Fixed Term Deposit (interest at maturity)
With a Fixed Term Deposit (interest at maturity) you can lock away deposits over $1,000 for a period up to 12 months, with your interest paid at the end of the term. There are several options based on the amount you wish to deposit and the length of time you would like to invest.
If you prefer your interest to be paid monthly, we also have a Fixed Term Deposit with monthly interest.
Features
- No monthly service fees
- Terms up to 12 months
- Locked in interest rate on your savings account for a specific period of time
- Minimum deposit of only $1,000
- Interest paid at maturity (i.e. when the term is up)
- Choose to have funds deposited directly to your account on maturity, reinvest in a new term deposit or receive your funds as a cheque
- Covered by the Australian Government Deposit Guarantee Scheme
Term | Interest rate |
---|---|
Special 10 month rate, $5,000 +
|
2.65.
|
3-5 month term, balances less than $5,000
|
1.00.
|
6-11 month term, balances less than $5,000
|
1.00.
|
12 month term, balances less than $5,000
|
1.40.
|
3-5 month term, balances $5,000 – $1 million
|
2.10.
|
6-11 month term, balances $5,000 – $1 million
|
2.10.
|
12 month term, balances $5,000 – $1 million
|
2.50.
|
Any term, balances over $1 million
|
Please contact us.
|
|
Fees | Amount |
---|---|
Monthly fee
|
$0
|
Early redemption fee applies. |
Please be aware that interest rates may change at any time without agreement. All interest rates quoted are per annum and are calculated on a tiered basis with interest paid on the entire balance at the applicable tiered interest rate. Fees and charges are payable. Terms and conditions apply and are available on request.
Before acquiring this product, the information above should be read in conjunction with the following documents to determine if it is right for you: Personal Savings and Transaction Accounts, Fees and Charges, Deposit Interest Rates and Account and Access Facility Conditions of Use.
Note: Rates above are available for interest paid monthly.