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Term Deposits

 
UP TO 3.50%p.a.
 

With a term deposit you know exactly how much interest you’ll earn. Make a deposit of $5,000 or more, choose a term from 1 month to 5 years, select a range of interest payment options and you’re good to go.

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

Get a competitive rate on our 18 month Term Deposit*

Term Deposits - Fixed Term High Interest Savings

With a term deposit you know exactly how much interest you’ll earn. Make a deposit of $5,000 up to $5 million or more, choose a term from 1 month to 5 years, select a range of interest payment options and you’re good to go. For deposits over $5 million, please contact us directly on 1300 790 740.

This account may suit you if you:

  • Want income certainty by investing in a fixed rate investment account.
  • Want competitive fixed interest rates and flexible investment terms from 1 month to 5 years.
  • Need the convenience to automatically reinvest or withdraw your funds in full at maturity.   

Apply now

Features & benefits


Flexible terms

Choose from 1 month to 5 years and a range of interest payment options for terms over 12 months

Fee free

$0 establishment or ongoing fees

Easy tracking

See your term deposit alongside your other Australian Unity accounts in Internet Banking or our mobile banking app

Low touch

We’ll let you know when your term is coming to an end and for convenience we’ll automatically roll it over so you don’t have to do a thing.

How much interest could you earn?

Term
Interest Credited

 >$5,000

 At Maturity

Monthy

Quarterly

Half Yearly

Annually

 1 Month

 0.75%

 

 

 

 

 2 Months

 0.90%

 

 

 

 

 3 Months

 1.60%

 

 

 

 

 4 Months

 1.15%

 

 

 

 

 5 Months

 1.15%

 

 

 

 

 6 Months

 2.25%

 

 

 

 

 7 Months

 1.50%

 

 

 

 

 8 Months

 1.40%

 

 

 

 

 9 Months

 2.10%

 

 

 

 

 10 Months

 1.40%

 

 

 

 

 11 Months

 1.75%

 

 

 

 1 Year

 3.10%

 3.09%

 3.09%

 3.09%

 18 Months

 

 

 

 3.24%

 3.25%

 2 Years

 

 

 

 3.49%

 3.50%

 3 Years

 

 

 

 3.49%

 3.50%

 4 Years

 

 

 

 2.99%

 3.00%

 5 Years

 

 

 

 3.04%

 3.05%

Interest rates current as at 26 July 2022 and are subject to change.

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.

flexible

Flexible

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.

mutual

Mutual

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.

experience

Experience

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 26 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.