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0.85 % p.a.

Interest rate
($5,000 - $99,999)

0.85 % p.a.

Interest rate
($100,000 and over)

0.85 % p.a.

Interest rate
($5,000 - $99,999)

0.85 % p.a.

Interest rate
($100,000 and over)

Competitive returns for your school

It’s important to know that your school’s money isn’t being wasted. That’s why our 120-180 day School Term Deposit features a competitive rate, flexible terms and the support of an ongoing dedicated Relationship Officer to help with anything you need.

Get peace of mind that your school’s money is actually working for you and that you can take one step forward to achieving your goals.

The details:

  • Get a highly competitive interest rate to make the most of your investment.

  • Secure a fixed rate of return, so you know exactly what interest you will earn on your investment.

  • Interest is calculated daily and applied at the completion of your investment.

  • Review your Term Deposit balance using Internet and Phone Banking.

  • Get started with a minimum $5,000 opening deposit.

Feel good knowing your bank gives back

We’re a true alternative to the big 4, and as a customer-owned bank, we put our customers first. We’re proud to support those who make a difference in the community through the Bank First Community Fund. 

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Rates

  • Rates
    120 - 180 Days (l5)
    120 - 180 Days (l5)
    Interest rate (p.a.)
    $5,000 - $99,999
    Interest rate (p.a.)

    0.85%

    $100,000 and over
    Interest rate (p.a.)

    0.85%

Ready to Apply

Applying for a Term Deposit for your school is a journey you shouldn’t go through alone. Our Relationship Officers are here to talk with you about your school’s unique circumstances.

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Speak with your local Relationship officer

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1300 654 822
Important Information
Schools and Preschools Interest Rates effective 23 September 2020.
Interest is calculated daily. Interest rates are per annum, current at the time of printing and are subject to change without notice.