Summary
Double check the details before opening your account
Term Deposit
Lock away your money safely and know exactly what your return will be with a fixed interest rate and a choice of terms
The important numbers
| $1000 - $2000000 Deposit amount |
| Earn a standard rate based on the term selected† |
| Bonus rates may be added, including an extra 0.10% p.a. for opening online# |
| $0 Set up fees |
| $0 Account-keeping fee |
What you get
- Choose a timeframe that suits your needs
- Know exactly what your return will be with a fixed rate of return
- If you’re an existing St.George customer you may be eligible for a bonus rate on top of our standard rates.
- Deposits up to $250,000 are guaranteed by the Australian government.
Existing customer special offer*
3.90% p.a. special Term Deposit fixed rate offer for 12 - 23 months. Available from 18th October 2022 for a limited time only on Term Deposits opened or renewed by St.George personal and business customers on deposits from $1,000 - $5,000,000 with interest paid monthly. Open or renew online and make it 4.00% p.a. (which includes 0.10% p.a. online bonus rate#).
Important information
*Rate is available for new or renewed Term Deposits for 12-23 month terms, from $1,000 to $5,000,000. 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 If the deposit or any part of it is withdrawn early, an interest rate adjustment will normally apply.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 Internet 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, Private Bank or Westpac Institutional 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.