Get more out of your money with an Auswide Bank Term Deposit

You can lock into a competitive interest rate that's protected for your fixed term. Whether you invest $5,000 or $5 million, we'll help you make your money grow!

1 month

1.10% p.a.
For deposits over $5,000
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3 months

1.55% p.a.
For deposits over $5,000
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5 months

1.65% p.a.
For deposits over $5,000
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12 months

1.55% p.a.
For deposits over $5,000
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Features

  • No account or transaction fees
  • Competitive interest rates for the duration of your deposit
  • A range of options on maturity ^
  • Minimum investment $5,000

Australian Government $250,000 Guaranteed Deposits

Australian Government $250,000 Guaranteed Deposits

This account is protected by the Australian Government deposit guarantee. Up to $250,000 of deposits in 'protected accounts' held by an entity with Auswide Bank are covered under the Financial Claims Scheme.

How much will I earn on my term deposit?

Term Deposit Calculator

How to apply for an Auswide Bank Term Deposit

Existing Auswide Bank Customers

1

Internet Banking

Login to Internet Banking
and Apply Online.

2

Make your deposit

Deposit funds will be debited from your nominated Auswide Bank account and the Term will be invested.


No Internet Banking? Complete a Term Deposit Application Form and return it to your local branch or email to auswide@auswidebank.com.au. Then transfer in your deposit by completing and returning an Electronic Periodical Payment Form (to fund from an Auswide Bank account), or Direct Debit Request Form (to fund from an external account).


New to Auswide Bank

1

Simple form

Complete a New Client Form.

2

Provide I.D.

Bring your I.D. to a branch or your nearest Australia Post outlet.

3

Simple form

Complete a Term Deposit Application Form.

4

Make your deposit

Transfer funds using your Internet Banking or return a Direct Debit Form.


You can complete a Direct Debit Form to debit the minimum opening balance from an account at another Financial Institution.

If you are providing your I.D. at an Australia Post, you'll need to fill out an Australia Post - Identity Verification Form along with your original and current identification documents as detailed on this form.


Want a different term or need some help?

This information is a summary of features & benefits only - full details are available in the relevant terms and conditions.

^ Upon maturity, unless you provide us with new instructions, your Term Deposit will automatically roll over for an identical term at the current interest rate applicable to that term. When your funds are renewed for the same fixed term as before, the applicable interest rate may be higher or lower than the interest rate that you received in the previous term due to the rates we offer changing from time to time. Any withdrawal of part or all funds prior to maturity will be subject to 31 days' notice. Alternatively at the end of your term, should you wish to modify your Term Deposit, you may notify us 2 calendar days before but no later than 7 calendar days after the maturity date and:

  • Transfer your investment to a different term deposit;
  • Deposit to or withdraw from the term deposit;
  • Have the full amount of your term deposit paid to any of your other accounts with Auswide ;
  • Have the full amount paid to you by cheque;
  • Use the funds to pay any of your bills by BPAY®

® Registered to BPAY Pty Ltd (ABN 69 079 137 518)