Term Deposits
Lock away your savings and watch them grow with competitive interest rates and your choice of fixed investment terms.
Your deposits with Alex Bank up to $250,000 are protected by the Australian Governments Financial Claims Scheme.
Term Deposit
4.55%p.a.
Fixed Interest Rate2
12-month term with interest paid at maturity
Early access (invite only)
Our Alex Bank term deposit is currently in limited release. If you’ve already been invited to open an account you can login to access it.
Get certainty with Term Deposits
Feel confident knowing exactly how much your money will earn with an Alex Bank Term Deposit.
Make your savings work harder for you
If you don’t need immediate access to these funds you can have the security of locking in a fixed rate of return.
Rest assured, we’re government guaranteed!
Combined balances of up to $250,000 per account holder are secured by the Australian Government's Financial Claims Scheme deposit guarantee.
Choose the fixed term that suit you
You can choose from a range of terms that suit your life plans.
Learn more
Read our product description and fee guides to understand our Term Deposit product better.
Consider the Target Market Determination and Terms and Conditions before making a decision.