Our goal at Mozo is to help you make smart financial decisions and our award-winning comparison tools and services are provided free of charge. Check the Judo Bank website for more details, terms and conditions.ĭisclaimer Who we are and how we get paid However, the limit is up to $250,000 per account holder. Note, the government's Financial Claims Scheme (FCS) still applies to Judo SMSF term deposits.
To do so, customers will need to supply their SMSF's ABN and nominated external bank account details, and (if the SMSF has a corporate trustee) the trustee's ACN and full name. Judo Bank also offers customers the ability to open a Judo term deposit as a Self-Managed Super Fund (SMSF). Just keep in mind that if you do wish to withdraw your funds before the maturity date, you will need to provide Judo Bank with 31 days notice and your interest may be reduced. And unlike many other term deposits, the Judo Bank Term Deposit allows you to have your interest paid to another bank. You’ll also be able to have interest paid when it suits you best - either monthly, yearly or at maturity. With the Judo Bank Term Deposit, Aussie savers will be able earn competitive interest rates (paid out monthly, annually or at maturity, rates below are for interest paid at maturity) for a range of terms.