALLY, WE'RE TALKING ABOUT BIG BILLS. INTEREST RATES ARE HIGHER, ALTHOUGH THE AMOUNT OF THE DEPOSIT IS LARGER. THE INTEREST RATE FOR THE THREE-YEAR PERIOD REACHED 2.351 TP3T, WHICH ALSO MEANT THAT THE INTEREST RATE OF $200,000 AFTER THE THREE-YEAR PERIOD WAS $14,100。

After the expiry of the deposit period, if the choice is not made, then there will generally be two situations. One is to set up an automatic transfer, so that the funds will automatically be transferred to the new term term deposit upon maturity and the interest rate on the term deposit will still be available; the other is that, if no operation is carried out, the bank will convert its default into a demand deposit and benefit from the current interest。