A term deposit is a deposit that is held for a set period of time, with a guaranteed 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)
Phone Banking (access updates on your investment)
No monthly account-keeping fees

 * Calculated daily and paid monthly

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.



At MyState Bank we want to give you as much help as we can in managing your finances. Wherever you are in life, these calculators will assist you in planning for your financial needs.


We’re here to help

With over 50 years experience our local, friendly staff can help you find what you're looking for.

Open account in minutes