Term Deposits
Get a competitive return on your investment with a fixed rate term deposit.
It only takes about 5 minutes
Our featured rates
Interest rates for deposits $100,000 - $999,999
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Why choose a Suncorp Bank Term Deposit?
Easy to open and manage online or in-App
Open your Term Deposit, fund it from any eligible bank account, and track and manage it from Internet Banking and the Suncorp Bank App.
Track your progress
Easily view and track your Term Deposit alongside your other accounts in the Suncorp Bank App.
Manage maturity instructions
You can easily update your maturity instructions at any time prior to maturity in the Suncorp Bank App.
No set up or establishment fees
Plus no ongoing account-keeping or transaction fees.
Low risk investment
Your Term Deposit is guaranteed by the Australian Government.#
Flexible options let you customise your investment
You can invest between $5,000 - $1,999,999 (for investments over $2,000,000, please call us on 13 11 75 or visit a branch for a negotiated rate).
Choose a term that suits you, with options from as little as one month up to five years.
Decide how your interest will be paid with options of monthly, quarterly, six monthly, yearly or at maturity depending on the length of your deposit.^
Decide what happens when your term deposit matures.
You can:
- Automatically reinvest the original amount and interest for another term between 1 and 18 months (please be aware that interest rates may be different at time of reinvestment).
- Increase or decrease the original amount for another term. Or simply have the original amount plus interest earned paid into your nominated bank account.
Rates and fees
Things you should know
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.
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 Financial Claim Scheme website at www.fcs.gov.au.