The Term Investment Account provides investors with a guaranteed rate of return for a fixed term.
It can be opened with a minimum investment of $1,000 and can be added to at the completion of the term. Interest can be reinvested or paid to a nominated account. Funds are capital guaranteed by the Anglican Diocese of Adelaide.
Key features
- A choice of terms.
- Competitive interest rates.
- No entry, exit, transaction or account keeping fees, nor any government charges.
- Online Access is available
- Investments can be made by cheque or by EFT.
Term Investment Interest Rates
30 Days
2.50%
p.a.
60 Days
3.00%
p.a.
90 Days
4.60%
p.a.
6 Month
4.80%
p.a.
12 Month
4.85%
p.a.
Minimum investment $1000. No account fees or charges. Unavailable to Individuals.
Please contact this office for interest rates on amounts over $100,000.
These interest rates are effective from 24/04/2024
Please Note: Funds invested with AFSA’s Community Fund are capital guaranteed by the Synod of the Diocese of Adelaide of the Anglican Church of Australia Inc. ABN 63 198 215 958 ARBN 655 122 133. AFSA is not prudentially supervised by the Australian Prudential Regulation Authority. Therefore, an investor in AFSA will not receive the benefit of the financial claims scheme or the depositor protection provisions in the Banking Act 1959. Investments in AFSA are intended to be a means for investors to support the charitable purposes of the fund. By law, ASIC requires that all Religious and Charitable Development Funds, such as AFSA, advise that investors may be unable to get some or all of their money back when the investor expects or at all, and the investment is not comparable to investments with banks, finance companies or fund managers.