Term Deposit
Lock away your money for a period of time and get a guaranteed return.¹
Everyday benefits
- The reassurance of a guaranteed return on your investment.
- Avoid market fluctuations with a specific amount locked away at a fixed interest rate (with no immediate access to funds during the term).¹ ²
- Choose a term length that matches your business cycle.
- 4.20% p.a. fixed rate available for terms of 11 months^, for amounts between $1,000 and $2,000,000.
- Add 0.10% p.a. to these rates if you’re already with St.George and are opening or renewing online. #
Eligibility requirements
- 18+ years old
- Minimum deposit of $1,000
- Operating in Australia with an Australian address
- You must be an existing St.George banking customer
- Online application and online bonus rate available for personal customers and sole traders only.
- Not a sole trader? Speak to your banker about your options
Top features
Special Offer
Earn Interest
Interest can be paid at maturity, annually, half yearly or monthly.
Read more about interest rates
Flexibility
Flexible maturity options.
1 month to 5 years.
Term Deposit interest rates
| $1000 to less than $2000000 | |
|---|---|
| 1 to less than 2 months | 1.25% p.a. |
| 2 to less than 3 months | 1.45% p.a. |
| 3 to less than 4 months | 2.90% p.a. |
| 4 to less than 5 months | 3.05% p.a. |
| 5 to less than 6 months | 3.15% p.a. |
| 6 to less than 7 months | 3.30% p.a. |
| 7 to less than 8 months | 3.40% p.a. |
| 8 to less than 9 months | 3.45% p.a. |
| 9 to less than 10 months | 3.50% p.a. |
| 10 to less than 11 months | 3.60% p.a. |
| 11 to less than 12 months | 3.60% p.a. |
| 12 to less than 24 months | 3.90% p.a. |
| 24 to less than 36 months | 3.05% p.a. |
| 36 to less than 48 months | 3.05% p.a. |
| 48 to less than 60 months | 3.05% p.a. |
| 60 months | 3.05% p.a. |
Bonus rates: Add 0.10% p.a. to these rates if you’re already with St.George and are opening or renewing online#. Sign in and check rates to see if you qualify for a higher bonus rate.
How to apply
Important information
Conditions apply. Before making a decision, it's best to read the terms and conditions and important information document.
Find out what information you need to provide to become a customer.
Please read these documents and keep a copy. You can request a paper copy at a branch or by post.
1. Following lodgement of the minimum balance requirement, the rate is guaranteed for the term of the investment.
2. You must provide a minimum of 31 days' notice to access funds prior to maturity (except in cases of hardship). Early withdrawal may reduce returns.
3. Special rates will apply for a single term. Standard Term Deposit rates may apply for any subsequent term. Special rates are not available for corporate, institutional or government customers.
- Existing St.George personal and sole trader customers taking up a Special Offer Term Deposit.
- Opened, or renewed during the grace period, via Internet Banking, the App or by talking to us. Not available in Business Banking Online.
- Not available for Financial Institutions or Government customers.
- For renewing Term Deposits, customer-initiated instructions must be provided in the grace period.
- We reserve the right to withdraw, amend or extend the offer at any time.
- Rate and offer apply for a single term.
- Higher or lower rates may apply for subsequent terms.
- You must provide a minimum of 31 days’ notice to access funds prior to maturity (except in cases of hardship).
- If the deposit or any part of it is withdrawn early, an interest rate adjustment will usually apply.
- Term Deposits opened or renewed during the grace period via Internet Banking or the App only. Not available in Business Banking Online.
- The bonus offer will be applied in conjunction with any other rate offer that may apply.
- Not available for customers who are not able to open or renew via Internet Banking (e.g., some joint accounts), business customers except sole traders or Term Deposits held as security.
- For renewing Term Deposits, customer-initiated instructions must be provided in the grace period.
- We reserve the right to withdraw, amend or extend the offer at any time.
- Rate and offer apply for a single term.
- Higher or lower rates may apply for subsequent terms.
- You must provide a minimum of 31 days’ notice to access funds prior to maturity (except in cases of hardship).
- If the deposit or any part of it is withdrawn early, an interest rate adjustment will usually apply.
Term deposits are "protected accounts" under the Financial Claims Scheme (FCS). Payments under the FCS are subject to a limit for each depositor. For more information visit www.fcs.gov.au.
The advice on our website is prepared without knowing your financial circumstances. Before you act on this or any advice, please consider if it’s right for you. If you need help, call 13 38 00.
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