With a Term Deposit your money is invested for a fixed period of time with a guaranteed rate of return. Term deposit rates vary depending on the amount you invest and the length of time.
Category: Term Deposits Last Updated March 18, 2025 Effective March 21, 2025
Product Features
NotificationsAdditional Information: We'll send you a term deposit renewal notice 2 weeks before it matures, not only as a reminder but to also explain what you can do next.
OtherAdditional Information: Backed by the Government Deposit Guarantee for deposits up to $250,000
OtherAdditional Information: Automatically rollover your existing Term Deposit at the rate of interest relevant to the new term that you select, or we will re-invest the principal and interest in accordance with the account instructions we received from you when the Term Deposit was established.
OtherAdditional Information: Early withdrawal will be allowed at the discretion of the Bank on 31 days notice. Reduced interest rates may apply.
Product Eligibility
Residency Status - Permanent Resident. Additional Information: You must be an Australian resident
Natural Person
Bank Fees and Charges
Monthly Account Fee (Periodic), Amount: 5.00. Additional Information: Members are exempt from the monthly fee if they: A) Maintain a minimum business balance of $5,000 which is the combined balance of all deposits and borrowings, at all times throughout the month B) Are under 25 years or over 65 years C) Have held their membership for less than 3 months. D) Have zero VISA debit transactions for the month which includes ATM, eftpos, paywave, digital wallet, online an
Paper Statement Fee (Periodic), Amount: 2.00. Additional Information: A fee charged to cover the cost of producing and sending paper statements