Term deposits.

Funds can be withdrawn early from a term deposit at any time during the term for a $30 fee, and an interest rate reduction may also apply. Simply get in touch so we can send you the form to fill out.
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Our minimum term deposit is $1,000, and there is no maximum amount you can get started with.
Learn more about our term deposits.

While interest rates for new term deposits may change during your term, this will never affect a deposit that is part way through its term. That rate is locked in for the agreed amount of months.

While it’s not possible to add funds during the term, you can add any funds at maturity for the next term. We’ll send you the form in the post up to a month before the maturity date to ask you what you’d like to do, and you can note on the form that you’d like to add funds, and send it back to us.