Choose your own timeframe and enjoy the certainty of fixed rates
Your savings are secure
The Government’s Financial Claims Scheme guarantees deposits to a cap of $250,000 per account holder*. More info.
If you’re an existing BankSA customer you may be eligible for a bonus rate on top of our standard rates.
Great for impulse control
Avoid the temptation to dip into your savings by locking away your savings for a fixed term.
You can open a Term Deposit with as little as $1,000.
* A BankSA Term Deposit is a “protected account” under the Australian Government’s Financial Claims Scheme (FCS). Payments under the FCS are subject to a limit for each depositor.
Choose a rate and term
If you’re an existing BankSA customer you may be eligible for a bonus rate on top of our standard rates. In the past you may have needed to go into a branch or give us a call – now you can see any bonus rates you’re eligible for simply by logging into Internet Banking.
You can now renew your Term Deposit online – there’s no need to give us a call or visit a branch. When your Term Deposit matures, you have 14 days to make any changes such as withdrawing your money or reinvesting for a new term.
Did you know you can now open your Term Deposit online?
When you open a Term Deposit online you’ll get access to the same rates as you would in branch. Simply logon to Internet Banking to find a rate that’s right for you. If you’re an existing BankSA customer, you could also be eligible for a bonus rate on top of our standard rates.
Save time and open where you want, when you want.
BankSA guarantees your Internet Banking security with BankSA Secure.
Make tax time easy
Find all your documents to download in one place.
Find out instantly if you’re eligible for a bonus rate