Key benefits.
Secure your rate.
Know exactly how much interest you will earn with a fixed interest rate.
Guaranteed.
Securely backed by the Government Guarantee.1
Term options.
Deposits from $2,000 for as little as three months, or up to five years.
Pick your interest.
Choose what suits you, receive interest monthly, annually or at maturity.2
What is a Term Deposit?
Interest rates.
Short-Term Deposit
- Minimum investment $2,000
- Investments from three months
- Interest paid at maturity
- Interest calculated daily on the whole balance and paid into a Beyond Bank Account of your choice.
Medium-Term Deposit
- Minimum investment $2,000
- Investments from six months
- Interest paid at maturity
- Interest calculated daily on the whole balance and paid into a Beyond Bank Account of your choice.
Long-Term Deposit
- Minimum investment $2,000
- Investments from 12 months
- Interest paid either monthly or annually
- Interest calculated daily on the whole balance and paid into a Beyond Bank Account of your choice.
Fees and charges.
| Early Redemption Fee: if you choose to redeem your term deposit prior to maturity (in whole or part) an Early Redemption Administration Fee may apply as well as a reduced interest rate. | $25.00 |
View our Fees and Charges Guide for the full details of other transaction and service fees that may apply.
How to apply.
Term Deposits are available to all individuals for non-business purposes.
To open an account, please contact us or pop into your closest branch.
Got a question about our accounts?
Interest rates are current as at 21 November 2023.
* For balances $2,000 - $49,999 based on interest paid at maturity.
1 Account holders may be covered by the Commonwealth Government's Financial Claims Scheme. Deposits are subject to a limit. For more information on the Financial Claims Scheme, please visit the FCS website.
2 Not all payment methods are available on all terms, see our Interest Rates Schedule for more information.
Terms, conditions, fees and charges apply. For full details please review our Financial Services Guide, Product Guide and Fees and Charges Guide available on our website at www.beyondbank.com.au/disclosures, by calling us on 13 25 85 to request a copy or by visiting a branch.
This information has been provided without taking into account any of your objectives, financial situation or needs. Before acquiring any products you should read the relevant guides to decide if a product is right for you.
All products and services are provided by Beyond Bank Australia Ltd, 100 Waymouth Street, Adelaide, SA 5000, ABN 15 087 651 143 AFSL/ Australian Credit Licence 237 856. © 2023
