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CUA Term Deposit Account

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Plan your financial future by locking down your money in a competitive, fixed-rate term deposit with CUA.

You'll know ahead of time what the return on your investment will be with a fixed-rate term deposit from CUA, helping you plan and meet future savings goals. The terms of the account are also really flexible; you can choose a term length from one month to five years, and you can get started from just $5,000.

Up to 0.8% p.a.

Interest rate

24 months interest rate


Minimum opening deposit


Account keeping fee


Maximum deposit

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Product NameCUA Term Deposit Account
3 month interest rate0.60%
4 month interest rate0.60%
6 month interest rate0.55%
7 month interest rate0.60%
9 month interest rate0.60%
12 month interest rate0.70%
24 month interest rate0.80%
36 month interest rate0.80%
48 month interest rate0.80%
60 month interest rate0.80%
Minimum Opening Deposit$5,000
Minimum Age Requirement18
The rates displayed above are interest rates paid at maturity only. We endeavour to ensure that the information on this site is current and accurate but you should confirm any information with the product or service provider and read the information they can provide.

Key features

No monthly account keeping fees

No account keeping fees will be deducted from your balance.

Terms from one month to five years

This account offers a huge range of term lengths to choose between, from just one month to five years.

How to apply

If you've compared your options and believe the CUA Term Deposit is right for you, you can open an account online in less than 15 minutes. If you're not a CUA customer you'll need to become a member before you can open an account. But don't worry, this will be done for you when you submit your application for this product.

Before you begin the application, make sure you meet the following eligibility requirements and have the necessary documents ready.


  • Minimum age. Only applicants aged 18 or older will be allowed to open a term deposit.
  • Residency requirements. This account is only available for permanent Australian residents.

Ask an expert

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  1. Default Gravatar
    August 23, 2019

    Hi interested in term deposit for 12 months for 200,000. Can you tell me if you have to set up an everyday account Eg with conditions to spend x amount a monthetc to invest this money with CUA

    • Default Gravatar
      August 24, 2019

      Hi Michelle,

      Thanks for leaving an inquiry about CUA Term Deposit on our page. When you open a CUA Term Deposit, you don’t need to set up an everyday transaction with no monthly account keeping fees or an application fee, your savings won’t be reduced by unnecessary costs.

      As a friendly reminder, review the eligibility criteria, fees, interest rates, and terms & conditions of this account before applying. You may also contact the bank should you have any questions about their product.


  2. Default Gravatar
    August 6, 2019

    Is CUA government guaranteed?

    • Avatarfinder Customer Care
      August 6, 2019

      Hi Therese,

      Thank you for getting in touch with Finder.

      Yes, Credit Union Australia (CUA) is included in the Australian Government Guarantee Scheme.

      I hope this helps.

      Thank you and have a wonderful day!


  3. Default Gravatar
    November 11, 2017

    Can I take part of my fixed term deposit before maturaty for financial reasons

    • Default Gravatar
      November 12, 2017

      Hi Bill,

      Thanks for your inquiry

      The page above states that for term deposits of two years or less, an early withdrawal will only be allowed at the discretion of CUA. If approved, adjustments will be made in the interest rate to reflect the change in terms. For term deposits greater than two years, your funds are available to you when needed with no penalty or interest reduction.

      Hope this information helps


  4. Default Gravatar
    July 10, 2017

    Just renewed $250,000 term deposit for 12 months at a rate of @.70%. According to the above the rate is 2.60% for 12 months. However, being a platinum member with an investment for 12 months the rate should be 2.75%. Is this correct?

    • Default Gravatar
      July 12, 2017

      Hello Bob!

      Thanks for the inquiry! :)

      For Platinum Plus Members (55+), 1 year Rate with interest on maturity / annually is 2.70%. You can visit their website and look for CUA Term Deposit Rates.

      Hope this clarifies.


  5. Default Gravatar
    April 12, 2017

    Hi , if I re invest my a term deposit with CUA and I am over 55 years of age can I still get the bonus .15% interest ?

    • Default Gravatar
      April 13, 2017

      Hi Peter,

      Thanks for your inquiry.

      Yes, you are eligible for the bonus interest rate. As a matter of fact, Customers over the age of 55 can see a higher rate of return on their term deposit of one to three years. Please click here to see the details.

      Hope this information helped.


  6. Default Gravatar
    March 24, 2017

    If you choose interest paid monthly, what date is the interest paid? Eg. Is it the last day of the month, anniversary of deposit, or every 30 days?

    • Avatarfinder Customer Care
      March 27, 2017

      Hi Peter,

      Thanks for your question.

      If you opt to have your interest paid monthly, it may be paid on the same day each calendar month or on a 30 day cycle, depending on whether the term you selected for your account is specified as a whole number of months or in days.


  7. Default Gravatar
    October 17, 2016

    Hi. Just wondering about your Platinum Plus product. Your brochure says interest is calculated daily. Does this mean interest is compounded over the term or just paid out at maturity? Thanks

    • Avatarfinder Customer Care
      October 18, 2016

      Hi Barbara,

      Thanks for your question.

      For the Platinum Plus, interest is paid 30 Jun and 31 Dec. Please note, we are a comparison website and provide general advice only. If you would like to discuss your situation in further detail, please contact CUA direct.


  8. Default Gravatar
    August 3, 2016

    what is the interest rate on a term deposit for an over 55 year old for 2 years and how much will it ear?

    • Avatarfinder Customer Care
      August 3, 2016

      Hi Rose,

      Thanks for your question.

      If you would like your interest paid at maturity or annually, the interest rate is 3.05% p.a. Please note this doesn’t represent a quote.

      The actual amount you earn will depend on your initial deposit. You can use our term deposit calculator help you figure this out.

  9. Default Gravatar
    June 27, 2016

    short term interest rates for $800000.00 deposit

    • Avatarfinder Customer Care
      June 27, 2016

      Hi Warren,

      Thanks for your comment.

      Interest on your deposit will depend on the term you choose. You can choose between terms that range from one month to three years. Please refer to our table above to see the relevant rates.

      Hope this helps.


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