Make the most of your money and have your interest paid more frequently with a BCU Bank Regular Income Term Deposit.
4 months, interest paid monthly
Pick a term that suits you – from as little as three months, up to three years.
Have your interest paid more regularly than you would with a standard term deposit.
Total deposits up to $250k are protected by the Financial Claims Scheme.
Know exactly how much interest you’ll earn with a fixed interest rate.
Want to see how your money could grow? Discover your savings potential with our term deposit goal calculator.
| Term | Interest paid | Interest rate |
|---|---|---|
| 3 months | Monthly | 4.50% p.a. |
| 4 months | Monthly | 4.40% p.a. |
| 5 months | Monthly | 4.75% p.a. |
| 6 months | Monthly | 4.60% p.a. |
| 7 months | Monthly | 3.90% p.a. |
| 8 months | Monthly | 3.90% p.a. |
| 9 months | Monthly | 4.30% p.a. |
| 10 months | Monthly | 3.70% p.a. |
| 11 months | Monthly | 3.70% p.a. |
| 12 months | Monthly | 4.40% p.a. |
| 24 months | Monthly | 3.90% p.a. |
| 36 months | Monthly | 3.90% p.a. |
| 12 months | Quarterly | 4.42% p.a. |
| 24 months | Quarterly | 3.92% p.a. |
| 36 months | Quarterly | 3.92% p.a. |
| 12 months | Six-monthly | 4.45% p.a. |
| 24 months | Six-monthly | 3.95% p.a. |
| 36 months | Six-monthly | 3.95% p.a. |
We know putting your money into a fixed-term investment can feel like a big decision. But with our term deposits, rest assured your savings are safe.
They're backed by the Australian Government's Financial Claims Scheme (FCS). This means that if your bank fails (a highly unlikely event), your savings – up to $250,000 in total – are protected, and you can access them quickly.
If you already bank with us, you're halfway there! However, not all term deposit products can be opened online. Please call or message us and one of our friendly team will be happy to assist you with opening a term deposit.
Alternatively, you can pop into your local branch and one of the team will be able to help!
If you don't already bank with us, you can first set up a transaction or savings account to receive your funds, which is quick and easy. You’ll need to be an Australian resident and at least 18 years of age.
Once your funds have landed in your account, you can call or message us and one of our friendly team will be able to help you open a term deposit.
We’d love to see you in person. Visit your nearest BCU Bank branch to open a term deposit.
To open your account online you will need to be:
And you’ll need to provide two of the following:
Handy hint: Have your tax file number (TFN) ready. If you earn more interest than the limit set by the ATO, you’ll need to pay tax. To avoid this, provide your tax file number when applying.
If you don’t already bank with us, you’ll need to bring your Australian driver licence or a valid Australian passport for ID.
If you already bank with us, you're halfway there! However, not all term deposit products can be opened online. Please call or message us and one of our friendly team will be happy to assist you with opening a term deposit.
Alternatively, you can pop into your local branch and one of the team will be able to help!
If you don't already bank with us, you can first set up a transaction or savings account to receive your funds, which is quick and easy. You’ll need to be an Australian resident and at least 18 years of age.
Once your funds have landed in your account, you can call or message us and one of our friendly team will be able to help you open a term deposit.
We’d love to see you in person. Visit your nearest BCU Bank branch to open a term deposit.
To open your account online you will need to be:
And you’ll need to provide two of the following:
Handy hint: Have your tax file number (TFN) ready. If you earn more interest than the limit set by the ATO, you’ll need to pay tax. To avoid this, provide your tax file number when applying.
If you don’t already bank with us, you’ll need to bring your Australian driver licence or a valid Australian passport for ID.
Got a question? Call us on 1300 228 228, pop into your local branch, or chat to us online.
You’ll find us from Maroochydore to Port Macquarie – drop in and say hi!
Check out our how-to guides, search our FAQs, and find support services.
A term deposit offers you a fixed rate of interest for a set period of time (the term) – a sure-fire way to watch your savings grow, as you can't touch it. You usually can't add further money to the account during the term and by locking your money away you'll know exactly how much you'll have at the end of your term.
Savings accounts offer you the freedom to add to your savings when it suits you and access your money when you need it. Interest rates on savings accounts are variable and can change at any time and some accounts will pay bonus interest too.
You can close your term deposit account early at any time, but doing so will likely affect the amount of interest you receive.
Further information is available in our Term Deposit Account Terms & Conditions.
At the time of opening your term deposit account, you set instructions for what you want us to do with your deposit and interest when it matures.
When your term deposit is due to mature you can explore your options to:
You can also choose to leave your money – and the interest you've earned – in the same term deposit (it’s what we call a rollover).
Your instructions can be provided any time up to your term deposit maturity date, or within the seven-day grace period following the account maturity.
View the Term Deposit Account Terms & Conditions for more information about rollovers.
