Term Deposit Accounts

Invest your money for a fixed term and be confident in knowing that your money is locked away with a competitive fixed interest rate.

View interest rates Manage your rollover

Make your money work harder

We offer a range of terms to suit your needs, anything from 90 days to 5 years.

4.00^%_p.a

90 days Term Deposit

4.05^%_p.a

180 days Term Deposit

Minimum deposit $500

Request a callback Apply now

Interest rates

Under 1 Year

Term Deposits

Interest calculated daily^1,2

	$500 and over
30 days (I18) – product no longer available for new accounts	0.75%
60 days (I17) – product no longer available for new accounts	1.00%
90 days (I16)	4.00%
120 days (I7)	4.00%
180 days (I15)	4.05%
270 days (I1)	3.95%

Interest First Term Deposit

Interest calculated daily^1,2

	$500 and over
150 days (I55) – product no longer available for new accounts	2.95%

Loading content…

Term Deposits
Interest calculated daily^1,2

$500 and over
1 year (I12)
4.05%
2 years (I24)
3.50%
3 years (I36)
3.50%
4 years (I48)
3.50%
5 years (I60)
3.50%
Regular Income Term Deposit
Interest calculated daily^1,2

$5,000 and over
1 year (I3)
3.95%

Loading content…

	$500 and over
1 year (I12)	4.05%
2 years (I24)	3.50%
3 years (I36)	3.50%
4 years (I48)	3.50%
5 years (I60)	3.50%

	$5,000 and over
1 year (I3)	3.95%

The details

Fixed return on your investments
You have the security of locking in a fixed rate of return.
Flexible terms
You can choose from a range of terms to suit your needs. Anything from 90 days to 5 years.
Deposit protection
Deposits are protected by the Australian Government’s Financial Claims Scheme (FCS), which guarantees up to $250,000 per account.
Keep track of your investment
View, track and manage your Term Deposit alongside your other accounts via Internet Banking.
No upfront fees
No monthly account or application fees.
Open your Term Deposit in minutes via Internet Banking
Open your Term Deposit via Internet Banking in 5 simple steps if you are an existing member.

How to apply

Ready to apply or need help choosing the right Term Deposit for you? We’re here to talk with you about your unique circumstances and recommend the best account for your needs.

Loading content…

Apply onlineApply online

It's quick and easy to get started online.

Loading content…

Apply now

Existing customer?Existing customer?

Manage your Term Deposits within Internet Banking.

Loading content…

Apply now

Call usCall us

We're here to help. Speak to a specialist today.

Loading content…

Call 1300 654 822

Frequently asked questions

Term Deposits are an efficient way to grow your savings. They allow you to invest your money for a fixed term at a competitive rate of return so you know exactly what interest you will earn on your investment.

Loading content…

Term Deposits are a cash investment that are invested for a fixed amount of time. When you apply, you decide how long you want the money invested, anywhere from 90 days to 5 years. The interest rate you earn depends on the length of the fixed term you choose.
Loading content…
1. Login to Internet Banking
2. Select Accounts
3. Select Open Term Deposit
4. If you wish to open a joint Term Deposit, select 'Add a new Applicant' and they’ll be required to log into their Internet Banking, or to open a Term Deposit as an individual. Click next
5. Read and accept the General Terms and Conditions
6. Select the deposit amount
  $500.00 - $19,999.00
  $20,000.00 - $49,999.00
  $50,000.00 - $99,999.00
  $100,000.00 - $9,999,999.00
7. Select your term, 90 days to 5 years
8. Select the highlighted interest rate
9. Select the account to Transfer funds from an internal account
10. Enter your amount
11. Choose what you would like to do at the end of the term:
12. Choose what you would like to do with your interest:
  Rollover term deposit
  Transfer funds
13. Once you ensure all your details are correct, select confirm and the Term Deposit will be opened
Loading content…
Interest is calculated daily. The daily percentage rate is the Annual Percentage Rate divided by 365.
Loading content…
When your Term Deposit matures, the bank automatically renews the principal amount and the interest earned for the same term at the current interest rate. View the latest Term Deposit Interest Rates. Please note that after your Term Deposit automatically renews, an interest rate penalty reduction may apply to any early withdrawal. For more information, please see our Terms and Conditions.
If your Term Deposit is maturing soon and you don’t want it to automatically renew, it’s easy to provide us with your instructions. You don’t need to call us or visit a branch. Simply let us know your Term Deposit maturity instructions by completing the Term Deposit Maturity Instructions Form. It only takes a few minutes. It’s that quick!
If you have a Term Deposit maturing soon which requires two authorised signatures, please download, complete and return the Two to Sign – Term Deposit Maturity Instructions Form.
Instructions will be accepted up to five business days after maturity.
Loading content…
1. A reduction in the interest paid will apply to the amount withdrawn. When the Term Deposit is invested for a term of up to two years we will require 31 days advance written notice. When the Term Deposit is invested for a term of more than two years the following will apply:
  Where the investment period at the time of withdrawal has been 2 years or less we will require 31 days advance written notice; or
  Where the investment period at the time of withdrawal has been more than 2 years we will require 7 days advance written notice.
2. For early withdrawals of a part or full amount of a Term Deposit the interest accrued or paid to that date will reduce as follows:
Percentage of Term Remaining
Interest Rate Reduction
0-19.99%
20%
20-39.99%
40%
40-59.99%
60%
60-79.99%
80%
80-100%
90%
We may recover the interest deduction by charging this to the balance of your Term Deposit or any other deposit account you hold with us.

For assistance, please contact us and one of our friendly Member Service Consultants can calculate the interest adjustment with you.
Loading content…
It’s quick and easy to provide us with your instructions. You don’t need to visit a branch or call us. Simply let us know your maturity instructions by completing an online form, paper form or through Internet Banking. Instructions to change your Term Deposit will be accepted up to five business days after maturity.
Option 1: Online Term Deposit Maturity Instruction Form
If you’d like to add or remove funds from your Term Deposit, change your term or redeem your deposit at maturity, please complete the short Term Deposit Maturity Instructions Form.
Option 2: Internet Banking Term Deposit Maturity Instructions
Alternatively, you can provide your instructions through Internet Banking as follows:
1. Login to Internet Banking
2. Select Accounts
3. Select Term Deposit Maturity Instructions
4. Enter your Member Number and Term Deposit Number
5. Select what you would like to do with the funds and provide details (as required)
Option 3: Two to sign – Term Deposit Maturity Instruction Form.
If you have a Term Deposit maturing soon which requires two authorised signatures, please download, complete and return the Two to Sign – Term Deposit Maturity Instructions Form.
Loading content…
Additional deposits can be made to an existing Term Deposit within five business days before or after maturity. Deposits received at any other time will be accepted as a separate deposit under the Terms and Conditions prevailing at the time.

Please contact us if you would like to invest additional funds.
Loading content…

Percentage of Term Remaining	Interest Rate Reduction
0-19.99%	20%
20-39.99%	40%
40-59.99%	60%
60-79.99%	80%
80-100%	90%

Terms and Conditions

Loading content…

Important Information

Deposits are protected by the Australian Government’s Financial Claims Scheme (FCS), which guarantees up to $250,000 per account.

Interest Rates effective 18 November 2025.

Interest is calculated daily. Interest rates are per annum, current at the time of printing and are subject to change without notice.

Subject to our Terms and Conditions, a Term Deposit interest rate reduction applies on early withdrawals, with interest paid at the reduced rate from the date of deposit to the day prior to withdrawal. Where the withdrawal reduces the 'Fixed Term Deposit' balance to an amount that attracts a lesser rate, that lesser rate shall apply for the remainder of the term. Part withdrawals are not permitted on the Interest First Term Deposit product.
These rates are for retail customers only and limits may apply.

Loading content…

Youth Banking

Home Loan Repayments Calculator

Home and Contents Insurance

Banking

Youth Banking

Loans

Home Loan Repayments Calculator

Insurance

Home and Contents Insurance

Term Deposit Accounts

Interest rates

Term Deposits

Interest First Term Deposit

Term Deposits

Regular Income Term Deposit

The details

Fixed return on your investments

Flexible terms

Deposit protection

Keep track of your investment

No upfront fees

Open your Term Deposit in minutes via Internet Banking

How to apply

Apply onlineApply online

Existing customer?Existing customer?

Call usCall us

Frequently asked questions

Term Deposits

Interest First Term Deposit

Term Deposits

Regular Income Term Deposit