Business Term Deposit
Business Term Deposit option: we pay a great rate to reward you for stashing your hard earned cash with us.
- Fixed rate
- 5.3%
- 9 months
Deposit Rates
| Type | Rate | Applies To | Interest Paid |
|---|---|---|---|
| Fixed · 1 month Rate applied to a 1 Month Term Deposit · This rate is applicable to new Term Deposit Accounts | 4.05% | — | monthly |
| Fixed · 9 months The rate applied to a 9 month Term Deposit · This rate is applicable to new Term Deposit Accounts | 5.3% | — | every 9 months |
| Fixed · 8 months The rate applied to a 8 month Term Deposit · This rate is applicable to new Term Deposit Accounts | 5.3% | — | every 8 months |
| Fixed · 3 months The rate applied to a 3 month Term Deposit · This rate is applicable to new Term Deposit Accounts | 4.95% | — | every 3 months |
| Fixed · 7 months The rate applied to a 7 month Term Deposit · This rate is applicable to new Term Deposit Accounts | 5.3% | — | every 7 months |
| Fixed · 4 months The rate applied to a 4 month Term Deposit · This rate is applicable to new Term Deposit Accounts |
Fees
| Fee | Type | Amount |
|---|---|---|
| Term Deposit Early Withdrawals withdraw part or all of the balance before the maturity date, the interest you receive on the amount withdrawn may be reduced based on the term elapsed as a percentage of the total term. This is the Early Withdrawal Adjustment. View TD Terms and conditions for full details Percentage of time elapsed out of original term: Percentage Interest reduced by - 0% to <20%: 90%, 20% to < 40%:80%, 40% to < 60%: 60%, 60% to < 80%: 40%, 80% to < 100%: 20% | Withdrawal | From $0.00 |
Features
- 7 calendar days rollover cooling off period
- Digital banking
- All deposits you have with BNK/Goldfields are guaranteed up to $250,000 by the Australian Government, under the Financial Claims Scheme. For more information on the Financial Claims Scheme.
- A loyalty bonus maybe offered if you automatically roll over your term deposit into a new term with BNK/Goldfields
- No Fees
- Rollover facility available
Eligibility
- Minimum age — 18 years
- Residency status — Be a Company, sole trader business, partnership, or a Trustee of a Trust or SMSF and have either an ACN, ABN or ARBN;
- Business customers- Be a Company, sole trader business, partnership, or a Trustee of a Trust or SMSF and have either an ACN, ABN or ARBN; - Only want up to a maximum of 8 signatories on the Account and have at least one signatory who is at least 18 years of age and an Australian resident for tax purposes; - Have a business address, registered office, and postal address in Australia; and - Maintain a current email address, an Australian mobile number and always have access to an electronic device with a working internet connection.
Constraints
- Minimum balance — $5,000.00
- Opening balance — $5,000.00
Published by BNK Bank (Goldfields Money/BCHL) under the Consumer Data Right · Last updated 13 July 2026 · Product ID Bus_TD_01 · View on CDR.gov.au · View Source Data (JSON)