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The flexible NAB Term Deposit allows you to earn a fixed rate of interest on your savings for the short and long term. You can use the interest earned to augment your income now, or choose to have it help grow your savings by having it added at maturity.
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Product Name | NAB Term Deposit |
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3 month interest rate | 0.15% |
4 month interest rate | 0.20% |
6 month interest rate | 0.30% |
7 month interest rate | 0.40% |
9 month interest rate | 0.50% |
12 month interest rate | 2.25% |
24 month interest rate | 1.00% |
36 month interest rate | 1.60% |
48 month interest rate | 1.80% |
60 month interest rate | 2.00% |
Minimum Opening Deposit | $5,000 |
Minimum Age Requirement | 18 |
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. |
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June 4, 2022
What are your current interest rates on term deposits of 6, 9, and 12 mths on $75,000
June 20, 2022
Hi Jen,
Below are NAB’s term deposit rates for a $75,000 balance (as of 20 June 2022):
6 months: 0.30% p.a.
9 months: 0.50% p.a.
12 months: 2.25% p.a.
Thanks,
Alison
May 7, 2022
total interest on 60 day term deposit on $400.000 investment
May 13, 2022
Hi John,
NAB Term Deposit offers 0.05% p.a. for 60 day term. The interest is paid after the term matures.
With a balance of $400,000 you’d earn $33.33 in interest.
Higher rates are available for longer term lengths.
Thanks,
Alison
March 16, 2022
If I open this type of account for 6 months and I deposit 6,000. One month later, I want to deposit another 2,000. Will the total amount be available to withdraw once the 6 months of the first deposit is due?
May 1, 2022
Hi Jose,
If you are referring to the NAB term deposit, I’m afraid you won’t be able to deposit additional money into the account. This is a term deposit that you can only add money at the start and wait for it to mature.
If you wish to learn more, you can read our term deposit guide.
I hope this helps.
Regards,
Joshua
December 12, 2021
If I deposit 5000$ in fixed deposit for 1 year by the time maturity how much I could get as total amount.?
January 12, 2022
Hi Indika,
Currently, a NAB term deposit is offering a fixed interest rate of 0.25% p.a for 1 year. With a $5000 deposit, this would equal $12.50 in interest after 12 months. Interest is calculated daily and paid when your term deposit matures. For terms of 12 months or more, you can elect to have your interest paid monthly, quarterly, half-yearly, or annually.
Thanks,
Alison
June 19, 2019
Please advise interest rate for term deposit 4 months.
June 19, 2019
Hi Frank,
Thank you for your comment.
According to our page, the 4-month interest rate for term deposit is 2.05%, and this is paid at maturity only.
Regards,
Jhezelyn