Fixed Term Deposit
Get a guaranteed return on your savings with a Fixed Term Deposit
- Earn competitive rates for a term that suits your needs from 1 month to 5 years. Current Term Deposit offers include:
- Earn 6.00% p.a. for 7 months on balances between $5,000 and $5,000,000, interest paid at maturity.
- Earn 7.25% p.a. for 60 months on balances between $5,000 and $5,000,000, interest paid annually
- Also available for DIY Super customers
- Find out more about current Term Deposit rates and offers
Compare savings accounts
- Competitive interest rates with a guaranteed rate of return#
- Minimum opening balance of $1,000
- Term length between 1 month and 5 years
- Interest is calculated daily on the full balance of your account
- Interest payment frequency vary according to the term
- No statement issued. A Confirmation Certificate is issued each time an account is opened, matures or is renewed.
- Withdraw the balance when the term ends or if you need to during the term#
- Access Fixed Term Deposit Account details 24/7* on Internet and Phone Banking*
- Start your online application then use BPAY to fund your Opening Deposit or add extra funds when the account matures.
- Over the phone by calling on 13 13 76 7.30am – 7.30pm, Monday to Saturday and to connect you faster, say “New Account” when prompted.
- You can use BPAY to fund your Opening Deposit whether you’ve opened your new account online, over the phone or at a branch
Click here to compare accounts.
Important information
Before deciding to acquire or continue to hold a product, you should read the Terms and Conditions and ensure the product is appropriate. The governing Terms and Conditions documents for Fixed Term Accounts includes the Fixed Term Accounts Term Deposits Terms and Conditions & General Information, and Fixed Term Accounts interest rates. The Terms and Conditions are important and we encourage you to view, save and/or print this document. If you would like a paper copy of the document, please visit your local branch or request one by post. BankSA issues the products on this website.
Any advice on this website is prepared without consideration of your personal objectives, financial situation or needs. Before acting on this advice, you should consider if it is appropriate for you.
# The interest rate is reduced if you access your balance during the term of the account.
* Subject to systems availability and maintenance.
