Term Deposit
- Simply open your account with a deposit of $5000 or more
- Select the term which best meets your goals – 3,6,9,12 or 24 months
- Relax and enjoy the security of a fixed guaranteed rate of return for the term of your investment
- Extremely competitive rates on all terms offered
- All interest is calculated daily
- No account keeping fees to pay
- Maximum return on every dollar you invest
From the day you open a Term Deposit, you can accurately plan ahead because right upfront, you have the security of knowing exactly what returns you will receive when your investment finally matures.
With a guaranteed interest rate locked in for the life of the term you choose, your money is protected from market fluctuations. Leaving you to simply sit back, relax and reap the full rewards of a highly competitive fixed rate where interest on your account is calculated daily and paid out at maturity for terms of 12 months or less^.
At the end of each term, you're free to either pocket the payout or automatically roll over into a new deposit.
^ Interest on the 24 month term is credited to your nominated account on the 12 month anniversary of the day the account was opened and at maturity in accordance to your instructions.
Interest rates are current as at 29-Aug-2008 and are subject to change. Fees and charges may apply. Terms and conditions available on request.
This is general information only and you should consider if these products are appropriate for you.
Related Links
- Saving Account FAQ
- Online Savings Account
- InterestME Savings Account
- Term Deposit Account
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Personal Ph 1300 654 998 Business Ph 1300 658 108