Minimum deposit $1,000
Interest paid at maturity
No monthly fee

With a Fixed Term Deposit you can lock away deposits over $1,000 for a period of up to 3 years, with your interest paid at the end of your term. We offer several different options based on the amount of money you wish to deposit and the length of time you would like to invest for. Each of these options provides a different interest rate.


  • No monthly account service fee
  • A choice of terms from 3 months to 3 years
  • Minimum deposit of only $1,000
  • Interest paid at maturity (term deposits with interest paid monthly or interest paid annually are also available)

For balances over $1 million on any term, please contact us for our best rates.

Rates & Fees

Product Balances less than $5,000 Balances $5,000 < $1,000,000
Special 7 month rate, $5,000 + N/A 4.80 Interest rate
3-5 month term 3.75 Interest rate 3.75 Interest rate
6-11 month term 4.00 Interest rate 4.00 Interest rate
12 month term 4.75 Interest rate 4.75 Interest rate
2 year term 4.20 Interest rate 4.20 Interest rate
3 year term 4.00 Interest rate 4.00 Interest rate
All interest rates quoted are per annum and are calculated on a tiered basis with interest paid on the entire balance at the applicable tiered interest rate. Effective Thursday 7 March 2024
Monthly fee $0
Early redemption fee Calculated as follows: Principal x (Early Redemption Rate of 2.00%) x (days invested/365)
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The fine print

If you choose to withdraw whole or part of the balance of a Term Deposit prior to maturity an early redemption fee may apply. If you wish to add to your term deposit, you can only do so on the maturity date and at the time of reinvestment.

Please be aware that interest rates may change at any time prior to an agreement being entered into.