Great Southern Bank
Platinum Plus Term Deposit 12 months (M)
Great Southern Bank · term deposits
Provider last updated this product 2026-10-06.
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You'll complete your application on
Great Southern Bank's website. Confirm the rate and fees with them
before applying.
Term Deposit (for customers aged 55 or over) 12 months with interest paid monthly.
Deposit rates
| Type | Rate | Term | Calculated | Applies to | Conditions | Interest |
|---|---|---|---|---|---|---|
| FIXED | 5.35% | 12 months | daily | 11 - 12 months | - | calculated daily, paid monthly |
Rate history
The figures behind this chart
| From | Until | Rate |
|---|---|---|
| 2026-07-15 | 2026-08-24 | 5.25% |
| 2026-08-28 | 2026-10-05 | 5.10% |
| 2026-10-06 | 2026-10-26 (current) | 5.35% |
Published figures as captured daily since 2026-07-15. A step is the day the provider's published figure changed; days without a published figure carry the last published value.
Features
- Guaranteed rate of return. You’ll know exactly how much you’ll earn on your investment before your term begins.
- Choose your own term. Options range from one month to five years.
Who can apply
- min age - 55To receive the Platinum Plus Club Member rates, the account owner of the term deposit must be either an individual aged 55 years or over, or a Super Fund/Trust, where the Trustee is an individual aged 55 years or over.
- residency status - You must be an Australian citizen or Australian resident to hold an account with Great Southern Bank
Limits
- min balance - 5000.00Minimum Investment $5,000
The provider's own documents
Published by the provider under the Consumer Data Right. These are their documents, not ours - they are the authority on this product.
Last updated by data holder: 2026-10-06T14:00:01.00000Z · Product ID: 1200-0600