Term deposits

Lock away your savings, lock in a great rate

Term deposits are a great option if you want to get serious about saving. Leave your pot of gold untouched for a set period of time and you’ll be rewarded with guaranteed interest payments.

Term deposit

5.00% p.a.

12 months at maturity term deposit of $1,000 and over

Want to know more?

If you’re ready to kick-start your savings journey, we’d love to chat about how we can help make your savings dreams come true.

Why pick our term deposit?

Banking with us is better. We bank brighter for our customers through great products and offers, genuine customer service and contribution to our community. Here are some of the key features of a term deposit with us.

No fees

We’ve cut set up and monthly fees so you can boost your savings.

Short term options

From three months to three years, we’ve got an option for all savers.

Guaranteed interest

Rest easy with fixed rates and secured interest earnings.

The interest you’ll earn

Curious about how a term deposit could grow your savings? Lucky for you, we’ve got a calculator to help you figure that out.

Try it out

The low-down on our rates


Earn interest annually or on maturity

For Term Deposits above $250,000, reach out to discuss rates.

Term (Interest rate p.a.)Balance of $1,000+
3 months3.60%
100 days4.40%
6 months4.75%
9 months4.85%
12 months5.00%
24 months4.60%
36 months4.50%

Earn a regular income (interest paid every 28 days)

Term (Interest rate p.a.)Balance of $5,000+
36 months4.40%
24 months4.50%
12 months4.90%
6 months4.65%

Know the basics

We’ve said it once and we’ll say it again: saving doesn’t have to be hard. If you’ve been feeling overwhelmed, or would just like a bit of help, we’re here for you. Grab yourself a cuppa and explore some of our tools and guides.

Get the ball rolling

There are so many ways to start your savings journey with us. Reach out in person or on the phone – our team will be happy to help you make a move on your savings!

Different strokes for different folks

It doesn’t matter who you are, what your savings goals are, or what stage of life you’re in. We’ll help you save bigger and earn better so you can reach your dreams – whatever they may be.

Things you should know

Rate, fees and charges and other information correct as at 19 July 2024 and may change without notice.

Terms, conditions, fees, charges and eligibility criteria apply.

Please read the Product Disclosure Statement and Fees & Charges and consider whether this product is right for you. Also available in branch or at 1300 004 863.

To view the Target Market Determination for this product go to Target Market Determinations.

All rates are % per annum. Unapproved debit balances incur interest at 15.90% p.a. calculated daily on full closing balance and debited on the last calendar day of each month.

Download a copy of the Term deposits rates. Find out how to reduce your fees and charges. Download a copy of our Term Investment Renewal Form.