Term deposits.

Term period ($1,000.00 to $1,000,000.00). Interest rate. Comparison rate.
24 months. 0.75% p.a. n/a
12 months. 0.70% p.a. n/a
9 months. 0.65% p.a. n/a
6 months. 0.65% p.a. n/a
3 months. 0.50% p.a. n/a
Fee name. Fee description. Fee amount.
Term deposit early withdrawal fee. Payable when you request redemption of a term deposit prior to its maturity date.

Any requests for variations to the terms of your Term Deposit received after the grace period has expired, may incur a pre-payment adjustment and a fee - refer to our Defence Bank product and services – condition of use for more details.
$30.00

 

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$2,000.00 to $1,000,000.00. Interest rate. Comparison rate.
24 months. 0.75% p.a. n/a
12 months. 0.70% p.a. n/a
9 Months. 0.65% p.a. n/a
6 months. 0.65% p.a. n/a
5 months. 0.50% p.a. n/a
4 months. 0.50% p.a. n/a
3 months. 0.50% p.a. n/a
2 months. 0.30% p.a. n/a
1 month. 0.30% p.a. n/a
Fee name. Fee description. Fee amount.
Term deposit early withdrawal fee. Payable when you request redemption of a term deposit prior to its maturity date.

Any requests for variations to the terms of your Term Deposit received after the grace period has expired, may incur a pre-payment adjustment and a fee - refer to our Defence Bank product and services – condition of use for more details.
$30.00

 

View product detail

Standard and Premium term (when available) deposits are exclusive to individuals.

Gross rate of interest before deduction of government earnings tax.

Interest is calculated on the daily balance. Interest is paid on the date of maturity. Where terms exceed 12 months, interest is capitalised annually. Interest payable in respect of the last 12 months or part thereof is added to the balance at maturity.

Unless advised otherwise, the interest earned on your Term Deposit will be re-invested with your principal deposit. If the same term is no longer available, then the re-investment will be for the published term closest to the original term.

Our term deposits are part of the Government Deposit Guarantee (Financial Claims Scheme).

Business term deposits are exclusive to: Sole Traders, Corporates (including Corporate Trustees), Individual Trustees, Partnerships, Incorporated Associations (not-for-profits organisations and clubs).

Gross rate of interest before deduction of government earnings tax.

Interest is calculated on the daily balance. Interest is paid on the date of maturity. Where terms exceed 12 months, interest is capitalised annually. Interest payable in respect of the last 12 months or part thereof is added to the balance at maturity.

Unless advised otherwise, the interest earned on your Term Deposit will be re-invested with your principal deposit. If the same term is no longer available, then the re-investment will be for the published term closest to the original term.

Our term deposits are part of the Government Deposit Guarantee (Financial Claims Scheme).