Term deposits

6 months

2.35% p.a.

12 months

3.05% 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 1.25%
4 months 1.55%
5 months 1.80%
6 months 2.35%
7 months 2.35%
8 months 2.35%
9 months 2.45%
12 months 3.05%
18 months 3.35% 
24 months 3.50%


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.