St.George Term Deposit Review and Application

What happens when I click Apply Now?

• Clicking Apply will take you to your Online Application on the bank's website. You do not need to be a customer of this bank to apply.
• Your application will typically take you no more than 10-15 minutes to complete
• Tip: Have your Tax File Number ready as it will speed up your application.
• In most cases, your new savings account will be setup immediately after you apply.

Click here to start your application >>

Handling your savings like a financial mogul needn’t bring with it all of the pressure and stress of the trading floor. A St.George Term Deposit can be opened online in less than ten minutes and be activated with a simple BPAY payment from any existing account. St.George is also offering special promotional interest rates on their term deposits, see the below table for more information.

The promotional rates above are those which St.eorge will offer you for investments of $5,000 or more with interest paid at maturity:

St.George Term Deposit Interest Rates

You can open a St.George Term Deposit with as little as $1,000 for a term anywhere between one month and five years.

The amount you choose to deposit and the term you choose, dictate the interest rate you are paid, so too does the frequency you choose for your payments. For example, investing $7,000 for 12 months paid monthly or six monthly will get you one rate, but slightly higher rate can be earnt if you choose to be paid at maturity.

Interest on your St.George Term Deposit is also calculated daily to further grow your returns and you can be sure that the interest rate you lock in at the beginning of your term will be maintained, no matter what else happens in the financial market.

Read the official terms and conditions

Apply for a St.George Term Deposit

An online application for a St.George Term Deposit will take you less than ten minutes to complete. However, if you’d prefer to discuss your options with St.George first, or you just prefer to deal with a person, you can also apply over the phone or at a St.George branch. The application process:

• You must be 18 years or older to open a term deposit account, but younger investors can still take advantage of the benefits of a term deposit by completing an application over the phone, with the authorisation of their paren’t or guardian.
• St.George Term Deposits can be used for personal savings only.
  
• If you are already a St.George customer you can enter your customer account number and have your personal details entered automatically in the online application form.
  
• If you’re not a St.George customer already, you may be required to present your identification at a St.George branch or Post Office.
  
• You can save your online application at any time and come back to it when you have more time, or when you have decided on the investment and term which is right for you.
  
• You have the ability to choose your own unique password which allows you to track the progress of your application.
  
• You can have your interest paid into any existing account, by entering the account and BSB numbers.

During the online application process you are able to choose the exact amount of your investment, the term you would like to invest for, and how often you would like your interest to be paid. In the online form you can see real time calculations of the interest rate, and the affect that altering the investment amount, the term and the payment options has on your interest rate. As your online application form will only time out if inactive, you can manipulate the variables for your term deposit until you come to an investment amount, term and payment schedule which all work together to suit your needs.

Once you have submitted your term deposit application to St.George:

• You will be sent an email with your application number, and instructions to confirm your account and application.
  
• You will be emailed again when St.George opens your account, and you’ll be given the BPAY and biller code details to allow you to deposit your investment.
  
• Your investment must be sent to your term deposit account within three business days of your account being opened.
  

If a St.George Term Deposit sounds like an easy and painless way for you to encourage your savings to work that little bit harder for you, then you’d be right. Opening a term deposit account is simple and once approved you don’t have to worry about rising or falling interest rates, fees eating away at your savings, or being tempted to withdraw your investment. To take advantage of St.George’s highly competitive term deposit interest rates, you can find out more and apply today.

Read the official terms and conditions

Read the official terms and conditions

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Top High Interest Savings Accounts

All of these accounts are FREE to open and require no minimum deposit. They all have easy internet banking access with no transaction fees.

Savings Account	Account Details	Maximum Variable Rate p.a.	Standard Variable Rate p.a.	Bonus Interest p.a.	Fees	Min Balance/Min Deposit
Bankwest TeleNet Saver	Earn a high rate for 6 months on your savings.	5.65%	4.25%	1.40%	$0	$0 / $0
RaboDirect High Interest Savings Account	Limited time offer. Enjoy a leading rate on your savings.	5.60%	4.85%	0.75%	$0	$0 / $0
UBank USaver	High ongoing rate plus if you deposit $200 monthly you receive a bonus 0.60% p.a, taking this up to an even higher rate. Open online.	5.51%	4.91%	0.60%	$0	$0 / $0
HSBC Serious Saver	Enjoy an introductory variable rate for 4 months for balances up to $1,000,000. Limited time only!	5.55%	4.25%	1.30%	$0	$0 / $0