Term deposits

Give your money a guaranteed wake up call

Get the certainty of a fixed rate of return plus flexible interest payment options with RaboDirect's range of term deposits. You’ll enjoy guaranteed returns and because your interest is paid at regular intervals, you can treat it like another steady stream of income. 

  • Certainty of a fixed rate of return
  • Choose a term that suits you - from 1 month to 5 years
  • Flexibility of having your interest paid monthly, quarterly, half yearly or yearly
  • Start from a low $1,000
  • All term deposits rates area available to Businesses and DIY Super funds

Not a RaboDirect customer yet?

How to apply

Tip: Looking for term deposit investment strategies?

PeriodInterest rate*
 1 month4.75% pa
 3 months5.30% pa
 6 months6.21% pa
 9 months6.35% pa
 1 year6.50% pa
 2 years6.60% pa
 3 years6.65% pa
 4 years6.70% pa
 5 years7.00% pa

 *For deposits up to $1 million. For interest rates on deposits over $1M call us on 1800 445 445. 

Not a RaboDirect customer?

To open a RaboDirect term deposit, you’ll first need to open a RaboDirect savings account. Apply for an account now – it takes just a few minutes.

Already a RaboDirect customer?

If you’re already a RaboDirect customer, simply login to your account and go to the term deposits menu to open a term deposit of your choice. It’s easy to set up, login to get started now.

More information

Australia’s safest bank

from Australia's safest bank

Rabobank is the world’s safest non-government owned bank^. All deposits with RaboDirect are guaranteed by our ultimate parent Rabobank, an institution larger than the Commonwealth Bank, Westpac, National Australia Bank and ANZ. So your money is in safe hands.

How to applyApply online now for a RaboDirect account

Things we'd like you to know

Early termination fees apply to term deposits.

*RaboDirect and related deposit products are issued by Rabobank Australia Limited. Deposits with RaboDirect are guaranteed by our ultimate parent, Rabobank, which has been awarded the world's safest non-government owned bank for 11 consecutive years by Global Finance magazine (1999-2009).