If you have a longer term goal and can resist the temptation of tapping into your funds, a term deposit offers a fixed return and interest rate. We offer terms ranging from 30 days, up to 5 years with a minimum deposit of $1000.
The Australian Government's Financial Claims Scheme (FCS) protects people's deposits in the unlikely event that a bank, building society or credit union fails. It only covers banking institutions that are incorporated in Australia, and has been known as the Australian Government deposit guarantee.
Tools like our Budget Planner and Savings Plan Simulator can help you understand the impact that changing a few small spending habits can have on your finances.