The Finance Algorithm
RSL Money Prod

RSL Member Income Plus

As part of our ongoing commitment to the Returned & Services League of Australia, Australian Military Bank is proud to offer Sub Branch members and their spouses an exclusive offer on our Term Deposits. Receiving bonus interest on your investment, you can be sure that Australian Military Bank’s Term Deposits are reliable and secure. Make a regular income on your savings with interest paid monthly.​

Term depositsBank updated 24 Aug 2026
At a glance
Best rate
4.70% for 7m
12 months
3.60%
Min deposit
$1,000
§ 01 — Rates · 10
TypeApplies toTermBandRateComparisonConditions
Fixed10 mo$1,000+4.00%paid every 10 mo
Fixed11 mo$1,000+4.00%paid every 11 mo
Fixed1 yr$1,000+3.60%paid every 1 yr
Fixed3 mo$1,000+4.30%paid every 1 mo
Fixed4 mo$1,000+4.30%paid every 4 mo
Fixed5 mo$1,000+4.30%paid every 5 mo
Fixed6 mo$1,000+4.00%paid every 6 mo
Fixed7 mo$1,000+4.70%paid every 7 mo
Fixed8 mo$1,000+4.30%paid every 8 mo
Fixed9 mo$1,000+4.30%paid every 9 mo
§ 02 — Fees · 5
FeeTypeAmountWhenNotes
Archive retrieval feeEvent$50Per hour fee applies plus any expenses incurred
Audit Certificate FeeEvent$50Per audit certificate requested
Early Withdrawal from Term DepositEvent90.00% of balanceEarly Withdrawal fee depends on portion of term remaining which determines interest rate reduction. Fee is based on balance and interest rate reduction is between 20% and 90%. Refer to Fees and Charg…
Paper statements printed at branch/postedEvent$2.50 to $5per page $2.50 if collected at branch or $5 if posted
Paper statement fee (per statement)Periodic$2Every 3 mo
§ 03 — Features
Digital banking
  • · Members can set up a variety of notifications in Internet Banking
§ 04 — Eligibility & limits
  • · Minimum age 18
  • · Residency: Individuals must be citizens or permanent residents of Australia.
  • · Minimum balance $1,000
  • · Exclusively for RSL Sub Branches and their members

Published by RSL Money under the Consumer Data Right, last changed by them on 24 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.