Great Southern Bank
Platinum Plus Term Deposit 12 months
Term Deposit (for customers aged 55 or over) 12 months with interest paid at maturity.
Term depositsBank updated 27 Aug 2026
At a glance
- Best rate
- 5.20% for 12m
- 12 months
- 5.20%
- Min deposit
- $5,000
§ 01 — Rates · 1
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| Fixed | — | 1 yr | — | 5.20% | — | paid at maturity; paid every 1 yr |
§ 03 — Features
Digital banking
- · Guaranteed rate of return. You’ll know exactly how much you’ll earn on your investment before your term begins.
- · Choose your own term. Options range from one month to five years.
§ 04 — Eligibility & limits
- · Minimum age 55
- · Residency: You must be an Australian citizen or Australian resident to hold an account with Great Southern Bank
- · Minimum balance $5,000
§ 05 — Compare
§ 06 — Run the numbers
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Published by Great Southern Bank under the Consumer Data Right, last changed by them on 27 Aug 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.