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.

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 13 22 49.

Early withdrawal fees and interest penalties may apply.

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

Interest on Maturity
$1,000 – $24,999 $25,000- $49,999 $50,000 +
1-3 months 1.75% p.a. 1.75% p.a. 1.75% p.a.
4-6 months 1.70% p.a. 1.70% p.a. 1.70% p.a.
7-12 months 1.65% p.a. 1.65% p.a. 1.65% p.a.
Monthly Interest




12 months 1.50% p.a. 1.50% p.a. 1.50% p.a.

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, Charges and Transaction Limits brochure for more details. Fees and charges are payable. Terms and conditions apply and are available on request. 

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.

Spin & Win

up to $500k off your eligible home loan!