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Term Deposit Calculator

Compare terms and find out how much you could earn on your investment.
CALCULATOR

Calculate your earnings

$
Term
Interest paid
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Interest rate
0 %
p.a.
Total interest earned on your investment
$0#
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#Estimates of interest amounts are indicative only based on current interest rates and deposit values for the prescribed term and should not be relied upon. Actual interest amounts will vary.
FAQS

Term deposits explained

Frequently asked questions about term deposits.

How is interest calculated on a term deposit?

Interest is calculated daily on your whole term deposit balance. It is paid monthly or at maturity depending on the payment frequency you select. If your term is longer than one year, interest can be paid monthly or annually.

You can use the term deposit calculator above to discover how much you could earn on your investment.

What kind of interest rate can I get on a term deposit?

The exact interest rate will depend on the length of your term and the type of term deposit account you have, however interest rates for term deposits are often higher for longer terms. Our term deposit calculator can help you compare your return on investment for individual terms.

View interest rates for term deposit accounts.

How long should I put my money in a term deposit?

We offer many different options, from a short one-month stint to a five-year investment.

When deciding on a term we recommend you consider your personal situation, savings goals and when you want to access to your funds. It’s also important to note that your term length will affect the interest rate you receive. You can browse our term deposits and compare rates here.

1 year term deposit
5.20
%
p.a.
Open now
9 month term deposit
5.20
%
p.a.
Open now
6 month term deposit
5.20
%
p.a.
Open now
3 month term deposit
4.90
%
p.a.
Open now

Minimum investment $5,000. For deposits of 1 year or less, interest paid at maturity. Over 1 year, interest paid annually.

More ways to save
Savings Accounts

Saving for a home deposit or something extra special? Get a competitive interest rate to help you save smarter.

Learn more about term deposits

What is a term deposit?

A term deposit is a great way to earn interest on your savings. See what interest rate you might get on a Great Southern Bank Term Deposit.

Read more
Types of term deposits

Secure and low-risk, a term deposit provides stable returns with guaranteed rates. Find out if it’s the right choice for you here.

Read more
When should you choose a term deposit?

Secure and low-risk, a term deposit provides stable returns with guaranteed rates. Find out if it’s the right choice for you here.

Read more
Term deposits vs high-interest savings accounts – what’s the difference?

Deciding between a term deposit or a high-interest savings account comes down to what’s important to you. Great Southern Bank Term Deposits and Savings Accounts have no monthly account fees, helping you to save smarter.

Read more
Important Information

Rate current as at 03 May 2024 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.

Deposits up to $250,000 per account holder are guaranteed by the Federal Government under the Financial Claims Scheme.