Bank Accounts

Term Deposits

Get a fixed interest rate for your fixed term investment.

Renew online

Special Offer

Up to 4.90% p.a. online offer for 11 months

How your interest adds up:

  • 4.80% p.a. Fixed Rate Special Offer1 Term Deposit for a Term of 11 months

  • PLUS, an additional 0.10% p.a. online bonus offer2 when you open or renew online

 

Up to 4.80% p.a. online offer for 8 months

How your interest adds up:

  • 4.70 p.a. Fixed Rate Special Offer1 Term Deposit for Terms of 8 months​

  • PLUS, an additional 0.10% p.a. online bonus offer2 when you open or renew online

Term and Conditions
Open an account Renew an account

Offers available from 31/12/2024 on Term Deposits opened or renewed by existing St.George personal or business customers. Available on deposits of $1,000-$5,000,000 with interest paid monthly or at maturity depending on term. T&Cs Apply.

 

To open a joint Term Deposit, or Term Deposit for a trust or self-managed super fund, please visit us in branch, or contact your Relationship Manager.
 

Not yet a St.George customer? Please contact a St.George Branch.

Benefits of a St.George Term Deposit

Predictable earnings
With a fixed interest rate, you’ll know exactly how much you’re going to earn over your choice of fixed term.
Online bonus rates
Logon to check if you qualify for higher rates than those featured. You'll get an extra 0.10% p.a. for opening or renewing online.
Secured savings
Avoid the temptation to dip into your savings, by locking your investment away for a fixed length of time.
Options at maturity
Choose whether to withdraw funds or reinvest them, providing your instructions online or in the app.

Popular Term Deposits

  • 3.25% p.a. for 3 months with interest paid at maturity
  • 3.60% p.a. for 6 months with interest paid at maturity
  • 3.80% p.a. for 24 months with interest paid annually
  • Add 0.10% p.a. to these rates if you're already with St.George and opening or renewing online.2
  • Logon to check for any higher bonus rates you may qualify for.

 

Open a Term Deposit with as little as $1000 and pay no set up or monthly fees. Rates featured are available on deposits of up to $2000000.

See all our Term Deposit interest rates.

Can I open a Term Deposit online?

Note: joint Term Deposit applications, or Term Deposit applications for a trust or self-managed super fund, need to be completed in branch, or contact your Relationship Manager

Yes, if you're already with us:

If you already use Internet or Mobile Banking, you can renew or open a new Term Deposit online in your name. You can also check for bonus rates and manage your Term Deposit online.
 

Logon to open Renew online

If you're not a customer yet:

If you don't have a St.George account, you can open via:

  • Internet Banking: you'll need to open an everyday account to access Internet Banking (so you can open a Term Deposit and manage it online).
  • Call centre or branch: you can give us a call or open a Term Deposit in branch if you don't need to manage your Term Deposit via Internet or Mobile Banking.

Find your nearest branch
View personal account

How much could I earn?

Use our calculator to find out how much interest a term deposit could earn.
 

Go to Term Deposit Calculator

How secure are my savings?

When you open a St.George Term Deposit, your money will be looked after by an Australian banking group that dates back over 200 years. Plus, combined balances up to $250,000 per account holder are guaranteed by the Australian Government under its Financial Claims Scheme.3

How do I manage my Term Deposit when it matures?

  • There’s no need to call or visit a branch as you can do it all online or in our app
  • You can set up instructions in advance online and update them at any time
  • If you want to reinvest some or all of your funds in a new Term Deposit, check the latest rates on offer online plus any bonus rates
  • If you want to withdraw your funds, you can provide us with your instructions to transfer them into an account that you nominate.
     

Read more about managing your Term Deposit

Don't bank online? Please visit any branch to manage your Term Deposit. Or call us.

FAQs

The 0.10% p.a. online bonus rate2 will be applied automatically to your Term Deposit rate when you open online or renew online during the Grace Period4. It’s only available to existing customers who bank online and in the app.  

Already bank with us online?

Logon to check for rates and bonuses for new Term Deposits.

Logon to check rates

New to St.George?

Apply in branch. Or open an everyday account then apply for a Term Deposit online.

Browse accounts

Deposit about to mature?

Manage your Term Deposit online, choosing to renew or withdraw.

Manage online

Need flexible access to your savings?

Maxi Saver

Earn introductory bonus interest for the first 3 months.

Incentive Saver

Rewarding you for growing your savings each month.

Important information
Before making a decision about any of our products or services, please read all the terms and conditions and consider whether the product or service is right for you. Fees and charges apply and may change. 

Term Deposits Terms and Conditions and General Information (PDF 4MB) 
Internet Banking and Phone Banking Terms and Conditions (PDF 708KB)

 
1. Special Offer 
  • Existing St.George personal and sole trader customers taking up a Special Offer Term Deposit.
  • Opened, or renewed during the grace period, via Internet Banking, the App or by talking to us. Not available in Business Banking Online.
  • Not available for Financial Institutions or Government customers.
  • For renewing Term Deposits, customer-initiated instructions must be provided in the grace period.
  • We reserve the right to withdraw, amend or extend the offer at any time.
  • Rate and offer apply for a single term.
  • Higher or lower rates may apply for subsequent terms.
  • You must provide a minimum of 31 days’ notice to access funds prior to maturity (except in cases of hardship).
  • If the deposit or any part of it is withdrawn early, an interest rate adjustment will usually apply.

 
2. Online Bonus Offer 
  • Term Deposits opened or renewed during the grace period via Internet Banking or the App only. Not available in Business Banking Online.
  • The bonus offer will be applied in conjunction with any other rate offer that may apply.
  • Not available for customers who are not able to open or renew via Internet Banking (e.g., some joint accounts), business customers except sole traders or Term Deposits held as security.
  • For renewing Term Deposits, customer-initiated instructions must be provided in the grace period.
  • We reserve the right to withdraw, amend or extend the offer at any time.
  • Rate and offer apply for a single term.
  • Higher or lower rates may apply for subsequent terms.
  • You must provide a minimum of 31 days’ notice to access funds prior to maturity (except in cases of hardship).
  • If the deposit or any part of it is withdrawn early, an interest rate adjustment will usually apply.


3.  Financial Claims Scheme: A St.George Term Deposit is a ‘protected account’ under the Australian Government’s Financial Claims Scheme (FCS). Payments under the FCS are subject to a limit for each depositor.


4.  Grace Period means 14 calendar days from the date the Term Deposit matures. If the end of the Grace Period would fall on a Sunday or a public holiday, the period ends on the immediately preceding Business Day.