We are aware of an issue temporarily affecting access to the G&C app for some members. Refreshing the app or turning your phone off and on may work for some as an interim solution. We apologise for the inconvenience and are working to restore access as soon as possible.
If you have a longer term goal and can resist the temptation of dipping into your funds, consider a term deposit.
Your return and interest rate are fixed with flexible interest payment options available. You can invest a substantial amount, or as little as $1000 at a competitive interest rate and term that suits you - from 30 days up to five years.
- Start saving today with as little as $1,000
- Reinvest or change your term and interest rate at maturity
- Eligible deposits under the $250,000 cap are Government guaranteed*
6 Months - Interest paid on maturity
| Terms Available (Min $1,000) | Interest paid on maturity or annually | Interest paid monthly |
| 5 years | 3.70% p.a. | 3.65% p.a. |
| 4 years | 3.70% p.a. | 3.65% p.a. |
| 3 years | 3.70% p.a. | 3.65% p.a. |
| 2 years | 3.85% p.a. | 3.80% p.a. |
| 1 year | 4.10% p.a. | 4.05% p.a. |
| 9 months | 4.10% p.a. | 4.05% p.a. |
| 6 months | 4.40% p.a. | 4.35% p.a. |
| 3 months | 4.25% p.a. | 4.20% p.a. |
Product Features:
Saving Features |
|
|---|---|
| Minimum opening deposit : | $1,000 |
| Funds available : | At maturity |
| Statement options : | Online statements |
| Monthly account fee : | $5 – exempt where minimum membership balance of $5,000 is maintained at all times throughout the month |
| Transaction fees : | N/A |
| Service centre access : | Yes |
| Visa debit card : | No |
| Direct credit : | No |
| Direct debit : | No |
| Quick debit : | No |
| Periodical payment : | No |
| BPAY : | No |
| Bank@Post : | No |
| Interest calculation : | Calculated on daily balance and paid monthly, annually or at maturity |
| Conditions : | Early withdrawal will be allowed at the discretion of the Bank on 31 days notice. Reduced interest rates may apply. |
Savings calculators
Discover your savings potential and estimated interest earnings with our savings calculators.
Our awards
Our Term Deposits have achieved great success being independently recognised by finance industry experts Canstar and Mozo, for achieving great value and innovative features across a range of different term lengths, from one month to five years.
We're ready to help you
* For more information on the Australian Government guarantee, visit our Financial Claims Scheme page
