Term Deposit
Lock in a competitive fixed rate with flexible terms and laddering options.
Available Terms and Rates
| Term | Rate (p.a.) | Minimum |
|---|---|---|
| 1 month | 3.50% | $1,000 |
| 3 months | 3.80% | $1,000 |
| 6 months | 4.10% | $1,000 |
| 12 months | 4.40% | $1,000 |
| 24 months | 4.60% | $1,000 |
Key Features
- Interest paid at maturity (or monthly for terms ≥ 12 months).
- Early withdrawal may reduce interest and incur a break cost.
- Auto-rollover with 7-day grace period to change or withdraw.
- Ladder multiple deposits to smooth rate risk and liquidity.
Fees
- Setup fee: $0
- Early break cost: calculated based on remaining term and rate changes
Eligibility and Target Market
For individuals and businesses seeking a fixed return and who can leave funds untouched for the selected term.