Term deposits

6 months

5.95% p.a.

9 months

6.00% p.a.

Invest now, for the future.

  • $500 minimum investment.
  • Maximum combined amount of $250,000.
  • Interest paid out monthly, quarterly or six monthly.
  • Reinvest on maturity.
Open a term deposit

Term deposit rates

Interest rates are subject to change.

Term Interest rate p.a.
3 months 4.10%
4 months 4.20%
5 months 4.65%
6 months 5.95%
7 months 6.00%
8 months 6.00%
9 months 6.00%
12 months 6.00%
18 months 5.80% 
24 months 5.75%


Features and benefits of our term deposits

  • Our competitive interest rates apply for all amounts from $500 (to a maximum combined amount of $250,000), which means you don't need to have a lot of money invested to get a great rate.
  • You can have interest paid out monthly, quarterly, or six monthly to your Credit Union account to offset some of your expenses, such as Health Plan premiums.
  • Interest on term deposits 12 months or longer can be compounded quarterly, six monthly, or annually, which means your investment grows faster, by earning interest on your interest.
  • On maturity term deposits can be reinvested, paid into your Credit Union account or paid out to an external bank account.

Open a term deposit

For further information or to open a term deposit, please contact our friendly team Monday to Friday 8.00am to 5.00pm on 0800 429 000.