An early withdrawal notice period applies. When a term deposit is withdrawn before the maturity date. Term Deposit Early Redemption Fee – For Term Deposit accounts opened or reinvested prior to 20 March 2022

Please read all the details of our Term Deposit fees in our Fees and Charges Schedule.

To find out about interest rates on deposits over $1 million, please phor drop into a RACQ store.įor more information, please read our Deposit Rate Schedule. When you open an RACQ Bank Term Deposit account, you can expect to receive your interest when your term deposit period ends (called the 'maturity' of the term deposit), or annually if your term is longer than 12 months.

Get your timing right with flexible terms between one month and five yearsĪlready have an account with RACQ Bank? Open a new Term Deposit account in your name via internet banking.Įnquire now Log in to internet banking Compare our term deposit rates.

Start saving straight away with only $1,000 minimum investment.

Put your investment on auto-pilot with a fixed return.

Our term deposits are covered by the government guarantee for the first $250,000 per member *. This fixed-rate, low-maintenance savings option allows you to know exactly what you'll get back and when you'll see a return, so you can start saving for the next big thing with confidence. Invest on your terms with an RACQ Bank Term Depositīe in complete control of your next investment with an RACQ Bank Term Deposit.

Bank long term deposit rates