Term Deposit

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.
  • Limited time offer: 5.00% p.a. fixed rate available for terms between 12 and 23 months, for amounts between $1,000 and $5,000,000.
  • Add 0.10% p.a. to these rates if you’re already with St.George and 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.

 

Open now Reinvest

 

Top features

 

Special offer

Earn 5.00% p.a. for 12 to 23 months term, on balances $1,000 to less than $5,000,000 with interest paid monthly or at maturity 1

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

Interest paid at maturity
  $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 3.55% p.a.
4 to less than 5 months 3.60% p.a.
5 to less than 6 months 3.70% p.a.
6 to less than 7 months 3.80% p.a.
7 to less than 8 months 3.85% p.a.
8 to less than 9 months 3.90% p.a.
9 to less than 10 months 4.05% p.a.
10 to less than 11 months 4.05% p.a.
11 to less than 12 months 4.05% p.a.
12 to less than 24 months 4.30% p.a.
24 to less than 36 months 4.05% p.a.
36 to less than 48 months 4.05% p.a.
48 to less than 60 months 4.05% p.a.
60 months 4.05% p.a.
Interest paid annually
  $1000 to less than $2000000
24 to less than 36 months 4.05% p.a.
36 to less than 48 months 4.05% p.a.
48 to less than 60 months 4.05% p.a.
60 months 4.05% p.a.
Interest paid half yearly
  $1000 to less than $2000000
12 to less than 24 months 4.30% p.a.
24 to less than 36 months 4.05% p.a.
36 to less than 48 months 4.05% p.a.
48 to less than 60 months 4.05% p.a.
60 months 4.05% p.a.
Interest paid monthly
  $1000 to less than $2000000
6 to less than 7 months 3.80% p.a.
7 to less than 8 months 3.85% p.a.
8 to less than 9 months 3.90% p.a.
9 to less than 10 months 4.05% p.a.
10 to less than 11 months 4.05% p.a.
11 to less than 12 months 4.05% p.a.
12 to less than 24 months 4.30% p.a.
24 to less than 36 months 4.05% p.a.
36 to less than 48 months 4.05% p.a.
48 to less than 60 months 4.05% p.a.
60 months 4.05% p.a.

Bonus rates: Add 0.10% p.a. to these rates if you’re already with St.George and opening or renewing online#. Sign in and check rates to see if you qualify for a higher bonus rate.

 

How to apply

Open now

Get started today

Call 13 33 30

Please say "New account" when prompted

Drop in

Find your nearest branch

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.

5.00% offer - Rate is available for new or renewed Term Deposits from $1,000 to $5,000,000, on 12 to 23 month terms. Not available for Financial Institutions. Rate applies for a single term.  Higher or lower rates may apply for subsequent terms. Rate is not available in conjunction with any other special rates offered on St.George Term Deposits, unless specified otherwise.
Rate will not be automatically applied to a renewing Term Deposit. Commercial and Private Bank customers will need to contact their Relationship Manager.  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 normally apply. This offer is available via Online Banking (for existing customers) or by talking to us.

# Online bonus rate is only available for Term Deposits between $1,000 and $5,000,000 opened or renewed by existing customers via Internet Banking (during the Grace Period). The  bonus rate will be applied in conjunction with any other bonus rate that may apply. Not available for customers who are not able to open or renew digitally (e.g. some joint accounts), Commercial Bank or Private Bank customers, or for Term Deposits held as security. Rate applies for a single term. Higher or lower rates may apply for subsequent terms. Rate will not be automatically applied to a renewing Term Deposit. 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 normally apply. We reserve the right to withdraw, amend or extend this offer at any time.

Access is subject to systems availability. Daily transaction limits apply.

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 33 30.

BPAY® registered to BPAY Pty Ltd ABN 69 079 137 518

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