Increase font size Decrease font size

Attention: open in a new window. Print

Term Deposit Interest Rates

The Mutual offers a range of Term Deposit terms and interest rate options.

Term Deposit Interest Rates - for investments from $1,000

Sovereign Term Deposit Interest Rates - for investments over $100,000

Talk to our Treasury - for investments over $300,000

Term Deposit Interest Rates*

Interest Rate (p.a.)
Investment Term Interest Payment Frequency Min $1,000 Min $5,000 Min $20,000
3 months at maturity 2.00% pa 2.30% pa 2.30% pa
4 months at maturity 2.00% pa 2.40% pa 2.40% pa
5 months at maturity 2.00% pa 2.00% pa 2.00% pa
6 months at maturity 2.00% pa 2.50% pa 2.50% pa
7 months at maturity 2.00% pa 2.45% pa 2.45% pa
8 months at maturity 2.00% pa 2.45% pa 2.45% pa
9 months at maturity 2.00% pa 2.60% pa 2.60% pa
10 months at maturity 2.00% pa 2.60% pa 2.60% pa
11 months at maturity 2.00% pa 2.25% pa 2.25% pa
12 months at maturity 2.60% pa 2.70% pa 2.70% pa
12 months half yearly interest 2.55% pa 2.65% pa 2.65% pa
12 months monthly interest 2.50% pa 2.60% pa 2.60% pa
24 months annually 2.65% pa 2.75% pa 2.75% pa
24 months half yearly interest 2.60% pa 2.70% pa 2.70% pa
24 months monthly interest 2.55% pa 2.65% pa 2.65% pa
36 months annually 2.90% pa 3.00% pa 3.00% pa
36 months half yearly interest 2.85% pa 2.95% pa 2.95% pa
36 months monthly interest 2.80% pa 2.90% pa 2.90% pa

This is Part 3 of the Product Disclosure Statement (PDS). It must be read in conjunction wtih:

Part 1 - Key Features and Terms and Conditions and Part 2 - Schedule of Fees , Charges and Transaction Limits.

You should consider the PDS in its entirety in deciding whether to acquire or continue to hold any of he products the subject of the PDS.

* Interest on Term Deposits is calculated by applying the daily percentage rate1 to the account balance and paid at intervals as specified in the tables above. A reduced interest rate applies if term deposits are redeemed before Maturity Date. The reduced interest rate is 0.50% per annum calculated from the date the account was opened to the date of early redemption.

Term Deposit interest rates that are effective 5 November 2018.

Sovereign Term Deposit Interest Rates*

Interest Rate (p.a.)
Investment Term Interest Payment Frequency Sovereign Account
($100,000 to $200,000)
Sovereign Plus Account
(Over $200,000)
30 – 59 days at maturity 1.75% pa 1.75% pa
60 – 89 days at maturity 1.75% pa 1.75% pa
90 – 119 days at maturity 2.30% pa 2.30% pa
120 – 149 days at maturity 2.40% pa 2.40% pa
150 – 179 days at maturity 2.00% pa 2.00% pa
180 – 269 days at maturity 2.50% pa 2.50% pa
270 – 364 days at maturity 2.60% pa 2.60% pa
365 – 395 days annually 2.70% pa 2.70% pa
365 days half yearly interest 2.65% pa 2.65% pa
365 days quarterly interest 2.62% pa 2.62% pa
365 days monthly interest 2.60% pa 2.60% pa

This is Part 3 of the Product Disclosure Statement (PDS). It must be read in conjunction with:

Part 1 - Key Features and Terms and Conditions and Part 2 - Schedule of Fees, Charges and Transaction Limits.

You should consider the PDS in its entirety in deciding to acquire, or continue to hold any of the products the subject of the PDS.

*Interest on Sovereign Term Deposits is calculated by applying the daily percentage rate1 to the account balance and paid at intervals as specified in the tables above. A reduced interest rate applies if term deposits are redeemed before Maturity Date. The reduced interest rate is 0.50% per annum calculated from the date the account was opened to the date of early redemption.

Sovereign Term Deposit interest rates that are effective 5 November 2018.

Questions?

If you have any questions, please contact us


1 The daily percentage rate is the applicable annual percentage rate divided by 365.

View all rates
View all rates