Get an even better rate for your savings
Flexible benefits and features
|No account keeping or establishment fees|
|Lock in a rate for the investment term|
|Terms ranging from 31 days - 24 months|
|Interest paid monthly (12 & 24 months only)|
|Protected by Government guarantee*|
Our Term Deposit rates
Personal rates (interest paid on maturity)
|31 day term||0.50% p.a.|
|3 month term||0.70% p.a.|
|6 month term||0.70% p.a.|
|9 month term||0.80% p.a.|
|12 month term||0.92% p.a.|
|24 month term||1.10% p.a.|
Personal rates (interest paid monthly)
|12 month term||0.87% p.a.|
|24 month term||1.05% p.a.|
Frequently asked questions
- No account establishment fees
- No monthly account keeping fees
For a full list of fees and charges, please view our Schedule of Fees and Charges (available within General Information below).
Online applications take less than 5 minutes. Provided we’ve been able to verify your identify online, account details will be emailed to you within 15 minutes.
To open an account, you need to:
- be 14 years or older
- have an Australian mobile number and a valid email address
- have an Australian residential address, and
- be solely an Australian resident for taxation purposes.
You can also apply for an account with us if you’re a non-personal entity, such as a company, trust, or an association.
Interest is calculated daily and paid:
- at maturity (for terms up to 12 months)
- monthly or at maturity (for 12 month terms), or
- monthly or yearly (for 24 month terms).