A term deposit is a deposit that is held for a set period of time, with a reliable investment return. You can invest over the short or long term, for anything from 30 days to 24 months.
Features and benefits of MyState’s Term Deposit for Business Banking
| Minimum deposit $5,000 | |
| Term deposit interest calculated daily | |
| Interest paid at term deposit maturity | |
| Terms available | 1 – 24 months |
| Internet Banking (track the progress of your investment) | |
| No monthly account-keeping fees |
Find out more about our Term Deposits
To find out more about our Term Deposit product, visit a MyState Bank branch, complete our online enquiry form or call 138 001.
Read about MyState’s Business Online Saver Account.
