Term Deposits

If your interest is paid quarterly, then your rate will be 0.10% pa less than the standard rate. If your interest is paid monthly, then your rate will be 0.15% p.a. less than the standard rate.

Please note that some online banking services may charge a fee. Check our personal banking booklet for more information.
 

What if you need access to your money early? 

You will need to give us 31 days' notice if you want to withdraw your money before the end of your term.  

The amount of interest you receive will be 50% of the interest that you are entitled to up to the date you are making the withdrawal and there is an early withdrawal fee. 

If you are experiencing hardship and need access to funds immediately or before the end of the 31 days’ notice period, please contact us to discuss options. Under some hardship circumstances, you may be able to access your funds immediately. We will require evidence to support the situation which satisfies our requirements e.g. invoices, court order etc. Please contact us if you have any questions.
 

Maturity instructions

When your term deposit ends, you can choose what you want to do with your money.

You should tell us what you want to do with your term deposit at least 2 business days before its maturity date. If you do not, we will renew the deposit for the same term at the applicable interest rate on the date of maturity. If the term deposit automatically renews, you may receive a lower interest rate on the new term deposit than the original interest rate earned. Please refer to our standard interest rates.

If you need additional support with your application, please call us on 1300 131 605 (Monday to Friday, 8:00am to 8:00pm AEST) or visit your local branch.