Term deposits

Put your money away for a range of terms from one month to five years, and ensure fixed returns on your savings.

Gold Term Deposit 1


for a 12-month fixed term deposit. Interest paid on maturity.

Our term deposits

Rates subject to change.


Secure your return

Lock in a fixed rate for a range of terms from one month to five years.

Consider your options

Enjoy seven calendar days' grace when your deposit matures to work out if you want to withdraw or reinvest.

Start small

Begin investing with as little as $1,000.

What’s the difference between a term deposit and a savings account?


With a savings account, you can access your money at any time, and you earn a variable rate. But to be eligible for this interest rate each month you usually need to meet some requirements (like a monthly deposit or making no withdrawals).

Want some motivation to save or budget?

Need help choosing a term deposit?

Speak with someone from the team today.

  1. Different rates apply to different terms and interest payment frequencies.

For deposits with a term of 12 months or greater you may ask us to pay your interest monthly, quarterly, six monthly or annually; however, the rate applicable may vary depending on the interest payment frequency (note, interest must be paid at least once a year and cannot be paid only at maturity).

Changes aimed at strengthening the banking system mean we require 31 days’ notice if you want to withdraw your funds before the maturity date. This can also affect the interest that we pay you. You can still access your money at maturity and during the grace period.