Term Deposit
A great way to reach your savings goals, with no fees and a competitive interest rate locked in for terms from 31 days to 60 months.
Category: Term Deposits Last Updated April 29, 2024 Effective June 23, 2022
Product Features
- Other Additional Information: Interest can be reinvested back into the Term Deposit, paid to your account with us, or paid to another financial institution account.
- Other Additional Information: Manage the Term Deposit maturity instructions from within Internet Banking or our app. Tell us how the principal and interest amounts are to be paid when your Term Deposit matures.
Product Eligibility
- Other Additional Information: To open an account, you must have a valid email address and an Australian mobile number.
- Natural Person Additional Information: To open a Term Deposit, you must be a natural person.
- Min Age - 14. Additional Information: To open an account, you must be 14 years or older.
- Residency Status - To Open An Account, You Must Be Solely A Tax Resident Of Australia..
Bank Fees and Charges
- Voucher/information Retrieval. (Variable), Amount: Not Listed.. Additional Information: Fee charged for voucher/information retrieval by us.
- Audit Certificate (Event), Amount: 35.00.
- Early Redemption Administration Fee (Exit), Amount: 30.00. Additional Information: An Administration fee of $30 is applied at the time of the time of early withdrawal.
Limitations & Restrictions (Constraints)
- Min Balance of 5000.00 Additional Information: Minimum deposit amount of $25,000 applies to new customers, otherwise the minimum is $5,000.
