BSB: 923-100

Personal Term Deposits

Part of you plans tomorrow, today

Sign up now

Personal Term Deposits

A high interest rate guaranteed for the term. You choose the timeframe.

Features

Why open a Personal Term Deposit?

Competitive interest rates

Get a high interest rate guaranteed for your timeframe of choice on deposits of $10,000 or more.

Pay no ING DIRECT fees

With every cent deposited earning you interest, all your money gets the chance to grow.

Be rewarded for saving

Renew at maturity for the same or a different term and you'll get a loyalty bonus on the interest rate available at that time.

Know your savings are guaranteed

Combined savings balances up to $250,000 per customer are guaranteed by the Australian Government

Open your Personal Term Deposit in minutes.

Interest rates and fees

No fees, great rates

Competitive interest rates, fixed for the term. Minimum opening deposit of $10,000.

Term
Interest Rates

30 day rate

2.50

90 day rate

3.40

120 day rate

3.40

180 day rate

3.70

210 day rate

3.50

270 day rate

3.50

330 day rate

3.70

1 year rate

3.80

2 year rate

4.00

Loyalty bonus

By renewing your term deposit you get a Loyalty bonus - a non-cumulative add-on to the standard Personal Term Deposit interest rate applicable at renewal.

+0.10

Open your Personal Term Deposit in minutes.

Tools and calculators
FAQs
How to get started

Put your money to work

1. Open your term deposit
2. Choose your maturity option
3. Renew for bonus interest
1. Open your term deposit

The fastest way to do this is online. In a few simple steps, you'll be ready to start saving. You can do it over the phone 24/7, too.

Sign up now

2. Choose your maturity option

Tell us what to do with your money when the term ends. You've got three options to choose from.

3. Renew for bonus interest

By renewing your term deposit you get a Loyalty bonus - a non-cumulative 0.10% add-on to the standard Personal Term Deposit interest rate applicable at renewal.

When opening your account

To open a Personal Term Deposit, you need a minimum deposit of $10,000.

You must be:

An account holder using the product for personal use (if it's for your business, see our Business Term Deposit account)

An Australian resident for taxation purposes

Aged 13 years or over

You'll need to give us:

An Australian residential address and telephone number

Linked bank account details to link to your term deposit account

A Tax File Number or exemption code (otherwise tax is deducted at the highest marginal rate)

An existing Client Number (if you're already with ING DIRECT)

Ready? Sign up for a Personal Term Deposit now.