BankSA
Term Deposit
Get a fixed interest rate for your fixed term investment.
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 bankingFraud protectionRelationship manager
- · Offers available on Term Deposits opened or renewed by existing BankSA personal or business customers. Available on deposits of $1,000-$2,000,000 with interest paid monthly or at maturity depending o…
- · Predictable earnings: With a fixed interest rate, you?ll know exactly how much you?re going to earn over your choice of fixed term.
- · Online bonus rates: Logon to check if you qualify for higher rates than those featured. You'll get an extra 0.10% p.a. for opening or renewing online.
- · Secured savings: Avoid the temptation to dip into your savings, by locking your investment away for a fixed length of time.
- · Options at maturity: Choose whether to withdraw funds or reinvest them, providing your instructions online or in the app.
- · Open a Term Deposit with as little as $1000 and pay no set up or monthly fees. Rates featured are available on deposits of up to $2000000.
- · When you open a BankSA Term Deposit, your money will be looked after by an Australian banking group that dates back over 200 years. Plus, combined balances up to $250,000 per account holder are guara…
- · 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
- · Choice of terms ranges from 1 to 60 months
- · Interest payment options are available
§ 04 — Eligibility & limits
- · Minimum age 14
- · Residency: Australian Permanent Resident
- · Minimum balance $1,000
- · Online Only Existing Customers: If you already use Internet or Mobile Banking, you can renew or open a new Term Deposit online in your name. You can also check for bonus rates and manage your Term De…
- · Online Only New Customers: you'll need to open an everyday account to access Internet Banking (so you can open a Term Deposit and manage it online).
§ 06 — Run the numbers
Put this product through a calculator
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.