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Bank Australia open to serve our customers: As an essential service under the shutdowns announced, our branches and contact centres will remain open to serve our customers with their banking needs over the coming days and weeks. All branches will be operating from 10:00am to 3:00pm, Monday to Friday until further notice. 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

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Fixed term deposits
Interest paid at maturity
Term (Month)$500 - $1,000,000
3 1.10%
4 1.10%
5 1.10%
6 1.25%
7 1.10%
9 1.10%
12 1.35%
13-18 1.20%
19-24 1.20%
36 1.20%
Interest rate expressed as annual percentage rates.
Interest paid monthly
Term (Month)$500 - $1,000,000
6 1.15%
12 1.25%
13-18 1.10%
19-24 1.10%
36 1.10%
Interest rate expressed as annual percentage rates.

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. 

Any request for withdrawal of funds from the term deposit prior to its maturity will be subject to 31 days’ notice. If regular access to funds is required, another account may be more suitable.

For Term Deposits with terms less than 2 years where interest is paid at maturity, approval of any request for either a full or part redemption of funds prior to the expiry of the agreed term is at the discretion of Bank Australia.

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