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 one month to five years. 


  • Start saving today with as little as $1,000
  • Option to have interest paid monthly, annually or at maturity
  • Reinvest or change your term and interest rate at maturity
  • All deposits under $250,000 are Government guaranteed


12 months - Interest paid on maturity

2.75 % p.a. Interest rate

Our awards

Our Term Deposits have achieved great success being independently recognised by finance industry experts Canstar, for achieving great value and innovative features across a range of different term lengths, from one month to five years.

Terms Available (Min $1,000) Interest paid on maturity or annually1 Interest paid monthly
5 years 3.00% p.a. 2.95% p.a.
4 years 3.00% p.a. 2.95% p.a.
3 years 3.00% p.a. 2.95% p.a.
2 years 3.00% p.a. 2.95% p.a.
1 year 2.75% p.a. 2.70% p.a.
9 months 2.00% p.a. 1.95% p.a.
6 months 1.75% p.a. 1.70% p.a.
3 months 1.35% p.a. 1.30% p.a.

Product Features:

Saving Features
Minimum opening deposit : $1,000
Funds available : At maturity
Statement options : Online statements
Monthly account fee : $6 - exempt when membership balance is over $5,000
Transaction fees : N/A
Service centre access : Yes
Online, Mobile and Phone banking : Yes
Visa debit card : No
Cheque book : No
Direct credit : No
Direct debit : No
Quick debit : No
Periodical payment : 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. Penalty interest rates may apply.