Term Deposits

Features

  • Investment terms available from 3 months to 5 years
  • Freedom to choose when your interest is paid - fortnightly, monthly, annually or at maturity
  • No monthly account fees
  • Interest calculated daily

Rates based on interest paid at maturity/annually

Interest on investments ranging from 3-12 months (inclusive) are paid at maturity.

Interest on investments greater than 12 months are paid annually.

Term $2,000 - $9,999 $10,000 - $99,999 $100,000 - $249,000 $250,000 - $1,000,000
3 Months 0.35% pa 0.45% pa 0.45% pa 0.50% pa
6 Months 0.40% pa 0.45% pa 0.50% pa 0.55% pa
9 Months 0.45% pa 0.50% pa 0.55% pa 0.55% pa
12 Months 0.45% pa 0.50% pa 0.55% pa 0.60% pa
18 Months 0.50% pa 0.55% pa 0.60% pa 0.65% pa
24 Months 0.60% pa 0.65% pa 0.70% pa 0.75% pa
36 Months 0.60% pa 0.65% pa 0.70% pa 0.75% pa
48 Months 0.60% pa 0.65% pa 0.70% pa 0.75% pa
60 Months 0.60% pa 0.65% pa 0.70% pa 0.75% pa

 

Monthly and fortnightly interest payments are available on all terms up to 60 months at 0.15% p.a. less than the interest rates listed in the table above.

Useful Links

Eligibility criteria, terms and conditions, fees and charges apply.

Interest rates current as at 9 November 2021 and are subject to change without notice.

Minimum deposit of $2,000 applies. Interest (at your chosen frequency) is paid from your Term Deposit to your nominated bank account. For amounts over $1,000,000, please contact us on 13 77 28 for rates and availability. If your Term Deposit is set to reinvest, it will continue to reinvest until you advise otherwise. Interest rates are subject to change at any time. If you withdraw your Term Deposit before maturity, you may need to give us 31 days’ notice. Early redemption fees apply which includes an interest rate reduction.

Target Market Determination is available here.

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