Term Savings
Invest your money securely with competitive fixed interest rates.
Category: Term Deposits Last Updated April 30, 2026 Effective June 3, 2026
Product Features
- Other Additional Information: A guaranteed rate for terms from 1 to 60 months
- Other Additional Information: Interest can be paid fortnightly, monthly, 12 monthly or at maturity.
- Digital Banking Additional Information: See account balances 24/7 wherever you are and whenever you want with RAB mobile and internet banking.
- Other Additional Information: Combined balances of up to $250,000 per account holder are guaranteed and secured by the Australian Government.
Product Eligibility
- Residency Status - Australian Residents. Additional Information: Individuals must be citizens or permanent residents of Australia.
Bank Fees and Charges
- Early Redemption Break Cost (Variable), Amount: Not Listed.. Additional Information: When a Term Savings deposit is redeemed prior to the maturity date, the interest paid on your account will be reduced based on how much notice is provided and how far through the term. Details on how this is calculated are available on request.
- Early Redemption Adminstration Fee (Variable), Amount: Not Listed.. Additional Information: This fee may apply when you request to redeem your deposit prior to the maturity date. A reduced Interest Rate applies in addition to this fee.
- Access Fee (Periodic), Amount: 0.00. Additional Information: The Access Fee is a flat monthly fee which entitles your membership to unlimited withdrawals via EFTPOS, ATMs, Internet, Phone and Mobile Banking.
- Bank Cheque Fee (Event), Amount: 11.00. Additional Information: Applies for each bank cheque you order from us.
Limitations & Restrictions (Constraints)
- Max Balance of 500000.00 Additional Information: For deposits over $500,000 rates are by negotiation.
- Opening Balance of 1000.00 Additional Information: A minimum $1,000 investment applies to this product.
- Min Balance of 1000.00 Additional Information: A minimum $1,000 investment applies to this product.








