Choose a timeframe. Deposit your money.
Know the outcome.
Enjoy the certainty of knowing
your investment return.
Invest with the certainty of a fixed interest rate. If you're happy to lock away funds for a set period of time, a term deposit will give you certainty of a fixed interest rate along with a choice of terms from one month to five years.
You also get
Feature rate
2.45 ^{%} _{P.A.}
for 12 months
Special offer
On balances between $1,000 and $250,000 with interest paid on maturity.
Calculate a term deposit interest rate
Results are estimates only based on the accuracy of the information provided. The actual amounts may be higher or lower. We cannot predict things that will affect your decision such as movements in interest rates. Any calculation made by you using this calculator is intended as a guide only. This calculator is not intended to be your sole source of information when making a financial decision. You should consider whether you should get independent advice. We are only providing you with factual information and not any advice. Read your product T&Cs before deciding. It’s your decision whether this product is right for you.
Our Term Deposits have
no setup, monthly or transaction fees
If you break your term, you must give 31 days notice and there are conditions and penalties. Please read the detailed terms and conditions before making a decision.
Our best interest rates

2.15% p.a. for 6 months with interest paid at maturity

2.50% p.a. for 24 to less than 36 months with interest paid annually

2.70% p.a. for 48 to less than 60 months with interest paid annually
$1,000 to less than $5,000  $5,000 to less than $20,000  $20,000 to less than $50,000  $50,000 to less than $100,000  $100,000 to less than $250,000  

1 to less than 2 months  1.50% p.a.  1.50% p.a.  1.50% p.a.  1.50% p.a.  1.50% p.a. 
2 to less than 3 months  1.70% p.a.  1.70% p.a.  1.70% p.a.  1.70% p.a.  1.70% p.a. 
3 to less than 4 months  2.05% p.a.  2.05% p.a.  2.05% p.a.  2.05% p.a.  2.05% p.a. 
4 to less than 5 months  1.85% p.a.  1.85% p.a.  1.85% p.a.  1.85% p.a.  1.85% p.a. 
5 to less than 6 months  1.85% p.a.  1.85% p.a.  1.85% p.a.  1.85% p.a.  1.85% p.a. 
6 to less than 7 months  2.15% p.a.  2.15% p.a..  2.15% p.a.  2.15% p.a.  2.15% p.a. 
7 to less than 8 months  1.90% p.a.  1.90% p.a.  1.90% p.a.  1.90% p.a.  1.90% p.a. 
8 to less than 9 months  1.90% p.a.  1.90% p.a.  1.90% p.a.  1.90% p.a.  1.90% p.a. 
9 to less than 10 months  1.90% p.a.  1.90% p.a.  1.90% p.a.  1.90% p.a.  1.90% p.a. 
10 to less than 11 months  1.90% p.a.  1.90% p.a.  1.90% p.a.  1.90% p.a.  1.90% p.a. 
11 to less than 12 months  1.90% p.a.  1.90% p.a.  1.90% p.a.  1.90% p.a.  1.90% p.a. 
12 months  2.45% p.a.  2.45% p.a.  2.45% p.a.  2.45% p.a.  2.45% p.a. 
How to open a Term Deposit account
Read the Terms and Conditions
Give yourself a few minutes
Have your Tax File Number (TFN) ready
Frequently asked questions
Deposits
 Fund or add funds when you reinvest your Term Deposit at maturity using BPAY®.
Withdrawals
 If you wish to withdraw funds prior to maturity, you must provide a minimum 31 days’ notice from 01/01/2015 (except in cases of hardship). Interest rate adjustments will normally apply where funds are withdrawn prior to maturity. See our Terms and Conditions for more details.