Term Deposit


Lock in your savings for a fixed term with a solid rate and watch them grow.

4.00% p.a.

for 12 months


  • Terms from 1 - 48 months
  • Choose to earn an income from your investment or grow with quarterly compounding interest
  • Open and manage easily in our mobile app or internet banking
  • No establishment or management fees

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Step Saver


Grow yourself a healthy return with the option to make the odd withdrawal.

2.20% p.a.^

0.60% standard interest
1.60% bonus interest

  • Allows you to build your savings over time
  • Earn competitive bonus interest, even with one withdrawal a month^
  • No minimum deposit
  • No monthly fees
  • Enjoy 24/7 access to your money via our mobile app or internet banking


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Existing customer? Open online now

Not quite what you are looking for?


If a Term Deposit or Step Saver account doesn't feel like quite the right fit for you, not to worry, we have some other savings options you might like to consider.


Explore our full range of savings options

^Bonus interest - Extra 1.60% p.a. bonus interest is paid every month if the account balance, exclusive of interest, is higher at the month's end (or on the date the account is closed) than the balance at the start of the month (or on the date the account is opened if the account has been open for less than one month) and no more than one withdrawal is made in the month. If you make one withdrawal within a month, you still need to ensure your balance at the end of the month has grown (excluding interest paid) to be eligible for bonus interest. If you make more than one withdrawal in a month you'll earn the standard interest rate.

A month in this context runs from 8pm on the last day of a calendar month to 7.59pm on the last day of the next month