If you’re hoping to stash away a lump sum for the long term without the hassle of set-up costs or monthly service fees, then the ANZ Term Deposit may be what you’re looking for. With terms of up to 5 years, the ANZ Term Deposit offers the certainty of fixed returns for any savers searching for a set-and-forget option.
The ANZ Term Deposit offers terms from as short as 1 month all the way up to 5 years. Savers who invest for 6 months will be able to receive a 0.10% p.a. interest rate when they invest between $5,000 (minimum) and $99,999 (maximum). At 1 year, the interest rate increases to 0.15% p.a., while investing your funds for 5 years also earns you a 0.15% p.a. interest rate.
Bear in mind that the ANZ Term Deposit has an automatic rollover feature, so make sure to let ANZ know if you want to withdraw your funds at the end of your investment period. If you don’t notify them, your account will roll into a new term and you might get a lower interest rate.
The ANZ Term Deposit could be a good choice for Aussies looking for a low-maintenance place to store away a bit of cash for the long term.
The ANZ Term Deposit doesn’t pay interest to another bank, so you’ll need to have an ANZ bank account to receive interest on your term deposit.
0.05% p.a. ($5,000 to $99,999) |
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0.05% p.a. ($5,000 to $99,999) |
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0.05% p.a. ($5,000 to $99,999) |
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0.05% p.a. ($5,000 to $99,999) |
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0.05% p.a. ($5,000 to $99,999) |
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0.10% p.a. ($5,000 to $99,999) |
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0.10% p.a. ($5,000 to $99,999) |
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0.10% p.a. ($5,000 to $99,999) |
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0.10% p.a. ($5,000 to $99,999) |
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0.10% p.a. ($5,000 to $99,999) |
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0.10% p.a. ($5,000 to $99,999) |
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0.15% p.a. ($5,000 to $99,999) |
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0.15% p.a. ($5,000 to $99,999) |
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0.15% p.a. ($5,000 to $99,999) |
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0.15% p.a. ($5,000 to $99,999) |
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0.15% p.a. ($5,000 to $99,999) |
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0.15% p.a. ($5,000 to $99,999) |
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0.15% p.a. ($5,000 to $99,999) |
$5,000.00 |
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$99,999.00 |
no |
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yes |
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none |
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none |
Different interest rates apply to different amounts or different interest payment frequencies.
they are just really good what can i say
Read full reviewthey are just really good what can i say
I have several accounts with ANZ. The average wait time to set up a simple account in a branch is more than 1/2 hr. They have recently lost an account of mine. I am seriously looking at alternatives.
Read full reviewI have several accounts with ANZ. The average wait time to set up a simple account in a branch is more than 1/2 hr. They have recently lost an account of mine. I am seriously looking at alternatives.
We have a term deposit with ANZ as it is located close to where we live. The rate we get at the branch is better than the rate we get by mail.
Read full reviewWe have a term deposit with ANZ as it is located close to where we live. The rate we get at the branch is better than the rate we get by mail.
Friendly people and service.
Read full reviewFriendly people and service.
Spoke to me about various options for investment. Discussed the pros and cons - very informative. Explained how withdrawals work and how they will automatically renew if advised. Send letters with status of investment, amount of interest and balances.
Read full reviewSpoke to me about various options for investment. Discussed the pros and cons - very informative. Explained how withdrawals work and how they will automatically renew if advised. Send letters with status of investment, amount of interest and balances.