Business term deposit

Watch your savings explode.

What's included.

Enjoy savings & guaranteed growth.

Lock it.

Higher rates of interest when you lock your money away.


Choice of investment terms from 1 month - 1 year.


Choose your interest frequency on maturity or monthly.

Rates & Fees

Business Term Deposit

Term Interest Annually ($1,000+) Interest Monthly ($1,000+)
1 month 1.50% p.a. N/A
2 month 1.50% p.a. N/A
3 month 3.95% p.a. N/A
4 month 3.95% p.a. N/A
5 month 3.95% p.a. N/A
6 month 3.95% p.a. N/A
7 month 3.55% p.a. N/A
8 month 3.55% p.a. N/A
9 month 3.55% p.a. N/A
10 month 3.35% p.a. N/A
11 month 3.35% p.a. N/A
12 month 4.00% p.a. 4.00% p.a.

Interest & Fees

Interest rates are subject to amount invested and length of investment.
Calculated daily on closing credit balance, and will be paid either monthly or at maturity. Fixed interest rate for the term of the investment.

For longer term periods please contact us directly on 1300 132 249.

Early withdrawal fees and interest penalties may apply.

For additional information on our fees, refer to our Fees and Charges.

Important notes

Illawarra Credit Union Limited is the product issuer of the deposit and payment products. Any advice given is of a general nature only and does not take into consideration your objectives, financial situation or needs. Please consider the appropriateness of the advice before acting. Refer to the Account and Access Facility Conditions of Use and the Fees and Charges for more details. Fees and charges are payable. Terms and conditions apply and are available on request.

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Frequently asked questions

Find the answer to our frequently asked questions here. We're here to help, so if you can't find the answer here, give us a call.

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Government Guarantee

We’re an Authorised Deposit-Taking Institution (ADI), which means our members can rest assured that their balances of up to $250,000 are guaranteed by the Australian Government.

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16/05/2024: Important Notice to Visa Debit Card Holders and Visa Credit Card Holders.

We are making changes to our Account and Access Facility Conditions of Use effective 5 June 2024. Please find information about these changes here.