Term Deposits

Too busy to track stocks, monitor the housing market, horde piles of gold and predict the future? Or wanting to diversify your investments?

Look at a Term Deposit with Gateway Bank, providing you an investment with certainty and stability. Lock in a great interest rate for the term of choice between 3 months and 5 years, and build your wealth with a guaranteed return on your Term Deposit account.

Term Deposits allow you to plan for your future and invest with confidence, knowing that you will receive a higher rate of return than many savings accounts over a fixed term. Take advantage of our competitive interest rates, no monthly account or service fees, and seamless interest payments directly into your Everyday Account.


  • Interest is calculated daily and can be paid either monthly, 6 monthly or at maturity*
  • No setup or monthly service fees
  • Interest can be paid directly to your Everyday Account
  • Available for SMSF and Trust Accounts
  • Your first $250k is protected by the Australian Government Deposit Guarantee 

Product Features:

Savings & Bank Accounts
Monthly Fee : $0
Annual Fee : $0
Minimum Amount : $1,000
Cheque Book : No
Funds Available : If the deposit or any part of it is withdrawn before maturity, an interest rate adjustment fee will apply.
ATM/EFTPOS Access : No
Online & Phone Banking : No
Direct Entry (Credit/Debit) : No
Interest Income : Compounding interest option available for various terms
Debit Card : No
Branch Access : No
BPAY® : No
Overdraft : No
Periodic Payments : No

Can't decide which Term Deposit suits your investment goals?

Compare all of our Term Deposit rates and to find the option that suits you.

Term Deposit Calculator

5 month and 12 month Term Deposits have a 31 day notice period for early withdrawal. Please take this into consideration when selecting the appropriate product.

* For terms greater than 12 months, interest must be paid at least annually.