Term Deposit

Managing your Term Deposit

Renew or withdraw your Term Deposit online, without having to visit a branch.*

Log on to renew

How will I know my Term Deposit is maturing?

  •  Based on your preferences, we’ll either mail or email  you when your Term Deposit is maturing – and tell you in your Internet Banking message centre too

  •  Set up renewal or withdrawal instructions in advance online or in our app – and update them whenever you want to.

From the date of maturity, you’ll have 14 days (called the Grace Period) during which you can provide or change instructions. If no instructions are received after that time, the funds will be reinvested for the same term as previously at what might be a new interest rate. If the 14 days ends on a Sunday or public holiday, the Grace Period will end on the business day that immediately precedes it.

Manage your savings online

Compare renewal rates

Logon to check the rates and bonus rates on offer for a new term. You’ll get an extra 0.10% p.a if you renew online.2

Choose what to do

Reinvest some or all of your funds for another term. Or withdraw your funds and close the account.

Tell us what you want

You can provide maturity instructions at any time in Internet Banking or the app. Or wait until your account matures.

Special Offers

Up to 5.10% p.a. online offer for for 12 to 23 months 

How your interest adds up:​

  • 5.00% p.a. Fixed Rate Special Offer1 Term Deposit for Terms of 12 to 23 months 

  • PLUS, an additional 0.10% p.a. online bonus offer2 when you open or renew online

Up to 4.2% p.a. online offer for 6 months


How your interest adds up:​

  • 4.1% p.a. Fixed Rate Special Offer1 Term Deposit for Terms of 6 months​

  • PLUS, an additional 0.10% p.a. online bonus offer2 when you open or renew

Term and Conditions
Open an account Renew an account

Offer available from 10/11/2023 for a limited time only on Term Deposits opened or renewed by existing St.George personal or business customers. Available on deposits of $1,000-$5,000,000 with interest paid monthly or annually. T&Cs Apply.

Not yet a St.George customer? Please contact a St.George Branch

 

Deposit about to mature?

Manage your Term Deposit online choosing to renew or withdraw.

 

Get started

Get the St.George app

 

Download from the Google Play Store

 

Download from the App Store


Important information
Before making a decision about any of our products or services, please read all the terms and conditions and consider whether the product or service is right for you. Fees and charges apply and may change. 

Term Deposits Terms and Conditions and General Information (PDF 4MB) 
Internet Banking and Phone Banking Terms and Conditions (PDF 1MB)
 

*Managing Term Deposits online may not be available in some circumstances, such as when an account is held jointly with two signatories. See Online bonus rate T&Cs for other exceptions.

 
1. Special Offer 
  • 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.


2. Online Bonus Offer 
  • 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.