Term Deposit
Term Deposits allow you to lock away funds and earn a fixed interest rate for a set period, so you know exactly how much money you will earn. You can start with investing as little as $1,000. Term Deposits with terms of three, six or nine months automatically have interest paid at maturity. The interest may be paid to a savings account or reinvested. For terms of 12 months or longer, you can have interest paid to your savings account as regularly as fortnightly, monthly, quarterly or annually - it’s your choice!
- Best rate
- 5.10% for 4m
- 12 months
- 5.00%
- Min deposit
- $1,000
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| Fixed | — | 10 mo | — | 5.05% | — | paid at maturity; paid every 10 mo |
| Fixed | — | 11 mo | — | 3.00% | — | paid at maturity; paid every 11 mo |
| Fixed | — | 1 yr | — | 5.00% | — | paid every 1 yr |
| Fixed | — | 2 yrs | — | 2.90% | — | paid every 2 yrs |
| Fixed | — | 3 mo | — | 3.00% | — | paid at maturity; paid every 3 mo |
| Fixed | — | 3 yrs | — | 2.90% | — | paid every 3 yrs |
| Fixed | — | 4 mo | — | 5.10% | — | paid at maturity; paid every 4 mo |
| Fixed | — | 4 yrs | — | 2.90% | — | paid every 4 yrs |
| Fixed | — | 5 mo | — | 3.00% | — | paid at maturity; paid every 5 mo |
| Fixed | — | 6 mo | — | 3.00% | — | paid at maturity; paid every 6 mo |
| Fixed | — | 5 yrs | — | 2.90% | — | paid every 5 yrs |
| Fixed | — | 7 mo | — | 5.05% | — | paid at maturity; paid every 7 mo |
| Fixed | — | 8 mo | — | 3.00% | — | paid at maturity; paid every 8 mo |
| Fixed | — | 9 mo | — | 3.00% | — | paid at maturity; paid every 9 mo |
| Fee | Type | Amount | When | Notes |
|---|---|---|---|---|
| Term Deposit Withdrawal | Event | $0 to $99,999,999.99 | — | — |
- · Residency: Australian citizen or permanent resident
- · Minimum balance $1,000
- · Opening balance $1,000
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Published by Credit Union SA under the Consumer Data Right, last changed by them on 16 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.