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deposit rates

General Finance raises rates

General Finance has increased its deposit rates by 50 basis points, taking its headline rate to 5.75% over three years.

Friday, 14 October 2016

Interest is paid quarterly and a compounding option is available.  For deposits of $10,000 or more, clients can opt to have their interest paid monthly.

It offers 5.5% over two years.

General Finance is a licensed non-bank deposit taker, specialising in short term advances, secured over residential property. It does not have a credit rating.

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