BSB: 923-100

Personal Term Deposits

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

    Roll over for the same or different term and hold your funds till the maturity date of your new term deposit and you'll get a non-cumulative loyalty bonus added on to the interest rate applicable at roll over.

  • 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.
Rates and fees

No fees, great rates

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

Term
Interest Rates

90 day rate

120 day rate

180 day rate

210 day rate

270 day rate

330 day rate

1 year rate

2 year rate

Loyalty bonus

If you roll over your Personal Term Deposit (for the same or a different term) and you hold all of your funds in your new Personal Term Deposit until the maturity date, you will be rewarded with a loyalty bonus - a non-cumulative add-on to the standard Personal Term Deposit interest rate applicable at roll over.

+0.10
Open your Personal Term Deposit in minutes.
FAQs
How to get started

Put your money to work

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 and holding your funds till the maturity date of your new term deposit, you'll get a loyalty bonus - a non-cumulative add-on to the standard Personal Term Deposit interest rate applicable at roll over.

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.