Competitive interest with flexible payment.
If you're looking to earn a bit more interest than that offered by our savings accounts and you’re happy to leave your money untouched for a longer period, a Term Deposit is a fantastic, high-security option.
It offers a high, fixed rate of interest, calculated daily and paid at maturity for terms up to 12 months. While for terms of one to five years, interest can be paid fortnightly, monthly, quarterly or annually – it’s your choice.
Easy to get started
Invest as little as $5,000
Fixed interest rate
You know how much you'll earn. Learn more
Your investment is government-guaranteed
For deposits up to $250,000
Wide range of terms
As little as three months and up to five years
Term Deposit interest rates
|Product Name||Interest Rate|
|3 Month Term Deposit||0.20% pa|
|4 Month Term Deposit||0.20% pa|
|5 Month Term Deposit||0.20% pa|
|6 Month Term Deposit||0.25% pa|
|7 Month Term Deposit||0.25% pa|
|8 Month Term Deposit||0.25% pa|
|9 Month Term Deposit||0.30% pa|
|10 Month Term Deposit||0.30% pa|
|11 Month Term Deposit||0.30% pa|
|1 Year Term Deposit||0.40% pa|
|2 Year Term Deposit||0.65% pa|
|3 Year Term Deposit||0.65% pa|
|4 Year Term Deposit||0.65% pa|
|5 Year Term Deposit||0.65% pa|
Minimum deposit amount of $5,000 required. Deposits with terms of three to eleven months automatically have interest paid at maturity. The interest may be paid to a savings account or reinvested. Deposits with terms of 12 months or more may have interest reinvested every 12 months, or paid to a savings accounts fortnightly, monthly, quarterly or yearly. Credit Union SA pays the same rate of interest regardless of the interest frequency.
Term Deposit fees
Term Deposit Early Withdrawal
Calculated at the time of the withdrawal request
Open a Term Deposit with us online
Open a Term Deposit using your Mobile Banking App or Internet Banking.
Mobile Banking App
- Select Open new account from the drop-down menu, choose the term you want and follow the instructions.
- Select Apply for from the top navigation menu, click Account, then choose the term you want and follow the instructions
Not a member?
You can join online and open a Term Deposit at the same time (just make sure you have your ID handy). Simply select Term Deposit Account when completing our online membership form and follow the prompts.
Alternatively, you can call us on (08) 8202 7777 or visit us at 400 King William Street, Adelaide.
We’ve got you sorted with a number of handy calculators that will help you work out exactly what you’ll need to do to achieve your financial goals, whether that be borrowing money, making repayments, or creating a savings plan.
Mobile Banking App
Available for both Apple and Android smart devices, the Credit Union SA Mobile Banking App allows you to utilise all the best functionality of our website and Internet Banking services – anytime and anywhere you have an internet connection.
Digital wallets can be used to pay for purchases via a Credit Union SA Visa Debit Card or Visa Credit Card loaded into your smart device, wherever mobile payment systems are offered.
FREQUENTLY ASKED QUESTIONSView all Accounts FAQs
Our savings accounts are designed to encourage and reward members for maintaining a regular savings program.
You can start with as little as $5,000. Term Deposits with terms of three, six or nine months automatically have interest paid at maturity. The interest may be paid to a savings account or reinvested - it’s your choice.
For terms of 12 months or longer, you can have interest paid as regularly as fortnightly to your transaction account
You can contact us by calling us, visiting us, making an appointment, or using Secure Mail.
We’re here to answer any questions you might have – make sure you have your Access Code ready!
400 King William Street, Adelaide has self-service options available to make your life easier.
Mobile Lending Managers
Our Mobile Lending Managers can help our members by phone or email, with video calls now available.
INFORMATION YOU SHOULD KNOW
This is general advice only and you should consider the terms and conditions before determining whether any of our products are suitable to your situation. Deposits are guaranteed subject to the Financial Claims Scheme terms and conditions. Interest rates are subject to change without notice.
The target market for this product can be found within the product’s Target Market Determination (TMD), available at creditunionsa.com.au/legal/terms-and-conditions/target-market-determination