Monthly Term Deposit 18 months
The fixed term deposit making a positive difference to more than just your bank balance.
- Fixed rate
- 3.45%
Deposit Rates
| Type | Rate | Applies To | Interest Paid |
|---|---|---|---|
| Fixed Interest rates expressed as annual percentage rates. The interest rates shown are for an amount of $500 to $3,000,000 for personal customers. For commercial customers the interest rates shown are for an amount of $500 to $1,000,000. | 3.45% | Monthly Term Deposit 18 months - $500-$1m - Balanc | monthly |
| Fixed Interest rates expressed as annual percentage rates. The interest rates shown are for an amount of $500 to $3,000,000 for personal customers. For commercial customers the interest rates shown are for an amount of $500 to $1,000,000. | 3.45% | Monthly Term Deposit 18 months - $500-$3m - Balanc | monthly |
Fees
| Fee | Type | Amount |
|---|---|---|
| SMS alert fee This fee is charged when you elect to receive notifications about your account via SMS messages to a mobile telephone number you have given us for contacting you. The cost is per SMS. | Event | $0.25 |
| Staff assisted international payment in foreign currency This fee is charged when you make an International Payment in foreign currency via a Branch or the Contact Centre. The cost is per transfer. | Transaction | $30.00 |
| Company/business name searches When we conduct a search of the ASIC register to obtain information about the ownership of a company in administration of an account. The cost is per search. | Event | $40.00 |
| Security token fee When you request that we provide you with a physical Token to provide an additional layer of security when you engage in transactions that carry a higher risk. We do not charge for the virtual token. | Event | $50.00 |
| Certificates supplied by the bank A fee for comprehensive certificates supplied for audit. The cost is $5 per page and $25 per hour. | Event | $5.00 |
| Dormancy Fee |
Features
- Digital banking
- You can self-serve your day-to-day banking needs via Bank Australia's App or Internet Banking
- Monthly income term deposit redemptions prior to the expiry of the agreed term will be approved with 31 days' notice. During the notice period, no interest will be earned on the portion of the term deposit being withdrawn and a Term Deposit early withdrawal admin fee may apply.
Eligibility
- Business customersSole traders, Pty Ltd, public companies, partnerships or associations
- Minimum age — 0 yearsChildren aged 12 years and younger requires that a parent or guardian is a signatory to the account until the child turns 13 years old. At the age of 13 years old, the parent or guardian may at the child's election, cease to be a signatory.
- Individuals onlyNatural Person or In trust for a Natural Person or Non-Individual entity
- Residency status — Be an Australian citizen, permanent resident or have a valid visa; or entity be registered in AustraliaAU
Constraints
- Minimum balance — $500.00Minimum Balance of $500 is required
More Information
Published by Bank Australia under the Consumer Data Right · Last updated 24 June 2026 · Product ID 148c18f6-fda4-4299-925d-6c6be990dcba · View on CDR.gov.au