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Can I break a term deposit in a Wealth Accelerator account?

Term deposits allow you to make an investment for a fixed length of time at a rate of return that is determined at the time of investment. The investment is then generally unable to be withdrawn until the term expires.

 

You may request early withdrawal from a term deposit but you should be aware that early withdrawals are subject to the term deposit provider's approval and may include withdrawal restrictions, notice periods and interest reductions. You can send a signed request to contact@netwealth.com.au agreeing to any penalties levied by the term deposit provider, and Netwealth will update you with an answer on the decision and any penalties.  

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