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VICTORIA PUBLIC HOLIDAY FRIDAY 23 OCTOBER: Friday 23 October is a public holiday in Victoria. Our Victorian branches will be closed but our Contact Centre and branches in other states will remain open. If you need anything, please give us a call on 132 888 between 8am and 8pm AEDT. Stay safe and have a lovely weekend. View details


Fixed term deposits offer you a guaranteed rate of return on your money for the life of an investment. Choose the term or interest rate that best suits you.

effective 8 July 2020

More rates and fees
Fixed term deposits
Interest paid at maturity
Term (Month)$500 - $1,000,000
3 0.65%
4 0.65%
5 0.65%
6 0.70%
7 0.70%
9 0.70%
12 0.85%
13-18 0.90%
19-24 0.90%
36 0.90%
Interest rate expressed as annual percentage rates.
Interest paid monthly
Term (Month)$500 - $1,000,000
6 0.60%
12 0.75%
13-18 0.80%
19-24 0.80%
36 0.80%
Interest rate expressed as annual percentage rates.

Why choose the term deposit?

  • Flexible investement terms
  • Fixed interest rates
  • Choice of monthly interest or interest at maturity

Open a business account

Select your entity type and follow the steps.

The fine print

General advice warning: In providing you with this information you should consider the appropriateness of this advice with regards to your particular financial situation and needs. You should consult the Product Disclosure Documents before making a decision to apply for products with Bank Australia.

Terms, conditions, fees and charges may be applicable.

Bank Australiais committed to delivering memorable and superior service to all customers. We welcome your feedback, compliments and/or complaints about our performance.