Term Deposit

Product Features

• Notifications Additional Information: We'll send you a term deposit renewal notice 2 weeks before it matures, not only as a reminder but to also explain what you can do next.

• Other Additional Information: Backed by the Government Deposit Guarantee for deposits up to $250,000

• Other Additional Information: Automatically rollover your existing Term Deposit at the rate of interest relevant to the new term that you select, or we will re-invest the principal and interest in accordance with the account instructions we received from you when the Term Deposit was established.

• Other Additional Information: Early withdrawal may be allowed at the discretion of the Bank on 31 days' notice. Where funds are withdrawn from a term deposit account prior to maturity, a reduction to the interest rate will be applied dependent on the time left until maturity.

• Card Access Additional Information: A range of security features and services provided, including fraud prevention technology and secure banking, to help keep your funds safe.

Product Eligibility

• Residency Status - Permanent Resident. Additional Information: You must be an Australian citizen or permanent resident

• Natural Person

Bank Fees and Charges

• Paper Statement Fee (Periodic), Amount: 2.00. Additional Information: A fee charged to cover the cost of producing and sending paper statements

 Limitations & Restrictions (Constraints)

• Min Balance of 1000.00

• Opening Balance of 1000.00