BUSINESS ACCOUNTS
Term Deposits for your business
Get a competitive return on your investment with a fixed rate term deposit.
BUSINESS ACCOUNTS
Term Deposits for your business
Get a competitive return on your investment with a fixed rate term deposit.
Negotiated rates available
Contact us or visit us in branch when investing $2,000,000+.
No set up or establishment fees
Plus, no ongoing account-keeping or transaction fees.
Maximise your business’ surplus savings
with term options from 1 month to
five years.
Featured rates for deposits
$100,000 - $999,999
Featured rates for deposits $100,000 - $999,999
Flexible options let you customise your
business investment
Term Deposit interest rates
Term Deposit fees
Term Deposit fees
Frequently Asked Questions
What is a maturity date?
The date when the investment term of your fixed term deposit ends.
What happens when you choose to end a term deposit prior to the maturity date?
- You will be required to provide 31 days-notice to end your term deposit early
- You won’t have access to the funds until 31 days from the first business day since you notified the Bank to withdraw your funds (unless grounds of hardship exist).
- You’ll lose a portion of the interest earned on your investment, calculated up to the date your Term Deposit is broken. The amount of interest you will lose will depend on how early in the investment term you seek to withdraw your funds.
For information on the portion of interest adjustment, please read our Product Information Document.
What happens at the end of a term deposit?
The date when the investment term of your fixed term deposit ends.
About 3 weeks before your Term Deposit maturity date we’ll remind you via letter and provide you with your current maturity instructions and options if you would like to change your maturity instructions. You can choose to automatically reinvest your TD for the same or a different term or have the funds released into your account.
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Home Loan, Personal and Business Banking products are issued by Suncorp Bank (Norfina Limited ABN 66 010 831 722 AFSL No 229882 Australian Credit Licence 229882) to approved applicants only. Eligibility criteria, conditions, fees and charges apply and are available on request. Please read the relevant Product Information Document and terms and conditions before making any decisions about whether to acquire a product.
An Interest adjustment will apply for early withdrawals. Other Fees and charges 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. Fixed Term Deposits issued by Suncorp Bank (Norfina Limited ABN 66 010 831 722 AFSL No 229882 Australian Credit Licence 229882). Advertised rates not available for alternative Interest Payment frequencies. An interest adjustment will apply to early withdrawals. Other Fees and charges may apply.
The date when the investment term of your fixed term deposit ends.
