Rates and fees

  • 2.00

    90 days1

  • 2.05

    6 months1

  • 2.40

    12 months1

1.Investments of $5,000 to $499,999. Interest paid at maturity.

View all Term Deposit interest rates

You can apply online for term deposits from $5,000 – $250,000. If you'd like to apply for a higher term deposit amount please call us on 13 13 12 from 8am - 9pm Mon-Fri, or 9am - 6pm on weekends (AEST/AEDT). Or visit your nearest NAB branch.

Benefits and features

Rates and Fees

Make your financial goals a reality

  • Feel secure in knowing exactly how much your investment is worth when your term is up.
  • Avoid any surprises with an interest rate that is locked in for the term that suits your needs.
  • Lock your funds away, and know that your money is working for you.

Meet your needs with options that suit you

  • Avoid temptation and decide when you’ll need your money.
  • Choose any term from 30 days to 5 years.
  • Have your interest paid monthly, quarterly or annually (if you invest for 12 months or more).

Manage your money easily from day one until maturity

  • Keep track of your term deposit with NAB Internet Banking and the NAB app.
  • We’ll remind you when your Term Deposit is approaching maturity so you can plan your next move.
  • Reinvest, add extra money or withdraw it at the end of the term. You can even arrange to have it transferred to any Australian bank account if you need some cash.

You need to be 18 or over to apply online.

You must be a permanent Australian resident.

Your basic personal and contact details.

Have your tax file number (TFN) handy or we may have to collect withholding tax.

Before you apply

After you apply

Apply now for your term deposit

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Mon-Fri 8am - 7pm (AEST/ADST)
Sat-Sun 9am - 6pm (AEST/ADST)