A Term Deposit is a high interest account which allows you to save your money for short or long fixed terms. This locks your money away and delivers the confidence of earning a higher interest rate.

  • Choose from 3 to 24 months
  • Confidence of interest return
  • No account keeping fees
  • Start saving from $5,000 minimum deposit
4.90 % p.a. Interest rate

12 month

Features & benefits

Product Features:

Term Deposits
Minimum Deposit : $5,000
Minimum Balance : $5,000
Availability of funds : At maturity
Notice Required : 7 Days
Early withdrawal penalty : Will incur fee
Interest Income : At maturity
Personal Cheque : No
Eftpos and ATM : No
Direct Credits : No
Direct Debits : No
Visa Debits : No
Branch transactions : Yes
Phone Banking : Balance only
Internet Banking : Balance only
BPAY Phone : No
BPAY Internet : No
Periodical payments : No
Term Interest Rate
3 months 1.00% p.a.
6 months 1.25% p.a.
9 months 2.05% p.a.
12 months 4.90% p.a.
24 months 4.00% p.a.

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*Interest is calculated daily and paid at maturity. On maturity we will automatically re-invest your Term Deposit for the same term as you originally chose, unless you advise us otherwise. Minimum 7 days notice is required for an early break in the relevant term, upon which a fee of $30 plus a rate reduction based on: 0 to 30% of term elapsed—30% of the initial rate; 31 to 60% of term elapsed—60% of the initial rate; 61 to 90% of term elapsed—90% of the initial rate will be applicable. This information is general in nature and does not take into account your personal financial situation, needs or objectives. You should consider your own financial situation and needs, and read the relevant Target Market Determination before making any decisions based on this information. Contact us at ocu@orangecu.com.au to request a Target Market Determination.