Term Deposit 12 months
Fixed Term Deposits start from as little as $1,000, and you can choose terms that work for you - between 30 days and 24 months.
- Fixed rate
- 5.2%
Deposit Rates
| Type | Rate | Applies To | Interest Paid |
|---|---|---|---|
| Fixed Where terms exceed 12 months, interest is capitalised annually. Interest payable in respect of the last 12 months or part thereof is added to the balance at maturity. | 5.2% | — | yearly |
Fees
| Fee | Type | Amount |
|---|---|---|
| Early Withdrawal Penalty Early withdrawal may incurr a partial loss of interest accrued depending on the Term remaining at the time of ealry withdrawal. | Exit | $30.00 |
Features
- Digital banking
- View your term deposit with convenient Online Banking.
- Fixed rate for the life of the Term.
Eligibility
- Individuals only — The Member must be a natural person rather than another legal entityIndividuals and Joint accounts only.
Constraints
- Minimum balance — $1,000.00The Member must be a natural person rather than another legal entity
- Maximum balance — $1,000,000.00All term deposit rates are for amounts up to $1million. For larger amounts please contact us to discuss your options.
More Information
Published by Defence Bank under the Consumer Data Right · Last updated 7 July 2026 · Product ID 213 · View on CDR.gov.au