Business Term Deposit

Lock away your money for a period of time and get a guaranteed return

Term depositsBank updated 21 Sept 2026

At a glance

Best rate: 5.20% for 12m
12 months: 5.20%
Min deposit: $1,000

§ 01 — Rates · 36

Type	Applies to	Term	Band	Rate	Comparison	Conditions
BonusPLUS, an additional 0.10% p.a. online bonus offer2 when you open or renew online	—	—	—	0.10%	—	paid at maturity; Online only
FixedInterest paid at maturity	—	1 mo	—	1.40%	—	paid at maturity; Min deposit amount
Fixed	—	10 mo	—	3.70%	—	paid at maturity; Min deposit amount
Fixed	—	10 mo	—	3.65%	—	paid every 1 mo; Min deposit amount
Fixed	—	11 mo	—	3.75%	—	paid at maturity; Min deposit amount
Fixed	—	11 mo	—	3.70%	—	paid every 1 mo; Min deposit amount
Fixed	—	1 yr	—	4.75%	—	paid at maturity; Min deposit amount
Fixed12 month offer available for a limited time only on Term Deposits opened or renewed by existing BankSA personal or business customers.	—	1 yr	—	5.20%	—	paid at maturity; Min deposit amount
Fixed	—	1 yr	—	4.70%	—	paid every 1 mo; Min deposit amount
Fixed	—	1 yr	—	4.70%	—	paid every 6 mo; Min deposit amount
Fixed	—	13 mo	—	4.70%	—	paid every 1 mo; Min deposit amount
Fixed	—	13 mo	—	4.70%	—	paid every 6 mo; Min deposit amount
FixedInterest paid at maturity	—	2 mo	—	1.65%	—	paid at maturity; Min deposit amount
Fixed	—	2 yrs	—	4.50%	—	paid at maturity; Min deposit amount
Fixed	—	2 yrs	—	4.45%	—	paid every 1 mo; Min deposit amount
Fixed	—	2 yrs	—	4.45%	—	paid every 6 mo; Min deposit amount
FixedInterest paid at maturity	—	3 mo	—	3.25%	—	paid at maturity; Min deposit amount
Fixed	—	3 yrs	—	4.00%	—	paid at maturity; Min deposit amount
Fixed	—	3 yrs	—	3.95%	—	paid every 1 mo; Min deposit amount
Fixed	—	3 yrs	—	3.95%	—	paid every 6 mo; Min deposit amount
FixedInterest paid at maturity	—	4 mo	—	3.40%	—	paid at maturity; Min deposit amount
Fixed	—	4 yrs	—	4.00%	—	paid at maturity; Min deposit amount
Fixed	—	4 yrs	—	3.95%	—	paid every 1 mo; Min deposit amount
Fixed	—	4 yrs	—	3.95%	—	paid every 6 mo; Min deposit amount
FixedInterest paid at maturity	—	5 mo	—	3.45%	—	paid at maturity; Min deposit amount
FixedInterest paid at maturity	—	6 mo	—	3.40%	—	paid at maturity; Min deposit amount
Fixed	—	6 mo	—	3.35%	—	paid every 1 mo; Min deposit amount
Fixed	—	5 yrs	—	4.00%	—	paid at maturity; Min deposit amount
Fixed	—	5 yrs	—	3.95%	—	paid every 1 mo; Min deposit amount
Fixed	—	5 yrs	—	3.95%	—	paid every 6 mo; Min deposit amount
Fixed	—	7 mo	—	3.55%	—	paid at maturity; Min deposit amount
Fixed	—	7 mo	—	3.50%	—	paid every 1 mo; Min deposit amount
Fixed	—	8 mo	—	3.60%	—	paid at maturity; Min deposit amount
Fixed	—	8 mo	—	3.55%	—	paid every 1 mo; Min deposit amount
Fixed	—	9 mo	—	3.65%	—	paid at maturity; Min deposit amount
Fixed	—	9 mo	—	3.60%	—	paid every 1 mo; Min deposit amount

§ 03 — Features

Digital banking

· The reassurance of a guaranteed return on your investment.
· Avoid market fluctuations with a specific amount locked away at a fixed interest rate (with no immediate access to funds during the term)
· Choose a term length that matches your business cycle
· Add 0.10% p.a. to these rates if you're already with BankSA and opening or renewing online. It?s only available to existing customers who bank online and in the app.
· Earn Interest: Interest can be paid at maturity, annually, half yearly or monthly.
· Flexibility : Flexible maturity options from 1 month to 5 years.
· Business customers are eligible to open an account and can open account either by Branch, Phone, online.
· Opening Confirmation, Maturity, Reinvestment and Repayment advices are sent as regular advices
· Interest payment options are available

§ 04 — Eligibility & limits

· Minimum age 18
· Available to businesses
· Minimum balance $1,000
· You must be an existing BankSA banking customer
· Online application and online bonus rate available for personal customers and sole traders only.

§ 05 — Compare

All term deposits →Other BankSA term deposits Everything BankSA publishes

§ 06 — Run the numbers

Put this product through a calculator

Term deposit calculator

Interest earned for a deposit, term and rate.

Rate comparator

Compare terms side by side, including rollover.

Published by BankSA under the Consumer Data Right, last changed by them on 21 Sept 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.