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Term Deposits to help achieve your savings goals.
Choose a Term Deposit that suits you the best.
2-Year Term Deposit
Interest annually. Min investment $5,000
Apply now
3-Month Term Deposit
Interest annually. Min investment $5,000
Apply now
10-Month Term Deposit
Interest annually. Min investment $5,000
Apply now
12-Month Term Deposit
Interest annually. Min investment $5,000
Apply now

Rates & Fees

You can't say fairer than $0 account or application fees.

Conditions: Minimum investment $5,000. Interest is calculated daily on whole balances*. To receive the Platinum Plus Club Member rates mentioned below, the account owner of the term deposit must be either an individual aged 55 years or over, or a Super Fund/Trust, where the Trustee is an individual aged 55 years or over^.

Platinum Plus Club Members (55+) ^


Why choose a Great Southern Bank Term Deposit?

$0 monthly account keeping fees
Your money's yours to spend how you like.
Choose a term that suits you
With options ranging from one month to five years, you can choose an investment term to suit your needs.
Choose how and when your interest is paid
Option to receive your interest payments either monthly, annually or at maturity so you can make plans.
Guaranteed rate of return
Lock in your rate for a set period so you can plan. And with interest calculated daily, you'll know upfront what you'll earn on your investment.
Ready to apply online today?
You can open an account online with us in less than five minutes.
Open an account
The process
1. Apply via post

Download and print the application form

2. Continue existing application
  • Must make a minimum investment of $5,000
  • Must be an Australian resident
What you need to apply online
  • Visit one of our branches
  • Call us on 133 282
    Mon - Fri: 8:00am - 7:00pm (AEST)
    Sat: 8:00am - 4:00pm (AEST)
    Find a branch
Open an account

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Get in touch
We're here to help.
Call 133 282

Mon - Fri: 8:00am - 7:00pm (AEST)
Sat: 8:00am - 4:00pm (AEST)

Find a branch
Speak to one of our friendly staff at a branch near you.
Connect online
Chat to us or browse help topics and FAQs.
Important Information

Rate current as at  24 June 2022 and subject to change.

Great Southern Bank, a business name of Credit Union Australia Ltd ABN 44 087 650 959, AFSL 238317. Conditions, fees and charges apply. This is general information and does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information, including the Terms & Conditions (T&Cs) booklet, before acting on it. The Financial Claims Scheme may apply to this product; refer to the T&Cs for more information.

* Interest is calculated daily on whole balances and paid at maturity or annually for terms more than one year. If you seek an early release of your term deposit prior to its maturity date, an early withdrawal interest penalty may apply.

^ Platinum Plus Club membership is available only to individual or Trustee Platinum Plus Club Members aged 55 years or older. A minimum deposit of $5,000 required.

To view the Target Market Determination for this product, please click here.