People First Bank
Term Deposit
People First Bank · term deposits
Provider last updated this product 2026-09-22.
A secure way to invest your money and earn a great return on your investment.
Deposit rates
| Type | Rate | Term | Calculated | Applies to | Conditions | Interest |
|---|---|---|---|---|---|---|
| FIXED | 3.00% | 2 months | daily | 2 - 3 months | For rates on investment amounts $5,000,000 and above please phone 13 11 82 or visit your local branch | calculated daily, paid P2M |
| For rates on investment amounts $5,000,000 and above please phone 13 11 82 or visit your local branch | ||||||
| FIXED | 4.00% | 3 months | daily | 3 - 4 months | For rates on investment amounts $5,000,000 and above please phone 13 11 82 or visit your local branch | calculated daily, paid quarterly |
| For rates on investment amounts $5,000,000 and above please phone 13 11 82 or visit your local branch | ||||||
| FIXED | 4.85% | 4 months | daily | 4 - 5 months | For rates on investment amounts $5,000,000 and above please phone 13 11 82 or visit your local branch | calculated daily, paid P4M |
| For rates on investment amounts $5,000,000 and above please phone 13 11 82 or visit your local branch | ||||||
| FIXED | 4.00% | 5 months | daily | 5 - 6 months | For rates on investment amounts $5,000,000 and above please phone 13 11 82 or visit your local branch | calculated daily, paid P5M |
| For rates on investment amounts $5,000,000 and above please phone 13 11 82 or visit your local branch | ||||||
| FIXED | 5.00% | 6 months | daily | 6 - 7 months | For rates on investment amounts $5,000,000 and above please phone 13 11 82 or visit your local branch | calculated daily, paid half-yearly |
| For rates on investment amounts $5,000,000 and above please phone 13 11 82 or visit your local branch | ||||||
| FIXED | 5.45% | 7 months | daily | 7 - 8 months | For rates on investment amounts $5,000,000 and above please phone 13 11 82 or visit your local branch | calculated daily, paid P7M |
| For rates on investment amounts $5,000,000 and above please phone 13 11 82 or visit your local branch | ||||||
| FIXED | 4.50% | 8 months | daily | 8 - 9 months | For rates on investment amounts $5,000,000 and above please phone 13 11 82 or visit your local branch | calculated daily, paid P8M |
| For rates on investment amounts $5,000,000 and above please phone 13 11 82 or visit your local branch | ||||||
| FIXED | 5.10% | 9 months | daily | 9 - 10 months | For rates on investment amounts $5,000,000 and above please phone 13 11 82 or visit your local branch | calculated daily, paid P9M |
| For rates on investment amounts $5,000,000 and above please phone 13 11 82 or visit your local branch | ||||||
| FIXED | 4.50% | 10 months | daily | 10 - 11 months | For rates on investment amounts $5,000,000 and above please phone 13 11 82 or visit your local branch | calculated daily, paid P10M |
| For rates on investment amounts $5,000,000 and above please phone 13 11 82 or visit your local branch | ||||||
| FIXED | 4.50% | 11 months | daily | 11 - 12 months | For rates on investment amounts $5,000,000 and above please phone 13 11 82 or visit your local branch | calculated daily, paid P11M |
| For rates on investment amounts $5,000,000 and above please phone 13 11 82 or visit your local branch | ||||||
| FIXED | 5.08% | 12 months | daily | 12 - 24 months | For rates on investment amounts $5,000,000 and above please phone 13 11 82 or visit your local branch | calculated daily, paid monthly |
| For rates on investment amounts $5,000,000 and above please phone 13 11 82 or visit your local branch | ||||||
| FIXED | 5.20% | 12 months | daily | 12 - 24 months | For rates on investment amounts $5,000,000 and above please phone 13 11 82 or visit your local branch | calculated daily, paid annually |
| For rates on investment amounts $5,000,000 and above please phone 13 11 82 or visit your local branch | ||||||
| FIXED | 5.13% | 24 months | daily | 24 - 36 months | For rates on investment amounts $5,000,000 and above please phone 13 11 82 or visit your local branch | calculated daily, paid monthly |
| For rates on investment amounts $5,000,000 and above please phone 13 11 82 or visit your local branch | ||||||
| FIXED | 5.25% | 24 months | daily | 24 - 36 months | For rates on investment amounts $5,000,000 and above please phone 13 11 82 or visit your local branch | calculated daily, paid annually |
| For rates on investment amounts $5,000,000 and above please phone 13 11 82 or visit your local branch | ||||||
| FIXED | 5.13% | 36 months | daily | 36 - 48 months | For rates on investment amounts $5,000,000 and above please phone 13 11 82 or visit your local branch | calculated daily, paid monthly |
| For rates on investment amounts $5,000,000 and above please phone 13 11 82 or visit your local branch | ||||||
| FIXED | 5.25% | 36 months | daily | 36 - 48 months | For rates on investment amounts $5,000,000 and above please phone 13 11 82 or visit your local branch | calculated daily, paid annually |
| For rates on investment amounts $5,000,000 and above please phone 13 11 82 or visit your local branch | ||||||
| FIXED | 5.13% | 48 months | daily | 48 - 60 months | For rates on investment amounts $5,000,000 and above please phone 13 11 82 or visit your local branch | calculated daily, paid monthly |
| For rates on investment amounts $5,000,000 and above please phone 13 11 82 or visit your local branch | ||||||
| FIXED | 5.25% | 48 months | daily | 48 - 60 months | For rates on investment amounts $5,000,000 and above please phone 13 11 82 or visit your local branch | calculated daily, paid annually |
| For rates on investment amounts $5,000,000 and above please phone 13 11 82 or visit your local branch | ||||||
| FIXED | 5.13% | 60 months | daily | 60 - 60 months | For rates on investment amounts $5,000,000 and above please phone 13 11 82 or visit your local branch | calculated daily, paid monthly |
| For rates on investment amounts $5,000,000 and above please phone 13 11 82 or visit your local branch | ||||||
| FIXED | 5.25% | 60 months | daily | 60 - 60 months | For rates on investment amounts $5,000,000 and above please phone 13 11 82 or visit your local branch | calculated daily, paid annually |
| For rates on investment amounts $5,000,000 and above please phone 13 11 82 or visit your local branch | ||||||
Fees
| Fee | Type | Amount | Details |
|---|---|---|---|
| Early Redemption Fee | EVENT | 10.00% | The amount by which the interest will be reduced depends on the percentage of the term that has elapsed as at the date of the withdrawal of funds from the Term Deposit. |
| Company and Business Name Search | EVENT | $20 | Applies to each Company or Business Name Search completed |
| Signature Verification | EVENT | $5 | Applies when you request to withdraw funds without sufficient identification. |
| Duplicate/replacement Statement | EVENT | $10 | Applies when you request us to provide a copy of a statement that has already been issued (including where you request a paper copy of an eStatement). Charged at the time the statement is requested. |
| Replacement Interest Statement | EVENT | $10 | Applies when you request us to provide a copy of an interest statement that has already been issued. Charged at the time the statement is requested. |
| Frequent Statement Fee | EVENT | $2 | This fee applies to members who request a statement more regularly than the statement cycle specified in the Summary of Term Investment Accounts table in Chapter 7. Excludes eStatements, which are free of charge. |
Rate history
The figures behind this chart
| From | Until | Rate |
|---|---|---|
| 2026-08-08 | 2026-09-17 | 5.35% |
| 2026-09-24 | 2026-09-30 (current) | 5.45% |
Published figures as captured daily since 2026-08-08. A step is the day the provider's published figure changed; days without a published figure carry the last published value.
Features
- If you need to withdraw your Term Investment before it matures you will need to give us 31 days notice. We may charge you an early redemption fee.
- A safe and secure way to invest your money and earn a great interest rate on your business' savings.
Who can apply
- min age - 1212 years and older
- business - Business and non-personal entities
- residency status - Permanent residents of Australia who reside in Australia at the time of membership application are eligible for membership, regardless of citizenship status.
Limits
- min balance - 5000.00Age 25 and over
- opening balance - 5000.00Age 25 and over
- min balance - 1000.00Age under 25
- opening balance - 1000.00Age under 25
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: 2026-09-22T14:35:22.683Z · Product ID: 78e74a3d-0266-49ea-9aa7-cb406845da8d