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Term deposits

Enjoy a known rate of return for your choice of term, so you know exactly what your investment will be worth.

ANZ Advance Notice Term Deposit

Current interest ratesdisclaimer

Our ANZ Advance Notice Term Deposit may offer a higher competitive interest rate compared to our ANZ Term Deposit.disclaimer However, you will have to give us 31 days notice if you wish to withdraw the money prior to maturity.disclaimer Fees and charges will apply to early withdrawals. View more rates and terms

4 months


Investments of between $5,000 to $1,999,999
Interest paid at maturity

6 months


Investments of between $5,000 to $1,999,999
Interest paid at maturity

12 months


Investments of between $5,000 to $1,999,999
Interest paid at maturity

24 months


Investments of between $5,000 to $1,999,999
Interest paid annually

Learn moreHow to apply

If you're an existing customer you can apply online now if you have an existing ANZ everyday account or ANZ savings account and a minimum deposit of $5,000.


ANZ Term Deposit

Current interest ratesdisclaimer

Invest from $5,000 in a term of your choice and enjoy the certainty of fixed returns.disclaimer Fees and charges will apply to early withdrawals. View more rates and terms

3 months


Investments of between $5,000 to $1,999,999
Interest paid at maturity

6 months


Investments of between $5,000 to $1,999,999
Interest paid at maturity

12 months


Investments of between $5,000 to $1,999,999
Interest paid annually

24 months


Investments of between $5,000 to $1,999,999
Interest paid annually

Learn more How to apply

If you're an existing customer you can apply online now if you have an existing ANZ everyday account or ANZ savings account and a minimum deposit of $5,000.

For any questions or if you would like to invest $2,000,000 or more, please give us a call on 1800 008 177 between 8am and 8pm (AEST) Monday to Friday or visit your nearest ANZ Branch to discuss your term and interest rate.


What is a Term Deposit?

Learn about the ins and outs of Term Deposits in this short video. We’ll explain what Term Deposits are and how they work.

What is a Term Deposit?

If you’re looking for a way to grow your savings over a set period, a Term Deposit could be just the answer.

Term Deposits allow you to enjoy a known rate of return for a fixed period of time, usually from one month to five years.

How do Term Deposits work?

First, you’ll need to decide how much you're going to invest, with a minimum deposit of $5,000.

For how long…

How often you want to receive interest payments…

And lastly, what to do at the term's end: withdraw the balance of the Term Deposit or roll it over.

What are the differences between a Term Deposit and a Savings Account?

Let's explore some of the differences between these accounts:

Interest Rates

While savings account interest rates can fluctuate with market conditions, Term Deposits provide a fixed interest rate for a set period of time, ensuring you know exactly how much you'll earn and for how long.

Time Frame

Savings accounts generally have no fixed time frame, but most Term Deposits require a commitment to a specific period until maturity.

Associated Fees

Term Deposits typically have no account service fees unless you withdraw your funds prior to maturity. Savings Accounts, on the other hand, often have service fees or transaction fees. If the savings account pays bonus interest, incurring fees and charges could also disqualify you from earning bonus interest so it's important to research your options carefully and read the product terms and conditions before deciding whether to open the account.

Access to Funds

For Term Deposits, if you withdraw funds prior to the maturity date, you may incur fees and a reduction in the interest earned. You may also need to provide notice if you wish to withdraw your funds prior to the maturity date for some types of Term Deposits. You can usually access your funds in a savings account at any time.

Just remember that making withdrawals or incurring any fees or charges on a savings account could disqualify you from earning bonus interest - so be sure to read the product terms and conditions.

Adding Funds

Most banks allow you to add funds to your savings account anytime. For Term Deposits, additional deposits generally aren't allowed during the term.

What is an ANZ Advance Notice Term Deposit?

A little different from other Term Deposits, the ANZ Advance Notice Term Deposit allows you to earn a higher interest rate in return for providing 31 days’ advance notice if you want to withdraw funds before the end of the term. It’s a great way to make those funds you don’t need to access on short notice, work even harder. But keep in mind fees and charges will apply for early withdrawals and the account will incur an interest reduction in respect of the money withdrawn or transferred early. Please refer to the ANZ Saving & Transaction Products Terms and Conditions for further information.

To learn more about how to choose a Term Deposit, watch the next video in our series, or visit ANZ.com to learn about Term Deposits.

Choosing a Term Deposit

Thinking about investing in a Term Deposit? Learn more about some of your options on term lengths and where you can find out more about estimating interest on your Term Deposit in this short video.

Choosing a Term Deposit

If you’ve decided to invest in a Term Deposit, you’ll also need to consider the term length that works for you.

At ANZ, we generally group the term lengths into two broad categories.

Less than 12 Month Terms

These Term Deposits can be great for short-term goals like buying a car or saving for a holiday. 

1-5 Year Terms

These Term Deposits can be ideal if you don’t need your funds in a hurry and have long-term goals like saving for a home deposit or retirement.

Being able to choose the length of your Term Deposit can give you flexibility. It means you can lock away your money for a fixed period that suits you, and have certainty about the interest it will earn.

How to Estimate Interest on a Term Deposit

Before choosing a Term Deposit, you may want to estimate the interest it will earn over the course of its term.           

For this, you can use the ANZ Term Deposit Calculator on our website as a guide. 

First, enter the amount you wish to invest, keeping in mind there is a minimum investment of $5,000 required.

Then enter your preferred term length. This is the fixed period of time your investment will be locked away.

Finally, choose how frequently you would like to receive your interest payments.

And press calculate to see your estimate.

Choosing the right interest payment frequency is important.

That’s because the interest rate on Term Deposits with interest paid monthly may be lower than the interest rate on Term Deposits with interest paid less frequently, such as quarterly, twice a year, once a year, or at maturity.

Visit ANZ.com to learn about Term Deposits.

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Any advice does not take into account your personal needs and financial circumstances and you should consider whether it is appropriate for you. ANZ recommends you read the ANZ Saving & Transaction Products Terms and Conditions (PDF) and the Financial Services Guide (PDF) which are available at anz.com or by calling 13 13 14 before deciding whether to acquire, or continue to hold, the product. Fees, charges and eligibility criteria apply.

The information set out above is general in nature and has been prepared without taking into account your objectives financial situation or needs.  By providing this information ANZ does not intend to provide any financial advice or other advice or recommendations.  You should seek independent financial, legal, tax and other relevant advice having regard to your particular circumstances.

Rates do not qualify for additional bonus interest rates and are not available in conjunction with any other bonus or special interest rate offer. Rates current as at  and are subject to change.

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Different interest rates apply to different investment amounts, terms and interest frequencies. Rates current as at  and are subject to change. Early withdrawal fees will apply and the account will incur an interest reduction in respect of the money withdrawn or transferred early. Refer to ANZ Saving and Transaction Terms and Conditions (PDF). At maturity we will reinvest your ANZ Advance Notice Term Deposit based on the reinvestment consent you have given us and in accordance with instructions you have provided. If you choose to reinvest your principal (and interest) at the end of the investment term, the interest rate applicable to your ANZ Advance Notice Term Deposit may be lower than the interest rate on your maturing ANZ Advance Notice Term Deposit. If your circumstances change or this product is no longer suitable for you, please contact ANZ at or prior to maturity, or within your 7 day grace period (following reinvestment) to make alternative arrangements.

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An ANZ Advance Notice Term Deposit has a 31 day notice period. This means that if you request an early withdrawal or transfer of all or part of your funds, the funds will not be provided until the 31st day after the request (or, where that is a non-business day, on or before the next business day). An administration fee of $30 will be charged and the account will incur an interest reduction in respect of the money withdrawn or transferred early in accordance with the ANZ Savings and Transaction Product Terms and Conditions (PDF). If you may have a need in the future to immediately withdraw or transfer funds, other deposit products may be more suitable for you.

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Different interest rates apply to different investment amounts, terms and interest frequencies. Early withdrawal fees will apply and the account will incur an interest reduction in respect of the money withdrawn or transferred early. Rates current as at  and are subject to change. 

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ANZ Online Saver is only available to customers who open or who are the account holders of, or signatories to, eligible ANZ everyday banking accounts with ANZ Internet Banking or ANZ Phone Banking access. Eligible accounts include ANZ Access Advantage, ANZ Access Basic, ANZ Pensioner Advantage, ANZ Progress Saver, ANZ V2 PLUS and ANZ Premium Cash Management Account. Terms and conditions and fees and charges apply to the eligible account.

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Open your first ANZ Online Saver account and you'll receive an introductory fixed bonus rate of % p.a. for 3 months, on top of the ANZ Online Saver standard variable rate (currently ).  After 3 months, the ANZ Online Saver standard variable rate, applicable at that time, will apply. The introductory fixed bonus rate is only available on the first ANZ Online Saver account opened by customers who have not held an ANZ Online Saver in the last 6 months. In case of joint account holders, the introductory fixed bonus rate offer will only be received if all customers are eligible.

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Bonus interest is subject to eligibility. ANZ Progress Saver pays bonus interest (in addition to the current variable base interest) in respect of a particular month if the set minimum deposit (currently $10) and no withdrawals, fees or charges are processed to the account on or before the last business day of that calendar month, and after the last business day of the previous calendar month. Bonus and base rates are variable and subject to change.

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The ANZ App is provided by Australia and New Zealand Banking Group Limited (ANZ) ABN 11 005 357 522. Super and Insurance (if available) are not provided by ANZ but entities which are not banks. ANZ does not guarantee them. This information is general in nature only and does not take into account your personal objectives, financial situation or needs. ANZ recommends that you read the ANZ App Terms and Conditions available here for iOS (PDF) and here for Android (PDF) and consider if this service is appropriate to you prior to making a decision to acquire or use the ANZ App.

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A minimum deposit of $5,000 is required to open an ANZ Advance Notice Term Deposit or an ANZ Term Deposit. This calculator has been set to a maximum deposit of $4,999,999. If you want to invest $2,000,000 or more, please call 1800 008 177 or visit your nearest ANZ Branch to discuss your term and interest rate.

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Early withdrawal fees will apply. An administration fee of $30 will be charged and the account will incur an interest reduction in respect of the money withdrawn or transferred early. An ANZ Advance Notice Term Deposit has a 31 day notice period. This means that if you request an early withdrawal or transfer of all or part of your funds, the funds will not be provided until the 31st day after the request (or, where that is a non-business day, on or before the next business day). Refer to the ANZ Saving and Transaction Products Terms and Conditions (PDF 746kB) for further details.

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Interest rates current as at  and subject to change at any time. Different interest rates apply to each term deposit product and to different investment amounts, term lengths and interest frequencies. Early withdrawal fees may apply. Certain rates do not qualify for additional bonus interest rates and are not available in conjunction with any other bonus or special interest rate offer. For Advance Notice Term Deposits, this applies to investment terms of 3, 4, 6, 9, 11 and 12 months, as well as all term lengths of greater than 12 months. For Term Deposits, this applies to investment terms of 3, 6, 9 and 12 months as well as all term lengths of greater than 12 months.

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The principal difference between an ANZ Advance Notice Term Deposit and an ANZ Term Deposit (apart from the interest rate that applies) is that you must provide 31 days’ notice to ANZ if you wish to make an early withdrawal or transfer of all or part of your funds from an ANZ Advance Notice Term Deposit account. Further details are set out in ANZ Saving and Transaction Products Terms and Conditions (PDF 746kB).

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