Term deposits

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

Benefits

Guarantee 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.

Our term deposits

Rates subject to change.

Need help choosing a term deposit?

Speak with someone from the team today.

Things you should know

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.