Finty
BankSA

BankSA Term Deposit

17 termsFixed rate

Get a fixed interest rate for your fixed term investment.

Written byDavid Boyd
Minimum deposit
$1,000
Maximum deposit
$2,000,000
Terms offered
17

Rate a year, up to

For 1 year

Open account

Rates by term

TermInterest paidRate a year
1 monthAt maturity1.40%
2 monthsAt maturity1.65%
3 monthsAt maturity3.25%
4 monthsAt maturity3.40%
5 monthsAt maturity3.45%
6 monthsAt maturity3.40%
6 monthsMonthly3.35%
7 monthsAt maturity3.55%
7 monthsMonthly3.50%
8 monthsAt maturity3.60%
8 monthsMonthly3.55%
9 monthsAt maturity3.65%
9 monthsMonthly3.60%
10 monthsAt maturity3.70%
10 monthsMonthly3.65%
11 monthsAt maturity3.75%
11 monthsMonthly3.70%
1 yearAt maturity5.40%
1 yearAt maturity4.75%
1 yearMonthly4.70%
1 yearEvery 6 months4.70%
13–23 monthsMonthly4.70%
13–23 monthsEvery 6 months4.70%
24–35 monthsAt maturity4.50%
24–35 monthsMonthly4.45%
24–35 monthsEvery 6 months4.45%
36–47 monthsAt maturity4.00%
36–47 monthsMonthly3.95%
36–47 monthsEvery 6 months3.95%
48–59 monthsAt maturity4.00%
48–59 monthsMonthly3.95%
48–59 monthsEvery 6 months3.95%
5 yearsAt maturity4.00%
5 yearsMonthly3.95%
5 yearsEvery 6 months3.95%

Deposit amount on every term: $1,000 to $2,000,000.

How it compares

Against the other 1 year term deposits we compare. Typical means the middle half of them.

1 year rate

5.40%

A typical 1 year rate is 5.25%.

Minimum deposit

$1,000

A typical minimum is $2,000.

Pros and cons

Pros

  • A higher rate. 5.40% for 1 year, above the typical 5.25%, so your money earns more over the term.
  • Monthly interest. You can have interest paid each month, which suits living off the interest.
  • Plenty of terms. 17 terms to choose from, so you can match the term to when you'll need the money.

Cons

  • Your money is locked in. Taking it out early usually needs 31 days' notice and earns less interest.

Similar term deposits

Term deposits from other banks that pay a similar rate for the same term.