Personal Term Deposit.
Earn up to
p.a.
11 months term
Earn a high fixed interest rate over the term of your choosing. On deposits of $10,000 or more - no fees.
High interest, fixed returns.
Pay no fees.
Flexible terms.
Let your money do the work for you.
Sit back, relax and watch your savings grow. Secure competitive interest rates from 3 months to 2 years. Take control, grow your savings and resist the urge to dip in by securely locking them away1 in a term deposit account.
Popular fixed term rates
Choose a term that suits your savings goals, whether it's a holiday, a home or a hot air balloon (if that's your thing). Here's a snapshot of some of our rates.
6 months (180 days)
EARN UP TO
p.a.
11 months (330 days)
EARN UP TO
p.a.
1 year (365 days)
EARN UP TO
p.a.
Benefits of our term deposits
Competitive rates up to % p.a.
Secure a high interest rate guaranteed for your chosen term on deposits of $10,000 to $5 million. Rates are dependent on the term you choose.
No fees
Every cent you deposit earns you interest - with no fees - so your entire balance has the chance to grow.
Know your savings are secure
Rest easy knowing combined eligible balances up to $250,000 per account holder are protected under the Australian Government's Financial Claims Scheme.
How much could I earn?
Explore your estimated savings potential with our Term Deposit Calculator.
No fees, great rates
Competitive interest rates, fixed for the term. Minimum opening deposit of $10,000.
Terms |
Interest rates |
|---|---|
3 months (90 days) |
% p.a |
4 months (120 days) |
% p.a |
6 months (180 days) |
% p.a |
7 months (210 days) |
% p.a |
9 months (270 days) |
% p.a |
11 months (330 days) |
% p.a |
1 year (365 days) |
% p.a |
2 years (730 days) |
% p.a |
How to open a Personal Term deposit
Open online
The fastest way to open a term deposit is by completing the online application. You'll be ready to start saving in a few simple steps.
Choose your maturity option
You'll be asked to choose from the following maturity options:
You can also change options anytime online up to 1 business day before maturity.
Watch your savings grow
Once set up's done, sit back, relax and watch your savings grow with a secure rate for your chosen term.
What you'll need to open your account:
To open a Personal Term Deposit, you need a minimum deposit of $10,000.
You must be:
You'll need to give us:
Canstar Bank of the Year, after year, after year...
ING has been awarded Canstar Bank of the Year seven years running (2020 - 2026) for outstanding value across our suite of products and services.