RBA Cash Rate: 4.35% · 1AUD = 0.67 USD · Inflation: 4.1%  
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Example Interest Rates: Home Loan Variable: 5.69% (5.89%*) • Home Loan Fixed: 5.39% (6.59%*) • Fixed: 5.39% (6.59%*) • Variable: 5.69% (5.89%*) • Investment IO: 5.69% (6.48%*) • Investment PI: 5.39% (6.59%*)

  Term Deposit

With a Term Deposit your money is invested for a fixed period of time with a guaranteed rate of return. Term deposit rates vary depending on the amount you invest and the length of time.
Category: Term Deposits  Last Updated October 3, 2024  Effective November 1, 2024

 Product Features

  • Notifications Additional Information: We'll send you a term deposit renewal notice 2 weeks before it matures, not only as a reminder but to also explain what you can do next.
  • Other Additional Information: Backed by the Government Deposit Guarantee for deposits up to $250,000
  • Other Additional Information: Automatically rollover your existing Term Deposit at the rate of interest relevant to the new term that you select, or we will re-invest the principal and interest in accordance with the account instructions we received from you when the Term Deposit was established.
  • Other Additional Information: Early withdrawal will be allowed at the discretion of the Bank on 31 days notice. Reduced interest rates may apply.

 Product Eligibility

  • Residency Status - Permanent Resident. Additional Information: You must be an Australian resident
  • Natural Person

 Bank Fees and Charges

  • Monthly Account Fee (Periodic), Amount: 6.00. Additional Information: Account fee charged when minimum monthly value is less than $5,000 includes combined balances of savings, term deposits and loans
  • Bank Cheque Fee (Withdrawal), Amount: 10.00. Additional Information: A fee charged when a bank cheque is drawn on your account
  • Paper Statement Fee (Periodic), Amount: 2.00. Additional Information: A fee charged to cover the cost of producing and sending paper statements

 Limitations & Restrictions (Constraints)

  • Min Balance of 1000.00
  • Opening Balance of 1000.00

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Download our complimentary 650-page guide on marketing for mortgage brokers. We'll show you exactly how we generate billions in volume for our clients.
Finance Guide, Cropped Top and Bottom
  Timezone: 1 · [ CHANGE ]

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Download our complimentary 650-page guide on marketing for mortgage brokers. We'll show you exactly how we generate billions in volume for our clients.
Finance Guide, Cropped Top and Bottom
  Timezone: 1 · [ CHANGE ]

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