Business Products
Term Deposits - Business
A Business Term Deposit is a straightforward and smart way to maximise any surplus
cash you may have in your business or the cash component of your DIY Super Funds
or Trust.
With a Business Term Deposit you have a fixed investment return that's not exposed
to market fluctuations.
Whether you have the minimum deposit of $10,000 or the maximum deposit of $10 million,
your money attracts a great fixed interest rate, no matter how long your investment.
ING DIRECT's Business Term Deposits are straightforward and offer you:
- A great fixed rate of interest
- No ING DIRECT fees
- Security knowing your money is safely locked away from temptation
They are available to business and trust account holders, and the terms and rates
are:
| Term |
Interest rate |
|
30 day rate |
4.50% p.a.
|
|
90 day rate
|
5.50% p.a.
|
|
120 day rate
|
5.80% p.a.
|
|
180 day rate
|
5.80% p.a.
|
|
210 day rate
|
6.40% p.a.
|
|
270 day rate
|
6.00% p.a.
|
|
330 day rate
|
6.00% p.a.
|
|
1 year rate
|
6.60% p.a.
|
|
2 year rate
|
6.80% p.a.
|
Business Term Deposit interest rates are current as at 23 July 2010 and are subject
to change.
Combined balances up to $1 million per customer will be guaranteed by the Australian
Government for free until 12 October 2011. ING DIRECT will not offer access to the
Government Deposit Guarantee to a customer on the portion of their combined balance
over the $1 million threshold.
Any advice on this website does not take into account your objectives, financial
situation or needs and you should consider whether it is appropriate for you. Before
making any decision in relation to the Term Deposits you should read the Business Term Deposit Terms and Conditions booklet. To view
this document you may need Adobe Acrobat. The Business Term Deposits are issued by
ING DIRECT, a division of ING Bank (Australia) Limited ABN 24 000 893 292 AFSL 229823.