AMP Banking Term Deposit Account

Lock your money away - and watch it grow!

If you have a lump sum of cash over $5000* that you don't need right now, a Term Deposit Account will earn you a high fixed interest rate. Depending on how long you leave it and what interest repayment option you choose, you can add significantly to your savings.

Use our Term deposit calculator to see how much you can earn over a particular period of time.

Features

Choose how long to leave your money in for - anywhere from 3 months to 5 years.*
Earn a competitive rate of return and a regular income stream.
Choose when and how your interest is paid:
- transferred to a nominated account
- paid by cheque (not available on 13-month Term Deposit Accounts)
- for terms up to one year, added to your principal at interest and reinvested
- for terms of one year or more, you can enjoy regular income by choosing to have your interest paid monthly, quarterly, half yearly and yearly.
You won't have to pay any bank fees. (Government charges and Special Service Fees apply.)