Get interest paid earlier, not later
Our Interest First Term Deposit pays you interest on the day you open the account, rather than on the last day of your fixed term.
Learn moreMin. deposit $5,000
Min. deposit $5,000
Invest your money for a fixed term and be confident in knowing that your money is locked away with a competitive fixed interest rate. We offer a range of terms to suit your needs, anything from 30 days to 5 years.
Fixed return on your investments
You have the security of locking in a fixed rate of return.
Deposit protection
Deposits are protected by the Australian Government’s Financial Claims Scheme (FCS), which guarantees up to $250,000 per account.
No upfront fees
No monthly account or application fees.
Flexible terms
You can choose from a range of terms to suit your needs. Anything from 30 days to 5 years.
Keep track of your investment
View, track and manage your Term Deposit alongside your other accounts via Internet Banking.
Our Interest First Term Deposit pays you interest on the day you open the account, rather than on the last day of your fixed term.
Learn more0.25%
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0.65%
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0.55%
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0.55%
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0.55%
0.55%
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0.65%
0.55%
0.55%
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Term Deposits are a cash investment that are invested for a fixed amount of time. When you apply, you decide how long you want the money invested, anywhere from 30 days to 5 years. The interest rate you earn depends on the length of the fixed term you choose.
Interest is calculated daily. The daily percentage rate is the Annual Percentage Rate divided by 365.
If you haven’t provided us specific instructions for when your term deposit matures, it will automatically be rolled over for the same term at the interest rate applicable on the date of maturity.
Ready to apply or need help choosing the right Term Deposit for you? We’re here to talk with you about your unique circumstances and recommend the best account for your needs.
For more help and support, please view our Term Deposit FAQs.
Interest is calculated daily. Interest rates are per annum, current at the time of printing and are subject to change without notice.
2. Subject to our Terms and Conditions, a Term Deposit interest rate reduction applies on early withdrawals, with interest paid at the reduced rate from the date of deposit to the day prior to withdrawal. Where the withdrawal reduces the 'Fixed Term Deposit' balance to an amount that attracts a lesser rate, that lesser rate shall apply for the remainder of the term. Part withdrawals are not permitted on the Interest First Term Deposit product.
5. These rates are for retail customers only and limits may apply.