Apply for a Term Deposit

Competitive, Fixed Rate Term Deposits.

Invest from just $5,000, and lock your money in from 1 month to 5 years to earn high interest with a great term deposit rate. Enquire online today, and we'll get back to you within two business days.

Apply for a Term Deposit
Enquire Online



Take advantage of our current special Term Deposit interest rates

Term Deposits - Special Rates

Term$5,000 - $49,999$50,000 - $99,999$100,000 - $249,999$250,000 - $499,999
4 months1.90% p.a.2.00% p.a.2.20% p.a.2.25% p.a.
7 months2.40% p.a.2.50% p.a.2.55% p.a.2.60% p.a.
12 months2.45% p.a.2.55% p.a.2.55% p.a.2.60% p.a.

Rates effective 4 October 2016 and are subject to change without notice.

The above rates are for $5,000 - $499,999. If you're looking to lock away your money for a different period, please visit our full Term Deposits rates table.  

For anything above $500,000, please call us or visit your nearest branch.

How to Apply

Apply for a Term Deposit


Enquire online: Let us know the amount you want to invest in a Term Deposit and the time period you're interested in and we'll be in touch within two business days.

In Branch

Visit your nearest Suncorp Bank branch and one of our friendly staff will help you to open a Term Deposit. 


Existing Customers 

Existing Suncorp Bank customers can open a Term Deposit online. Simply log on to Internet Banking, and select 'Open a New Account/Loan' and follow the steps. Need help with applying for a Term Deposit via Internet Banking? Our Existing Term Deposit Customers section has an easy how to guide.


Looking for an alternative to a Term Deposit? 

eOptions High Interest Online Savings Account

Easily access your money while earning interest.


For when you want to earn interest at a competitive rate, no minimum amount required.

Business Saver account

For when you want to earn interest on short-term savings for your business. 

55+ Account 

Earn interest and be rewarded for your position in life.  

Things you need to know:

Fixed Term Deposits issued by Suncorp-Metway Ltd ABN 66 010 831 722 AFSL No: 229882 (“Suncorp Bank”). Advertised rates not available for alternative Interest Payment frequencies. An interest adjustment will apply to early withdrawals. Other Fees and charges may apply.

Minimum deposits and withdrawals may apply. Please read the Product Information Document before making any decision regarding this product. For a paper copy visit your local branch or contact us on 13 11 75.

^The Financial Claims Scheme (FCS) under the Banking Act 1959 applies to the deposit accounts you have with us. You may be entitled to a payment under the Financial Claims Scheme in some circumstances. Payments under the Financial Claims Scheme are subject to a limit for each customer. Information about the Financial Claim Scheme can be obtained from the FCS website at