Term Deposits
When it comes to lending money, there’s one question that’s more important than any other – which bank are you going to lend your money to? When you decide to lock your savings away for a set time, we’ll reward you with a high rate of interest. With our term deposit accounts you can choose to invest your money anywhere from one month up to three years. The choice is yours.
When your funds mature, you can choose to reinvest them in another term deposit, have them paid to you by cheque or you can have them credited to a savings account of your choice.
Account features
- fixed interest for the term you choose
- Minimum investment $1000
- Terms available from 1 month to 3 years
| Feature |
Availability |
| Redicard |
No |
| Visa Debit |
No |
| Cheque |
No |
| NAB Deposit Book |
No |
| Phone Banking |
No |
| Internet Banking |
No |
| Direct Debts |
No |
| Direct Credits |
No |
| Payroll Allocation |
No |
| Transfer Order |
No |
| BPAY |
No |
| Overdraft |
No |
| Bank@Post |
No |
| Funds availability |
See specific product type |
| Opening Balance |
$1000 |
| Minimum ongoing balance |
$1000 |
| Interest Rate |
See interest rate schedule |
| Interest Calculated |
Daily |
| Interest Paid |
See specific product type |
Looking for a product that offers 24/7 access to you cash? Have a look at our eSave account.
Over 50? Have a look at our Zest Package.
Interest is paid on maturity or annually if term exceeds 12 months, Rates for monthly interest are available on request. Interest rates are on a per annum basis and are current as at 1 October 2011. Interest rate changes will be advised as required by legislation. Full terms, conditions, fees and charg.es for the products are available from us in the Product Disclosure Statement (PDS) for Term Deposits when you apply. You should read all parts of the PDS before deciding to purchase these products.