Term Deposit

Deposit rates

Features

• Offers available on Term Deposits opened or renewed by existing St.George personal or business customers. Available on deposits of $1,000-$2,000,000 with interest paid monthly or at maturity depending on term. T&Cs Apply.
• Predictable earnings: With a fixed interest rate, you?ll know exactly how much you?re going to earn over your choice of fixed term.
• Online bonus rates: Logon to check if you qualify for higher rates than those featured. You'll get an extra 0.10% p.a. for opening or renewing online.
• Secured savings: Avoid the temptation to dip into your savings, by locking your investment away for a fixed length of time.
• Options at maturity: Choose whether to withdraw funds or reinvest them, providing your instructions online or in the app.
• Open a Term Deposit with as little as $1000 and pay no set up or monthly fees. Rates featured are available on deposits of up to $2000000.
• When you open a St.George Term Deposit, your money will be looked after by an Australian banking group that dates back over 200 years. Plus, combined balances up to $250,000 per account holder are guaranteed by the Australian Government under its Financial Claims Scheme.
• Business customers are eligible to open an account and can open account either by Branch, Phone, online.
• Opening Confirmation, Maturity, Reinvestment and Repayment advices are sent as regular advices
• Choice of terms ranges from 1 to 60 months
• Interest payment options are available

Who can apply

• otherRestrictions apply if the Account holder is under the age of 14: the Account must be opened in the minor?s name, by a parent, guardian, or grandparent, i.e. an adult must sign the Account opening form and the parent, guardian, or grandparent opening the Account must become an authorised signatory at the time of opening the Account, other T&Cs apply.
• residency status - Australian Permanent Resident
• otherOnline Only Existing Customers: If you already use Internet or Mobile Banking, you can renew or open a new Term Deposit online in your name. You can also check for bonus rates and manage your Term Deposit online.
• otherOnline Only New Customers: you'll need to open an everyday account to access Internet Banking (so you can open a Term Deposit and manage it online).

Limits

• min balance - 1000.00Minimum Opening Balance
• max balance - 2000000.00Maximum Balance
• otherYou 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.

The provider's own documents

• Product overview › (opens in a new tab)
• Terms and conditions › (opens in a new tab)
• Eligibility criteria › (opens in a new tab)
• Fees and pricing › (opens in a new tab)

Published by the provider under the Consumer Data Right. These are their documents, not ours - they are the authority on this product.