Change, renew or terminate your term deposit

You can change how you receive interest payments and what to do with the term deposit at maturity.

• Your request gets submitted to us via an Online Enquiry.
• We'll contact you within 24-48 hours after your request is submitted

1. Log in to ANZ Internet Banking
2. Select your term deposit
3. Then select the Maintain term deposit

Step 4 - Enter the principal payment instructions

Choose what you want to do with the principal amount when your ANZ Term Deposit matures. You can choose between two options:

1. Reinvest principal amount into term deposit
2. Transfer principal amount to a selected account

Step 5 - Enter the interest payment instructions

Choose what you want to do with the interest earned on your term deposit. You can choose between two options: Reinvest interest or Transfer interest.

Step 6 - Review your request

Review your request on the "Maintain your term deposit - review request" page to ensure all information is correct. If you need to change any details, click "Back" on the bottom left and re-enter any details by following steps 1-4.

Step 7 - Confirm your request

When you are happy with the details provided, click "Confirm" to acknowledge and accept the customer authorisation conditions.

Step 8 - View your request

The "Maintain your term deposit - Enquiry sent" page will display confirming your request to amend the existing term deposit instructions has been submitted.

What happens next?

The ANZ Term Deposit team will process your request and respond to your enquiry within two bank business days.

When you request to reinvest your ANZ Term Deposit at maturity there is a seven day grace period after the reinvestment. During this grace period you can make changes.

• Choose to increase or decrease the investment amount as well as the instructions for payment at maturity.
• The ongoing interest rate applied to your term deposit will be the current rate on the date your deposit was reinvested.

How to reinvest your term deposit in Internet Banking

1. Log in to ANZ Internet Banking
2. Select your term deposit
3. Then select the Maintain term deposit  

Step 4 - Fill in the required information

Click Continue, select the Update details button on the bottom right and you're all done.

Step 5 - Enter the reinvestment amount details

Choose one of three options for the reinvestment amount.

1. Keep the reinvestment amount the same
2. Increase balance of the term deposit
3. Decrease balance of term deposit

Step 6 - Review your request

Depending on the options you chose in step 2, you will be taken to one of the following pages to review your request:

1. Maintain your term deposit - review request
2. Increase term deposit amount - review request
3. Withdraw part of deposit - review request

Review your request on this page to ensure all information is correct. If you need to change any details, click "Back" and re-enter any details by repeating steps 1-2.

Step 7 - Confirm your request

When you are happy with the details provided, click "Confirm" to acknowledge and accept the customer authorisation conditions.

Step 8 - View your lodgement receipt

Depending on the options you chose in step 2, you will be taken to one of the following confirmation pages confirming that a SecureMail has been sent to the ANZ Term Deposit team on your behalf requesting an amendment to the existing term deposit instructions:

• Option 1 - Maintain your term deposit - Securemail sent
• Option 2 - Increase term deposit amount - Securemail sent
• Option 3 - Withdraw part of deposit - Securemail sent

We make it easy for you to request to withdraw all or part of your ANZ Term Deposit before the maturity date.

• Choose the withdrawal amount and the account to transfer the funds into, should the request be approved.
• The request gets submitted to us via a SecureMail.
• After you submit the request we'll contact you within 24-48 hours.

How to terminate your term deposit early in Internet Banking

1. Log in to ANZ Internet Banking
2. Select the term deposit
3. Then select the Terminate your term deposit early
4. Enter your withdrawal details and choose between two options

tip2

	Option 1 - Full withdrawal of your term deposit. This will close your term deposit account. Option 2 - Partial withdrawal of your term deposit. Enter the amount you wish to withdraw. Please note your balance must remain above $5,000.

5. Select the account to transfer the ANZ Term Deposit funds to
6. Fill in your contact details
7. Review all your information to ensure it is correct. If you notice any mistakes or wish to change your request, click Back and re-enter the correct details following steps 4-7.
8. Click Confirm on the bottom right to confirm your request