Term deposits - Accounts

Term deposits

If you’re looking for financial certainty, an ANZ Term Deposit offers a fixed rate of return and a choice of investment terms, so you can calculate how your money will grow over your chosen period of time. Put your mind at rest with an ANZ Term Deposit and build returns you can rely on.

Benefits

Eligibility

Rates and charges

Secure, simple and easy to understand investment
Certainty of a fixed rate of return over an agreed period of time
Choice of investment terms from one month to five years to meet your investment needs
Peace of mind knowing that your money is covered by the Government Guarantee on deposits¹
Flexibility of having your interest paid monthly, half yearly or annually on terms of 12 months or more
At maturity you have the choice to automatically re-invest your funds, add extra funds or withdraw part or all of your funds by cheque or at your nearest ANZ branch
Investing over $100,000? Interest rates for amounts over $100,000 are updated daily. Call 1800 008 177 between 8am and 8pm Monday to Friday or visit your local branch to find out our latest rates. Interest rates are variable and subject to change.

To open an ANZ Term Deposit, you must:

be 12 years of age or over
be an Australian resident, with an Australian address - who can complete the ANZ Customer Identification Process in Australia upon opening the account or be an existing ANZ customer
make a minimum deposit of $5,000².

If you are 60 years or over you can also access bonus interest rates of up to 0.25% when you open an ANZ Term Deposit.

To apply for an ANZ Term Deposit with bonus interest, visit your nearest ANZ branch and present your Seniors Concession Card.

Interest rates

Amount	Interest rate
ANZ Term Deposit interest rates (for amounts from $5,000 to $99,999)	View current interest rates Bonus interest rates³ available for customers 60 years and over

For more information on bonus interest³ rates or interest rates for amounts over $100,000, call 1800 008 177 between 8am and 8pm Monday to Friday or visit your local branch. Interest rates are updated daily.

Fees and charges

If you decide to withdraw all or part of your ANZ Term Deposit prior to maturity a $30 fee will be payable. ANZ will be entitled to reduce the interest rate payable on the ANZ Term Deposit when there is an early withdrawal.

New ANZ customers

Simply call us on 1800 008 177, Monday to Friday 8am-8pm or visit your nearest ANZ branch.

Whatever your stage in life, we have a savings and investment account that could suit your needs.

ANZ Term Deposits are covered by the Australian Government Deposit Guarantee Scheme¹.

Terms and conditions are available on application. Fees and charges apply.

1. This is a deposit product offered by ANZ. Deposits with ANZ of up to and including A$1 million in aggregate will continue to be automatically guaranteed by the Federal Government without charge. The $1 million fee-free guarantee threshold is calculated on the total deposits held in one or multiple ANZ accounts by each ‘legal entity’. For deposits of more than A$1 million, we will offer customers the ability to opt-in to receive the benefit of the guarantee for a monthly fee of 0.7%pa. This is the fee we will be charged directly by the Federal Government as an AA rated bank. For information about what is a ‘legal entity’, please refer to the Federal Government Guarantee on Deposits fact sheet.

2. A minimum investment of $5000 is required and interest payable at maturity.

3. Senior Card holders can earn bonus interest of 0.25% p.a. on ANZ Term Deposit investments of $5,000 up to $100,000 with interest payable at maturity. Bonus interest offer is subject to change and is not available in conjunction with any other offer. To open an ANZ Term Deposit with bonus interest, visit your nearest ANZ branch and present your Seniors Concession Card.

Any advice does not take into account your personal needs and financial circumstances and you should consider whether it is appropriate for you.

ANZ recommends you read the Product Disclosure Statement and the Financial Services Guide (PDF 208kB) before acquiring the product.

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