Renew or manage your Term Deposit
Options for a maturing Term Deposit
Check the latest rates, which may include bonus rates, and renew your Term Deposit online, or
Ask to have the funds paid to your BankSA account (or another account in Australia)
You can provide maturity instructions at any time in Online Banking by selecting the account and following the prompts.
Benefits of renewing online
Check for bonus interest, which will include 0.10% p.a. online bonus rate when you renew (or open a new Term Deposit as an existing customer) online
Wide range of term options, so you can choose what suits you best
5.00% p.a. special offer*
5.00% p.a. special Term Deposit fixed rate offer for 12 - 23 months. Available from 10th November 2023 for a limited time only on Term Deposits opened or renewed by BankSA personal and business customers on deposits from $1,000 - $5,000,000 with interest paid monthly. Open or renew online and make it 5.10% p.a. (which includes 0.10% p.a. online bonus rate#).
Rate will not be automatically applied to a renewing Term Deposit. Commercial and Private Bank customers will need to contact their Relationship Manager. You must provide a minimum of 31 days’ notice to access funds prior to maturity (except in cases of hardship). If the deposit or any part of it is withdrawn early, an interest rate adjustment will normally apply. This offer is available via Internet Banking (for existing customers) or by talking to us.