Up to three years
Earn a higher rate of interest on your savings with a Term Deposit. A Term Deposit is a secure way to grow your savings with fixed terms available to suit your needs.
Savings and Investments
|Choice of fixed terms :||1 month to 3 years|
|Interest payment frequencies :||At maturity, monthly, quarterly, half yearly or annually|
Watch your savings grow with our Term Deposit investment options. For investment enquiries over $1,000,000 please contact our Members Services team on 1300 688 825.
Rates are effective as at 17 November 2023.
|Investment Term||Interest Payment Frequency||$1,000 to $499,999||$500,000 to $1,000,000|
|1 month||at maturity||1.45% p.a.||1.50% p.a.|
|2 months||at maturity||1.95% p.a.||2.00% p.a.|
|3 months||at maturity||3.85% p.a.||3.90% p.a.|
|4 months||at maturity||2.95% p.a.||3.00% p.a.|
|5 months||at maturity||2.95% p.a.||3.00% p.a.|
|6 months||at maturity||4.15% p.a.||4.20% p.a.|
|7 months||at maturity||2.95% p.a.||3.00% p.a.|
|8 months||at maturity||2.95% p.a.||3.00% p.a.|
|9 months||at maturity||4.20% p.a.||4.25% p.a.|
|10 months||at maturity||2.95% p.a.||3.00% p.a.|
|11 months||at maturity||2.95% p.a.||3.00% p.a.|
|12 months||monthly||4.75% p.a.||4.80% p.a.|
|12 months||quarterly||4.75% p.a.||4.80% p.a.|
|12 months||half yearly||4.80% p.a.||4.85% p.a.|
|12 months||at maturity||4.85% p.a.||4.90% p.a.|
|24 months||monthly||5.10% p.a.||5.10% p.a.|
|24 months||quarterly||5.10% p.a.||5.10% p.a.|
|24 months||half yearly||5.15% p.a.||5.15% p.a.|
|24 months||annually||5.20% p.a.||5.20% p.a.|
|36 months||monthly||5.10% p.a.||5.10% p.a.|
|36 months||quarterly||5.10% p.a.||5.10% p.a.|
|36 months||half yearly||5.15% p.a.||5.15% p.a.|
|36 months||annually||5.20% p.a.||5.20% p.a.|
Want to explore the numbers? Estimate your projected savings, plan your budget and more with our range of helpful calculators.
We have not considered your objectives, financial situation, or needs. You should consider these things, along with the Product Disclosure Statement and our product Target Market Determinations before making any decision to acquire a product.
Interest on Term Deposits is calculated by applying the daily percentage rate to the account balance and paid at intervals as specified in the tables above. A reduced interest rate applies if term deposits are redeemed before Maturity Date. The reduced interest rate is 0.10% per annum calculated from the date the account was opened to the date of early redemption. The daily percentage rate is the applicable annual percentage rate divided by 365.