Features.

Find out more

Stash your cash.

Park as little as $1,000 or as much as $1,000,000.

Set your terms.

Choose a term that suits you, from 1 month to 5 years.2

Hands off.

Pay zero account-keeping fees.

Rate rundown.

Looking to stay up to date on our best rates? Leave your details and we'll keep you in the loop.

Get rate updates

Don't take our word for it.



CANSTAR Bank of the Year Awards 2017
Winner Best Term Deposit
Bank



Mozo Experts Choice 2018
Term Deposit

Ready to get started.

Apply now

You'll need to have

  • about 5 minutes
  • your driver's license or passport
  • your tax file number
  • your bank account details

You'll need to be

  • at least 12 years old
  • an Australian citizen or permanent resident for tax purposes
  • opening an account for personal use

What happens next

If we can verify you online, your term deposit will be open as soon as the funds are received - usually within two business days.

Subscribe to updates.

Shopping around? Submit your details and we'll keep you in the loop with updates on the latest rate.

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Big Spender?

If you're looking to take out a term deposit for more than $1,000,000, call us to find out what rates are available.

13 15 63

BUSINESS TERM DEPOSIT.

Got extra cash you’re looking to grow? Let the guaranteed interest roll in.

Put your money to work

The legal stuff.

The legal stuff.

1. Interest rates are current as at 27-Apr-2018 and subject to change.

2. All terms are in calendar months of between one month and 60 months.


Your total deposits with ME up to $250,000 are guaranteed under the Australian Government Financial Claims Scheme.

You can only withdraw funds from your term deposit by giving us 31 days prior notice for accounts opened or reinvested on or after 29 May 2016.

Terms and conditions apply. Fees and charges may apply. This is general information only and you should consider if this product is right for you.

These rates are only available for term deposits opened for personal use. For business term deposit rates click here.

Award notes

Canstar Bank of the Year Award: The award aims to give recognition to the institutions who offer quality term deposit products across rates, terms and product features. The winners were awarded points for their comparative pricing and the array of positive features attached to the product.

Mozo Experts Choice Award: The awards recognise products that deliver exceptional value or benefits to consumers. Judges base their decision on hard-nosed calculations of value to the consumer, using Mozo’s extensive product database and research capacity. Experts Choice Awards are awarded to the top 10% of products that meet the selection criteria in each awards category.