Take advantage of great returns on our term deposits.
Category: Term Deposits Last Updated October 29, 2024 Effective November 1, 2024
Product Features
OtherAdditional Information: No account keeping fee
OtherAdditional Information: A guaranteed rate for terms from 3 to 36 months
OtherAdditional Information: Earn a competitive interest rate on your investment with a minimum opening balance of $1,000 can get you started.
OtherAdditional Information: Interest can be paid fortnight, monthly, 12 monthly or at maturity.
OtherAdditional Information: For deposits of $1,000,000 and over, rates are by negotiation and subject to acceptance.
OtherAdditional Information: We'll send you a written renewal notice before your deposit matures.
OtherAdditional Information: If you want to withdraw your Term Deposit before it matures you'll need to give us 31 days' notice. A reduced rate of interest will apply in these circumstances. For full details refer to our Conditions of Use.
Digital Banking
Product Eligibility
OtherAdditional Information: This product is only available to members who are 50 years or older and part of our Edvest benefit scheme and currently hold an Everyday Direct or Bill Paying account with us.
OtherAdditional Information: You must be a member. Membership is open to current or retired employees of the Australian education sector or family members of members (i.e. shareholders) of the Bank.
Residency Status - Individuals Must Be Citizens Or Permanent Residents Of Australia..
Bank Fees and Charges
Edvest Membership (Periodic), Amount: 30.00. Additional Information: An annual charge debited from the Everyday Direct account on each Edvest membership in January and on a pro-rata basis for new Edvest members.
Paper Statement Fee (Periodic), Amount: 1.55. Additional Information: This fee applies when you have elected to receive a paper statement by post in addition to a statement available to view and download in internet banking. It is in addition to fees for replacement and additional statements. For credit cards, this fee is debited to credit card account on the 7th day of the month after the end of a statement period. For all other accounts, this fee is debited to transaction, savings or loan account in that order on the 15th day of the month after the end of a statement period. Exceptions apply. For more information please refer to our Fees and Charges brochure.
Limitations & Restrictions (Constraints)
Opening Balance of 1000.00
Min Balance of 1000.00
Max Balance of 1000000.00 Additional Information: For deposits of $1,000,000 and over, rates are by negotiation and subject to acceptance.