Bank accounts

Essentials

• Earn up to 5.00% p.a. for a 6 month term deposit

Fixed term deposits are an ideal cash investment – you know exactly what your interest rate is for the duration of the term ¹ 

• No set-up, monthly service or management fees ²
• Interest paid monthly, annually or at maturity ³
• Minimum opening balance of $5,000
• Simple, easy and quick online application form
• Deposits may be used as security for loans or to support bank guarantees⁴. 

How much will I earn? Our term deposit calculator can help you estimate how much interest you'll earn.

Features

Reinvestment options upon maturity

When your term deposit matures, you can reinvest:

• Principal and interest
• Principal and interest, and add more funds
• Principal only and pay out interest
• Part principal and pay out both the remainder of the principal and interest earned.

Access your money

Once your fixed term ends, funds can be withdrawn via:

• Direct credit into any bank account within Australia1
• Cash (at any branch)
• Bank cheque.

 

Rates

Our current Term Deposit rates are shown below. Look out for our latest special rates marked in red. You should note that:

• Interest rates are current as at 21 May 2012
• Rates for new or renewal term deposits are subject to change at any time. However, once a term deposit account is opened the rate applicable to the account will not change unless the deposit or any part of it is repaid early¹
• Special rates are not available in conjunction with any bonus interest or other special rates offered by the bank.

Interest options are:

• Interest paid at maturity is available for terms of 12 months or less
• Interest paid monthly is available for terms of 1 to 60 months (inclusive)
• Interest paid annually is available for terms of greater than 12 months (for terms not equalling an exact year, the remaining interest is paid at the end of the term).

Special rates are highlighted in red.

Interest paid at maturity or annually

Term	$5,000 <$10,000	$10,000 <$20,000	$20,000 <$50,000	$50,000 <$100,000	$100,000 <$250,000
1 < 2 month	2.55% p.a.	2.55% p.a.	2.55% p.a.	2.55% p.a.	2.55% p.a.
2 < 3 months	2.55% p.a.	2.55% p.a.	2.55% p.a.	2.55% p.a.	2.55% p.a.
3 < 4 months	5.00% p.a.	5.00% p.a.	5.00% p.a.	5.00% p.a.	5.00% p.a.
4 < 5 months	3.25% p.a.	3.25% p.a.	3.25% p.a.	3.25% p.a.	3.25% p.a.
5 < 6 months	3.50% p.a.	3.50% p.a.	3.50% p.a.	3.50% p.a.	3.50% p.a.
6 < 7 months	5.00% p.a.	5.00% p.a.	5.00% p.a.	5.00% p.a.	5.00% p.a.
7 < 8 months	3.75% p.a.	3.75% p.a.	3.75% p.a.	3.75% p.a.	3.75% p.a.
8 < 9 months	3.75% p.a.	3.75% p.a.	3.75% p.a.	3.75% p.a.	3.75% p.a.
9 < 10 months	5.00% p.a.	5.00% p.a.	5.00% p.a.	5.00% p.a.	5.00% p.a.
10 < 11 months	3.75% p.a.	3.75% p.a.	3.75% p.a.	3.75% p.a.	3.75% p.a.
11 < 12 months	3.75% p.a.	3.75% p.a.	3.75% p.a.	3.75% p.a.	3.75% p.a.
12 < 24 months	5.00% p.a.	5.00% p.a.	5.00% p.a.	5.00% p.a.	5.00% p.a.
24 < 36 months	5.10% p.a.	5.10% p.a.	5.10% p.a.	5.10% p.a.	5.10% p.a.
36 < 48 months	5.20% p.a.	5.20% p.a.	5.20% p.a.	5.20% p.a.	5.20% p.a.
48 < 60 months	5.30% p.a.	5.30% p.a.	5.30% p.a.	5.30% p.a.	5.30% p.a.
60  months	5.50% p.a.	5.50% p.a.	5.50% p.a.	5.50% p.a.	5.50% p.a.

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Special rates are highlighted in red.

Interest paid monthly

Term	$5,000 <$10,000	$10,000 <$20,000	$20,000 <$50,000	$50,000 <$100,000	$100,000 <$250,000
1  < 2 months	2.35% p.a.	2.35% p.a.	2.35% p.a.	2.35% p.a.	2.35% p.a.
2 < 3 months	2.35%p.a.	2.35% p.a.	2.35% p.a.	2.35% p.a.	2.35% p.a.
3 < 4 months	4.80% p.a.	4.80% p.a.	4.80% p.a.	4.80% p.a.	4.80% p.a.
4 < 5 months	3.05% p.a.	3.05% p.a.	3.05% p.a.	3.05% p.a.	3.05% p.a.
5 < 6 months	3.30%p.a.	3.30% p.a.	3.30% p.a.	3.30% p.a.	3.30% p.a.
6 < 7 months	4.80% p.a.	4.80% p.a.	4.80% p.a.	4.80% p.a.	4.80% p.a.
7 < 8 months	3.55% p.a.	3.55% p.a.	3.55% p.a.	3.55% p.a.	3.55% p.a.
8 < 9 months	3.55% p.a.	3.55% p.a.	3.55% p.a.	3.55% p.a.	3.55% p.a.
9 < 10 months	4.80% p.a.	4.80% p.a.	4.80% p.a.	4.80% p.a.	4.80% p.a.
10 < 11 months	3.55% p.a.	3.55% p.a.	3.55% p.a.	3.55% p.a.	3.55% p.a.
11 < 12 months	3.55% p.a.	3.55% p.a.	3.55% p.a.	3.55% p.a.	3.55% p.a.
12 < 24 months	4.80% p.a.	4.80% p.a.	4.80% p.a.	4.80% p.a.	4.80% p.a.
24 < 36 months	4.90% p.a.	4.90% p.a.	4.90% p.a.	4.90% p.a.	4.90% p.a.
36 < 48 months	5.00% p.a.	5.00% p.a.	5.00% p.a.	5.00% p.a.	5.00% p.a.
48 < 60 months	5.10% p.a.	5.10% p.a.	5.10% p.a.	5.10% p.a.	5.10% p.a.
60 months	5.30% p.a.	5.30% p.a.	5.30% p.a.	5.30% p.a.	5.30% p.a.

Special rates are highlighted in red

For rates on other balances, terms and interest payment frequencies please call 1300 362 742 (8am-8pm, 7 days a week).