Interest rates up to

0.65 Percent per annum

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Minimum deposit $1,000
Interest paid at maturity
Covered by Australian Government Deposit Guarantee Scheme

Our fixed term deposits (interest paid on maturity) allow you to lock away deposits over $1,000 for a period of up to 12 months, 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.

For balances over $1,000,000 over any term, please contact us for rates.

If you prefer your interest to be paid monthly, we also have a fixed term deposit with monthly interest

Features

  • No monthly service fees
  • Terms up to 12 months
  • Locked in interest rate on your savings account for a specific period of time
  • Minimum deposit of only $1,000
  • Interest paid at maturity (i.e. when the term is up)
  • Choose to have funds deposited directly to your account on maturity, reinvest in a new term deposit or receive your funds as a cheque
  • Covered by the Australian Government Deposit Guarantee Scheme

Rates & Fees

Special 9 month rate, $5,000 + 0.65Interest rate
3-5 month term, balances less than $5,000 0.50Interest rate
6-11 month term, balances up to $5,000 0.50Interest rate
12 month term, balances less than $5,000 0.50Interest rate
3-5 month term, balances $5,000 < $1,000,000 0.50Interest rate
6-11 month term, balances $5,000 < $1,000,000 0.50Interest rate
12 month term, balances $5,000 < $1,000,000 0.50Interest rate
Effective date from Wednesday 30 December 2020
Fees
Monthly fee $0
Early redemption fee Fee applies
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The fine print

Please be aware that interest rates may change at any time without agreement. 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. Fees and charges are payable. Normal lending criteria, terms and conditions apply and are available on request. Before acquiring this product, the information above should be read in conjunction with the following documents to determine if this product is right for you: Fixed Term Deposit brochure; Fees and Charges brochure; Membership and Deposit Account Conditions of Use; and Deposit Interest Rates Schedule.

Note: Rates above are available for interest paid monthly for aged pensioners and self-funded retirees with the exception of the Special Fixed Term Deposit Interest Rate. Eligibility will be confirmed on application.