Set up your term deposit
Apply in a branch, or call us if you’re an existing customer. Choose a term that suits you and transfer your chosen amount (minimum $5,000) into your term deposit, and watch your money earn interest.
Plan for your future
This term deposit can be opened in a personal name or in the name of a self-managed super fund.
Consider your options
Enjoy seven calendar days' grace when your deposit matures to work out if you want to withdraw or reinvest.
Build wealth
Invest from $5,000 up to $2,000,000.
Set up your term deposit
Apply in a branch, or call us if you’re an existing customer. Choose a term that suits you and transfer your chosen amount (minimum $5,000) into your term deposit, and watch your money earn interest.
Once your term deposit matures
You have seven days' grace period to decide whether you want to withdraw your funds or reinvest them. If you do nothing by the end of your grace period, your funds will be automatically reinvested at the same term at the rate applicable at the time of maturity.
If your situation changes
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. 1
Term |
Maturity/ Annually |
Half-yearly | Quarterly | Monthly |
---|---|---|---|---|
1 month | 0.05% p.a. | - | - | - |
2 months | 0.20% p.a. | - | - | - |
3 months | 0.35% p.a. | - | - | - |
4 months | 0.35% p.a. | - | - | - |
5 months | 0.35% p.a. | - | - | - |
6 months | 0.55% p.a. | - | - | - |
7 months | 0.40% p.a. | - | - | - |
8 months | 0.40% p.a. | - | - | - |
9 months | 0.40% p.a. | - | - | - |
10 months | 0.40% p.a. | - | - | - |
11 months | 0.40% p.a. | - | - | - |
12 months |
0.55% p.a. |
0.55% p.a. |
0.55% p.a. |
0.55% p.a. |
24 months |
0.50% p.a. |
0.50% p.a. |
0.50% p.a. |
0.50% p.a. |
36 months |
0.50% p.a. |
0.50% p.a. |
0.50% p.a. |
0.50% p.a. |
48 months |
0.50% p.a. |
0.50% p.a. |
0.50% p.a. |
0.50% p.a. |
60 months |
0.50% p.a. |
0.50% p.a. |
0.50% p.a. |
0.50% p.a. |
Check your eligibility
Already bank with us? Call 13 17 19.
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).
Our other term deposit might be more your style.