Term deposit rates
Rates apply to new term deposits opened online or in branch for personal customers. Interest can be paid at maturity or monthly on selected terms when the minimum balance is met.
Break penalties may apply if you withdraw funds before maturity. Rates for balances above $250,000 are available on request from our deposits team.
| Term | Rate | Minimum deposit |
|---|---|---|
| 6 months | 5.15% p.a. | $5,000 |
| 12 months | 5.35% p.a. | $5,000 |
| 18 months | 5.20% p.a. | $10,000 |
| 24 months | 5.05% p.a. | $10,000 |
Term deposit rates are fixed for the selected term at account opening. Automatic renewal will apply the prevailing rate available on the maturity date unless you provide other instructions.
Rates are per annum and quoted for standard retail deposits unless stated otherwise.
Non-resident withholding tax rules may apply depending on your tax status.