Fixed Term Investment.
Term investments provide a low maintenance way to invest for the future.
We provide term investments for any term from three months to three years the choice is yours.
No matter what you’re saving for, a term investment is a simple way of making a commitment to reach your savings goal.
Don’t forget the added benefit of investing with UC Invest: the satisfaction of knowing that you’re actively supporting your Uniting Church and the wider community, simply by investing.
You should know.
- One fixed rate from the time we accept your investment until maturity
- Choose an investment term from 3 months to 3 years
- You cannot add or withdraw funds at any time during the term of the investment
- Every dollar you invest is assisting the Uniting Church SA
Getting started.
If you have questions, please reach out to us. We are always happy to help.
Key features.
- $1,000 minimum balance
- Interest is calculated daily
- Interest is credited half yearly for all terms of 12 months or longer
- Credited at maturity for all terms less than 12 months
- An Early Redemption Fee may apply
- Refer to our Fee Schedule for information about possible fees and charges
Rates & Fees.
Personal Investment Application.
Company, Trust and Other Investor application forms.
Information Disclosure Documents.
The following documents contain important information for personal and other retail investors. Before applying for an investment product or service from UC Invest you should read and understand the information provided in these documents and consider the appropriateness of the product or service having regard to your particular objectives, financial situation and needs.
Ways to Transact.
- Once you open a Fixed Term Investment, any transactions must wait until the end of your term.
- If you do require your funds prior to maturity, an early redemption fee may apply. See rates and fees for more details.
Get in touch with our investor relations team.
Contact us today and Catherine or Lou will be happy to assist you with your query.
Frequently Asked Questions by Investors About Fixed Term Investment.
Fixed Term Investment (FAQ)
What is a Fixed Term Investment?
A Fixed Term Investment lets you invest your money for a set period at a fixed interest rate.
Once your investment begins, your rate stays the same until the end of the term.
How long can I invest for and what is the minimum investment?
What are the current interest rates and fee schedule?
Is the interest rate fixed?
How is interest calculated and paid?
Interest is calculated daily based on your balance.
- For terms under 12 months, it is paid at maturity
- For terms of 12 months or longer, it is paid every 6 months and at maturity
Where is my interest paid?
You can choose to have your interest:
- Reinvested into your investment
- Paid into another UC Invest account in your name
- Paid into your nominated external bank account
Interest is usually paid at maturity or every 6 months (for longer terms).
If paid to your external bank account, it may be paid more frequently, such as monthly or quarterly.
Can I access my money during the term?
No. Once your Fixed Term Investment begins, you won’t be able to add to or withdraw from it until the end of the term.
Can I withdraw early if I need to?
Early withdrawals may be considered in limited circumstances, but approval is required and an early redemption fee may apply.
What happens at the end of the term?
Before your investment matures, we’ll contact you with your options. You can choose to withdraw your funds or reinvest for a new term.
You’ll also have a 14-day grace period after maturity to make changes to your investment without penalty.
What is the grace period?
After your Fixed Term Investment reaches maturity, you have a 14-day grace period to decide what you’d like to do next such as withdrawing your funds or reinvesting.
During this time, you can make changes without penalty.
Can I add more money after opening the investment?
No. Once your Fixed Term Investment is set up, you cannot add additional funds during the term.
Can I manage my investment over the phone?
Yes. If you’re registered for Telephone Transfer Service (TTS), you can give instructions by phone, such as:
- Reinvesting or closing your investment at maturity
- Changing your term or moving to a different product
- Updating how your interest is paid
For security reasons, some requests may still need to be confirmed in writing.
Can I view my investment online?
Yes. If you have access to UC Invest Online, you can view your balances, transactions, and statements.
What should I consider before investing?
A Fixed Term Investment is designed to be held for the full term. You won’t be able to access your funds during this time, so it’s important to only invest money you won’t need in the short term.
Can I add more money after opening the investment?
No. Once your Fixed Term Investment is set up, you cannot add additional funds during the term.
Is a Fixed Term Investment right for you?
A Fixed Term Investment may suit you if you:
- Want a fixed interest rate you can rely on
- Are comfortable locking your funds away for a set period
- Don’t expect to need access to this money during the term
- Prefer certainty over flexibility
It may not be the right fit if you:
- May need access to your money in the short term
- Prefer the flexibility to withdraw or add funds at any time
- Are unsure about committing to a fixed timeframe
If flexibility is important, consider a 31-Day Notice Account instead.