Lock in a fixed rate for a range of terms from one month to five years.
Get more from your savings with a competitive fixed rate and your choice of term, from one month to five years.
4.85%
p.a.
for a 12 month fixed term deposit. Interest paid on maturity.
4.85%
p.a.
for a 12 month fixed term deposit. Interest paid on maturity.
Rates subject to change.
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Find out how term deposits work, how they’re different to a savings account and what to think about before you invest.
For deposits with a term of 12 months or greater you may ask us to pay your interest monthly, quarterly, six monthly or annually; however, the rate applicable may vary depending on the interest payment frequency (note, interest must be paid at least once a year and cannot be paid only at maturity).
Changes aimed at strengthening the banking system mean we require 31 days’ notice if you want to withdraw your funds before the maturity date. This can also affect the interest that we pay you. You can still access your money at maturity and during the grace period.