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Apply for a Term Deposit

How to apply

Application process

1For new customers please apply for an Australian Unity transaction account
2Once your Australian Unity transaction account is opened, log into Internet Banking and open a Term Deposit by selecting ‘New Term Deposit’ from the ‘ACCOUNTS’ menu.
3Transfer the funds you’d like to invest into your Term Deposit, from your Australian Unity transaction account.

Start application

Already have a transaction account? Log into Internet Banking

What you’ll need to apply

1Documents to prove your identity

2Your Australian Unity transaction account details.

Up to
3.24%p.a. for 18 months*

Get a competitive rate on our 18 month Term Deposit*

Bank better with Australian Unity

focused on wellbeing

Focused on Wellbeing

We help customers support the health and wellbeing of their family by creating products that help them save on health insurance and the tools to improve their financial control.



Our banking products give you the flexibility to change as your life does. Options like applying to see if you can pause your home loan repayments due to a life event or paying using your phone.



As a member-owned bank we focus on our customers, members and the community. We focus on your financial wellbeing through personalised service and competitive rates.



We’ve been helping people with their banking solutions for over 30 years and the Australian Unity Group has been around for 180 years so we’ll be able to help you with your banking needs.

Chat with us

Whether it’s understanding terminology, you’re looking to apply or you have a question about your account we can help you with all your banking questions.

Speak with us today

Monday to Friday - 8.30am to 5.30pm AEST

Call 1300 790 740

Have us call you within 1 business day

Request a call back

Important information

Fees, charges and lending criteria apply and product terms and conditions available on application. Please refer to Terms of Use before applying for any product.

Any advice does not take into account your personal needs and financial circumstances and you should consider whether it is appropriate for you and read the relevant terms and conditions (including Terms of Use), any Product Disclosure Statement (if applicable) and Financial Services Guide before acquiring any product.

*Minimum $5,000 deposit. T&Cs apply. Interest rates current as at 8th July 2022 and are subject to change.

A Term Deposit is a cash investment made with us for a fixed term at an agreed interest rate. If you want to withdraw from your Term Deposit before it matures you’ll need to speak with us. If your withdrawal request is approved you may incur an interest adjustment penalty and administration fee.

Interest paid on maturity for terms less than 12 months. Terms 12 months and above paid 6 monthly or annually except where specified

Please read our Terms and Conditions and Privacy Policy before applying.

Our Target Market Determinations are available here.