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Bank Australia open to serve our customers: As an essential service our branches and contact centre remain open to serve our customers with their banking needs during the COVID-19 pandemic. Please use the 'find us' function to view your nearest branch's current operating hours. You can still get in touch with us by phone on 132 888 from 8:00am to 8:00pm, Monday to Friday and 9:00am to 2:00pm Saturday. It may take us longer to answer your call as more customers choose to call rather than come into a branch so thanks in advance for your patience and please take care of yourselves. 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 25 February 2021

More rates and fees
Fixed term deposits
Interest paid at maturity
Term (Month)$500 - $1,000,000
3 0.25%
4 0.25%
5 0.25%
6 0.35%
7 0.35%
9 0.35%
12 0.50%
13-18 0.50%
19-24 0.50%
36 0.60%
Interest rate expressed as annual percentage rates.
Interest paid monthly
Term (Month)$500 - $1,000,000
6 0.25%
12 0.40%
13-18 0.40%
19-24 0.40%
36 0.50%
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.