You can enjoy the following benefits:

• competitive interest rates¹ paid regularly to you or to an account you nominate
• interest can compound annually or be paid fortnightly, monthly, quarterly or annually
• funds are capital guaranteed up to $250,000
• Financial Claims Scheme - you may be entitled to payment under the government’s financial claims scheme. Payments under the scheme are subject to a limit for each depositor (currently $250,000). You can obtain information about the scheme from the Australian Prudential Regulation Authority (APRA) website and the APRA hotline on 1300 13 10 60.
• no management or account keeping fees

Eligibility

To be eligible, you must:

• choose a 12 months fixed term
• make a minimum initial deposit of $5,000
• make subsequent minimum deposits of $2,000.

Features of our 12 Months Regular Income include:

• interest calculated daily and paid to you on a regular basis.
• Fixed interest rate for the 12 months term

Rates

Fees & Charges

Refer to Fees & Charges (PDF) for information on current fees & charges.

3 easy ways to apply

• Apply online
• Call 13 63 73 option 3, or
  
• Visit a branch

Before you apply...

Remember to read the Product Disclosure Statements:

• Part 1 Investment Accounts (PDF)
• Part 1 Non-Cash Payment Services (PDF)
• Part 2 Fees and Charges (PDF)
• Part 3 Interest Rates (PDF)

and the General Information, Terms and Conditions (PDF) which contains the terms and conditions for our products and services, and the Financial Services Guide (PDF) which tells you about us and the services we offer.

Important advice on early withdrawals

The withdrawal of funds prior to the maturity period requires the prior agreement of the bank and your investment may be subject to a reduction in the interest rate.

Important advice on maturity notices

As a term deposit account holder, you will be sent maturity notices at least one week prior to the maturity date, along with our current interest rates. If your maturity instructions are not received prior to maturity date, your deposit will be renewed in a new fixed term deposit for the same or similar term and interest will be paid in accordance with previous instructions.

Important advice on early redemptions

Deposits cannot generally be withdrawn prior to maturity. However, we may (at our discretion) agree to a request for the full or partial redemption of a deposit prior to the expiry of its full term. If an early redemption is required, your request must be made in writing to us - advising the amount that is needed, the reason and the withdrawal details. If the account is held in joint names, all parties are to sign the request, regardless of the method of operating the account. Please note that we may (at our discretion) apply an interest rate reduction.

Term certificates

Confirmation of your deposit will be sent to you in the form of a Term Certificate. Certificates are issued following initial lodgement and after each renewal.