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PLANNED OUTAGE on Saturday 24 July to Sunday 25 July: 21:00pm - 08:00am AEST. New customers who want to sign up online will be unable to. We're very sorry for any inconvenience caused. Call us on 132 888 'til 8:00pm AEST Friday and between 9am-2pm AEDT on Saturday if you have any questions or need a hand. View details

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How do I apply for a term deposit?

If you are a new Bank Australia customer, you can apply online for selected terms (3, 6, 12 and 36 months). All you need is your driver's licence or passport, and a Medicare card. Existing customers can open a term deposit account via internet banking.

Please note that the interest rates that apply to Term Deposits are the interest rates that are current on the date the investment is credited to your term deposit account, not the day the account is opened. 

You can apply for all other term deposits (as well as 3, 6 and 12 month deposits) over the phone on 132 888 or in branch. Find your local branch here.