ANZ Bank term deposits are a great way to save money and earn a guaranteed interest rate over a fixed period of time. Term deposits are available in a range of terms to suit your needs, from 30 days to 5 years.
What are the ANZ Bank term deposit rates in 2022?
The following are the ANZ Bank term deposit rates as of August 4, 2022:
| Term | Interest rate |
| 30 days | 0.05% p.a. |
| 60 days | 0.10% p.a. |
| 90 days | 0.15% p.a. |
| 120 days | 0.20% p.a. |
| 150 days | 0.25% p.a. |
| 180 days | 0.30% p.a. |
| 240 days | 0.35% p.a. |
| 300 days | 0.40% p.a. |
| 360 days | 0.45% p.a. |
| 12 months | 0.50% p.a. |
| 18 months | 0.60% p.a. |
| 24 months | 0.70% p.a. |
| 36 months | 0.80% p.a. |
| 48 months | 0.90% p.a. |
| 60 months | 1.00% p.a. |
How do ANZ Bank term deposits work?
When you open an ANZ Bank term deposit, you agree to deposit a certain amount of money for a fixed period of time.
In return, ANZ Bank pays you a guaranteed interest rate. You cannot access your money during the term of the deposit, unless you pay an early withdrawal fee.
How to open an ANZ Bank term deposit
To open an ANZ Bank term deposit, you can visit an ANZ branch or open an account online. You will need to provide your personal details and deposit a minimum of $5,000.
Is an ANZ Bank term deposit right for me?
ANZ Bank term deposits can be a good option for people who are looking for a safe and low-risk investment with a guaranteed interest rate.
Term deposits can also be a good way to save money for a specific goal, such as a house deposit or a retirement fund.
ANZ Bank term deposits are a great way to save money and earn a guaranteed interest rate over a fixed period of time.
If you are looking for a safe and low-risk investment, an ANZ Bank term deposit may be right for you.