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We're offering our most competitive term deposit rates for a limited time only, like the 6 month term for 8% p.a. To find out more, view the full list of current interest rates.
There's two easy ways to apply:
- Drop into any NAB branch
- Call us on 13 13 12, 8am to 9pm EST, 7 days a week
Find out more about what information you'll need to apply for NAB Term Deposit
Before applying, please read the Terms and Conditions and Fees and Charges Guide.
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A secure investment with a fixed return
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You want to earn good returns on your money over a fixed period, with the comfort of knowing what interest you'll earn and when you'll receive it.
NAB Term Deposits are ideal if you want to invest your money for a fixed period, with the security of a known return. It's suitable for amounts over $1000 and you can choose a term from as little as 30 days, up to 2 years.
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| What you'll get with a NAB Term Deposit |
A NAB Term Deposit offers competitive fixed term interest over a secure fixed investment term. You'll benefit from:
- Competitive fixed term interest rates
- Flexibility to choose a term from 30 days to 2 years
- Choosing how you earn interest - you can select to have your interest paid monthly, quarterly, half yearly, or annually (for amounts more than $5000 invested for 12 months or more)
- Optional NAB Term Deposit 'trade up' to take advantage of an interest rate rise during your term
- The option to have your interest credited directly into a nominated NAB account, another financial institution, paid to you by bank cheque or added to a new NAB Term Deposit
- No set up or monthly fees (note Government charges and economic cost may apply)
Apply now for NAB Term Deposit
Read frequently asked questions
View current interest rates
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| Optional 'trade up' feature |
A NAB Term Deposit 'trade up' allows you to take advantage of an interest rate rise if there is one during your investment term. You'll need to decide at the time you apply for your NAB Term Deposit if you would like this option. Read more
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| Fees and charges |
For all fees and charges read the Guide to Fees and Charges
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| Apply now |
There's two easy ways to apply:
Find out more about what information you'll need to apply for NAB Term Deposit
Before applying, please read the Terms and Conditions and Fees and Charges Guide.
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