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Find your nearest branch.The results in the table assume that the interest rates will not change over time.Tools calculators, guidance, things you should know *Selected interest payment frequencies apply.No interest is paid on funds in the holding facility for the current seven day interest period if funds are withdrawn before the next interest payment date.Banking / Term Deposits, feel confident knowing exactly how much your money will earn.Lock-in a competitive interest rate from as short as 1 month to as long as 5 years.The assumed rate of inflation is set by asic.5 based on the midpoint of the Reserve Bank of Australias target rate of inflation.
This table is not intended to be relied on for the purpose of making a decision about a particular financial product and we recommend you seek advice from a qualified professional adviser before making any financial decision.
The results in the table should be used as an indication only and do not represent either"s or pre-qualifications for any listed product.
Interest Earned Calculator Assumptions, table Information, the results generated on the Term Deposit table are based on your inputs in the Investment Amount, Type of Deposit and Term fields.Already a customer banking online with us?The results in this table are subject to the accuracy of the information provider.The actual rate of inflation may differ significantly from this assumption and, if inflation is more or less than the assumed rate of inflation, the outcome at the end of the selected period could be affected.Further details about how interest is calculated, including the formulas used, can be found here.Where a term deposit has compounding interest, a Compound Interest calculation is used based on the investment amount, annual interest rate, number of compounds and the length of the term.Individual institutions may have different formulas for calculating interest and the lenders own eligibility criteria will apply.You can also opt-in for free account alerts (choose between an email, SMS or NetBank notification) so we can remind you when your Term Deposit is due to mature.Locate us, tools support.Where a term deposit does not compound, a Simple Interest calculation has been used.Financial Services Guide (PDF68KB).
If you reinvest on a day that isnt an interest payment date, the new term will commence from the last interest payment date.