Fixed return on your investmentsYou have the security of locking in a fixed rate of return.
Flexible termsYou can choose from a range of terms to suit your needs. Anything from 90 days to 5 years.
Deposit protectionDeposits are protected by the Australian Government’s Financial Claims Scheme (FCS), which guarantees up to $250,000 per account.
Keep track of your investmentView, track and manage your Term Deposit alongside your other accounts via Internet Banking.
No upfront feesNo monthly account or application fees.
Frequently asked questions
Term Deposits are an efficient way to grow your savings. They allow you to invest your money for a fixed term at a competitive rate of return so you know exactly what interest you will earn on your investment.
Interest Rates effective 1 December 2023.
Interest is calculated daily. Interest rates are per annum, current at the time of printing and are subject to change without notice.
2. Subject to our Terms and Conditions, a Term Deposit interest rate reduction applies on early withdrawals, with interest paid at the reduced rate from the date of deposit to the day prior to withdrawal. Where the withdrawal reduces the 'Fixed Term Deposit' balance to an amount that attracts a lesser rate, that lesser rate shall apply for the remainder of the term. Part withdrawals are not permitted on the Interest First Term Deposit product.
5. These rates are for retail customers only and limits may apply.
6. Promotional rate for a limited time only. Interest paid at maturity.