Finder makes money from featured partners, but editorial opinions are our own.

Summary

This account offers fixed interest rates, so you can enjoy secure, guaranteed returns on your business funds.

The ANZ Business Notice Term Deposit offers fixed interest rates on a range of term lengths from one month to five years. Enjoy the security of guaranteed returns on your business deposit over $5,000. Keep in mind if you need to access your money you need to give ANZ 31 days' notice.

Pros

Lots of term lengths available
Tiered interest rates
Flexible interest payment options

Cons

Must give 31 days’ notice to make a withdrawal
Minimum investment of $5,000

Details

Key details

Product Name	ANZ Business Notice Term Deposit
3 month interest rate	3.50%
4 month interest rate	3.15%
6 month interest rate	4.10%
7 month interest rate	3.40%
9 month interest rate	3.55%
12 month interest rate	4.50%
24 month interest rate	3.90%
36 month interest rate	3.90%
48 month interest rate	3.90%
60 month interest rate	3.90%
Minimum Opening Deposit	$5,000
Minimum age requirement	18
Government guarantee	Yes

Eligibility

Minimum Age Requirement	18
Joint account availability	No
Min Deposit	$5,000
Available to children	Not available for children

Key features

No fees

There are no set-up fees, service fees or monthly account-management fees.

Terms from one month to five years

Choose how long you'd like to invest your money, with terms from one month to five years available.

$5,000 minimum deposit

You are required to make a minimum deposit of $5,000 with this business term deposit account.

Tiered interest rates

This term deposit offers fixed interest rates, with rates differing depending on the term you opt for. Typically, the longer the term length, the higher the interest rate offered.

Choose how often you receive interest payments

Depending on your term length, you can choose to receive interest payments monthly, quarterly, half yearly, annually or at maturity.

Account maturity options

Ahead of your term deposit reaching maturity, you can either opt to have your funds reinvested into another ANZ Business Notice Term Deposit or to withdraw the funds. If you fail to make any choice, your deposit will be rolled over into a new term deposit for the same length of time.

Early withdrawal with 31 days' notice

If you need to make a withdrawal from the account, you'll need to provide ANZ with at least 31 days' notice. Fees may also apply for early withdrawals.

Account access

You can keep an eye on your deposit via ANZ Internet banking, phone banking or by checking in branch.

How to apply

Eligibility

To apply for this account, head to ANZ's site and fill in the inquiry form online. Before you do, make sure you meet the eligibility criteria below and have the following information ready:

Business use. This account is for Australian registered businesses only, not personal use.
Age requirements. You must be over 18 years of age to apply for this account.

Australian business. The business must be registered in Australia.

Documentation needed

Business details. You'll need to submit the full name of the business as well as some details about what industry the business operates in.
Contact information. By providing your contact information, an ANZ representative can get in touch with you to complete your application.

What happens after I submit my application?

Once you've submitted the online inquiry, an ANZ representative will contact you to complete your application and get your account opened.

Your reviews

No reviews yet. Write a review

Ask a question

To ask a question simply log in via your email or create an account.

Ask a question

Alison Finder

Editor

Hi there, looking for more information? Ask us a question.

You are about to post a question on finder.com.au:

Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
finder.com.au is a financial comparison and information service, not a bank or product provider
We cannot provide you with personal advice or recommendations
Your answer might already be waiting – check previous questions below to see if yours has already been asked

Accept and continue

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our 1. Terms Of Service and 6. Finder Group Privacy & Cookies Policy.

This site is protected by reCAPTCHA and the Privacy Policy and Terms of Service apply.

Sally

March 06, 2022

Need to know your interest rate to invest $1300 000 for 12 months.

Alison Banney Finder

May 01, 2022

Hi Sally,

Please note that we are not ANZ. However, the interest rate for 12 months is 0.15%.

If you’re going to deposit $1,300,000 for 12 months, with an interest rate of 0.15% per year, that would be $1,950.

To confirm the interest you earn, please get in touch with ANZ directly.

Regards,

Alison

Show more Show less

Alison Banney is the money editorial manager at Finder. She covers all areas of personal finance, and her areas of expertise are superannuation, banking and saving. She has written about finance for 10 years, having previously worked at Westpac and written for several other major banks and super funds. See full profile

ANZ Business Notice Term Deposit

Pros

Cons

Key features

No fees

Terms from one month to five years

$5,000 minimum deposit

Tiered interest rates

Choose how often you receive interest payments

Account maturity options

Early withdrawal with 31 days' notice

Account access

How to apply

Eligibility

Documentation needed

What happens after I submit my application?

Sources

Your reviews

Important information about this website

Advertiser Disclosure

How we make money

Sorting and Ranking Products

Terms of Service and Privacy Policy