---
title: "Impact Term Deposit 6 months — Bank Australia"
description: "Term Deposits from Bank Australia. Rates, fees, features and eligibility as published under Australia's Consumer Data Right."
canonical: https://www.cdrcompare.au/brands/bank-australia/products/ad7a95c3-cdf1-4869-9d1e-6cc956b3ed75
source: "CDR Compare"
language: en-AU
last_updated: 2026-06-24T05:52:05.651Z
---

# Impact Term Deposit 6 months — Bank Australia

> Term Deposits from Bank Australia. Rates, fees, features and eligibility as published by the provider under Australia's Consumer Data Right, compared on CDR Compare.

**Term Deposits**

Support a set pool of lending that funds targeted impact for people and the planet, while growing your savings.

## At a glance

- **Fixed rate:** 5.2% (6 months)

## Apply

Applications are handled by the provider: [Apply at Bank Australia](https://join.bankaust.com.au/#/welcome?productcode=217)

## Deposit rates

| Type | Rate | Applies to | Interest paid |
| --- | --- | --- | --- |
| Fixed · 6 months (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.) | 5.2% | Term Deposit 6 months - $500-$1m - Balance | every 6 months |
| Fixed · 6 months (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.) | 5.2% | Term Deposit 6 months - $500-$3m - Balance | every 6 months |

## 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 — Charged yearly · Administration fee where account has been transferred to dormancy status. | Ongoing | $10.00 |
| Same day funds transfers within Australia fee (RTGS) — This fee is for a Real Time Gross Settlement (RTGS) payment which refers to the process of transferring money from one bank to another in Australia on a real time and gross basis. The cost is per transfer. | Transaction | $20.00 |
| Inwards Payment fee — International money transfer from overseas (other fees may be charged by participating banks involved in the transaction or settlement). The cost is per transaction. | Deposit | $0.00 |
| Online international payment in foreign currency — This fee is charged when you make an International Payment in foreign currency on-line via Internet banking or Bank Australia app. The cost is per transfer. | Payment | $10.00 |
| Staff assisted international payment in AUD — This fee is charged when you make an International Payment in AUD via a Branch or the Contact Centre. The cost is per transfer. | Payment | $30.00 |
| Term Deposit Early Withdrawal — Any request for early release of funds from the term deposit will be subject to 31 days' notice. If regular access to funds is required, another account may be more suitable. The request for early withdrawal will incur an early release prepayment adjustment to the interest rate and a Term Deposit early withdrawal admin fee may apply. Please refer to Summary of Accounts for more information. Any funds you leave in the account will continue to earn interest at the interest rate originally agreed. The minimum investment amount of $500 must be retained in the term deposit. | Event | $0.00 |
| Duplicate statement fee — $5 per statement (for period more than 3 months before request). A fee that may be charged if you order a copy of a statement that has already been issued on your account. This fee per statement and is charged on or after the day you order the duplicate statement. | Event | $5.00 |

## Features

- **Digital banking** (You can self-serve your day-to-day banking needs via Bank Australia's App or Internet Banking.)
- **Early Withdrawal: If you want to withdraw your TD prior to maturity, you are required to provide 31 days' prior notice. You may incur an interest adjustment and a Term Deposit early withdrawal admin fee.**

## Eligibility

- **Business customers** (Sole traders, Pty Ltd, public companies, partnerships or associations)
- **Minimum age** — 0 years (Children 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 only** (Natural Person or In trust for a Natural Person or Non-Individual entity.)
- **Residency status** — AU (Be an Australian citizen, permanent resident or have a valid visa; or entity be registered in Australia.)

## Constraints

- **Minimum balance** — $500.00 (Minimum Balance of $500 is required)

## More information from Bank Australia

- [Overview](https://www.bankaust.com.au/banking/impact-term-deposit)
- [Terms & conditions](https://www.bankaust.com.au/banking/term-deposits#tab3)
- [Eligibility](https://www.bankaust.com.au/banking/term-deposits#tab2)
- [Fees & pricing](https://www.bankaust.com.au/banking/term-deposits#tab1)

## Data provenance

- Published by Bank Australia under the Consumer Data Right
- Product ID: `ad7a95c3-cdf1-4869-9d1e-6cc956b3ed75`
- Last updated by the provider: 24 June 2026
- Source payload (JSON): https://www.cdrcompare.au/api/raw/bank-australia/ad7a95c3-cdf1-4869-9d1e-6cc956b3ed75
- Provider page: https://www.cdrcompare.au/brands/bank-australia
- CDR register entry: https://www.cdr.gov.au/find-a-provider?provider=000150

---

Source: [CDR Compare](https://www.cdrcompare.au/brands/bank-australia/products/ad7a95c3-cdf1-4869-9d1e-6cc956b3ed75) — product data published by Australian data holders under the Consumer Data Right. Not financial advice; no rankings, recommendations or affiliate relationships. Always confirm details with the provider.

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