Term deposit

Available for terms of 3 months - 5 years, our term deposits are an investment where the interest rate is guaranteed for the nominated term so you'll know exactly what your investment's worth. 


You can enjoy the following benefits:

  • competitive interest rates1
  • interest is calculated daily and paid annually and on maturity
  • range of terms to choose from
  • select an interest payment option
  • no management or account keeping fees
  • funds are capital guaranteed up to $250,000


Features of our Term Deposit include:

  • 3-60 months fixed terms are available
  • minimum deposit $5,000
  • Interest calculated daily

Rates & fees


 Term duration Interest paid on maturity or annually
3 months
4 months
5 months
6 months
7 months
8 months
9 months
10 months
11 months
12 months
18 months
24 months
36 months
48 months
60 months

3 to 60 month terms, minimum deposit $5,000. Interest is calculated daily and credited annually and on maturity. Available rates are effective 6 March 2020 and subject to change at any time.

Fees & Charges

Refer to Fees & Charges (PDF) for information on current fees & charges.

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Before you apply...

Remember to read the Terms and Conditions, Fees and Charges (PDF) and the Financial Services Guide (PDF) which tells you about us and the services we offer.

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Important advice on early withdrawals

The withdrawal of funds prior to the maturity period requires the prior agreement of the bank and your investment may be subject to a reduction in the interest rate.

Important advice on maturity notices

As a term deposit account holder, you will be sent maturity notices at least one week prior to the maturity date, along with our current interest rates. If your maturity instructions are not received prior to maturity date, your deposit will be renewed in a new fixed term deposit for the same or similar term and interest will be paid in accordance with previous instructions.

Important advice on early redemptions

Deposits cannot generally be withdrawn prior to maturity. However, we may (at our discretion) agree to a request for the full or partial redemption of a deposit prior to the expiry of its full term. If an early redemption is required, your request must be made in writing to us - advising the amount that is needed, the reason and the withdrawal details. If the account is held in joint names, all parties are to sign the request, regardless of the method of operating the account. Please note that we may (at our discretion) apply an interest rate reduction.

Term certificates

Confirmation of your deposit will be sent to you in the form of a Term Certificate. Certificates are issued following initial lodgement and after each renewal.

BSB: 704 230

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