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Earn great returns with an IMB Term Deposit. An IMB Term Deposit offers competitive returns for investment terms from 1 month up to 5 years for amounts of $1,000 or more. Term Deposits are a secure way to grow your savings for the future!

  • Competitive interest rate fixed for the full investment term.
  • Option for regular interest payments.
  • Negotiable interest rates available for investment amounts over $100,000 (IMB's NITA product).
  • Regular statements to keep you up to date on your account.
  

 

Interest Rates

Interest paid on maturity

Term (months) Interest Rate
  $1,000.00 - $4,999.99 $5,000.00 - $24,999.99 $25,000.00 - $49,999.99 $50,000.00 and over
Minimum investment $5,000*
3 Month Special N/A 0.50% pa 0.50% pa 0.50% pa
6 Month Special N/A 1.00% pa 1.00% pa 1.00% pa
12 Month Special N/A 2.25% pa 2.25% pa 2.25% pa
Minimum investment $1,000*
1 - 3 Months 0.10% pa 0.10% pa 0.10% pa 0.10% pa
3 - 6 Months 0.15% pa 0.15% pa 0.15% pa 0.15% pa
6 - 9 Months 0.15% pa 0.15% pa 0.15% pa 0.15% pa
9 - 12 Months 0.15% pa 0.15% pa 0.15% pa 0.15% pa
12 Months 0.15% pa 0.15% pa 0.15% pa 0.15% pa

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Interest paid annually (every 365 days)

Term (months) Interest Rate
  $1,000.00 - $4,999.99 $5,000.00 - $24,999.99 $25,000.00 - $49,999.99 $50,000.00 and over
Minimum investment $5,000*
24 Month Special N/A 1.25% pa 1.25% pa 1.25% pa
36 Month Special N/A 1.50% pa 1.50% pa 1.50% pa
48 Month Special N/A 1.75% pa 1.75% pa 1.75% pa
60 Month Special N/A 2.00% pa 2.00% pa 2.00% pa

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Interest paid 6 monthly and on maturity

Term (months) Interest Rate
  $1,000.00 - $4,999.99 $5,000.00 - $24,999.99 $25,000.00 - $49,999.99 $50,000.00 and over
Minimum investment $1,000*
6 - 9 Months 0.15% pa 0.15% pa 0.15% pa 0.15% pa
9 - 12 Months 0.15% pa 0.15% pa 0.15% pa 0.15% pa
12 - 24 Months 0.15% pa 0.15% pa 0.15% pa 0.15% pa
24 - 36 Months 0.15% pa 0.15% pa 0.15% pa 0.15% pa
36 - 48 Months 0.15% pa 0.15% pa 0.15% pa 0.15% pa
48 - 60 Months 0.15% pa 0.15% pa 0.15% pa 0.15% pa
60 Months 0.15% pa 0.15% pa 0.15% pa 0.15% pa

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Interest paid monthly (every 28 days)

Term (months) Interest Rate
  $1,000.00 - $4,999.99 $5,000.00 - $24,999.99 $25,000.00 - $49,999.99 $50,000.00 and over
Minimum investment $5,000*
12 Month Special N/A 2.23% pa 2.23% pa 2.23% pa
24 Month Special N/A 1.24% pa 1.24% pa 1.24% pa
6 - 9 Months N/A 0.10% pa 0.10% pa 0.10% pa
9 - 12 Months N/A 0.10% pa 0.10% pa 0.10% pa
12 - 24 Months N/A 0.10% pa 0.10% pa 0.10% pa
24 - 36 Months N/A 0.10% pa 0.10% pa 0.10% pa
36 - 48 Months N/A 0.10% pa 0.10% pa 0.10% pa
48 - 60 Months N/A 0.10% pa 0.10% pa 0.10% pa
60 Months N/A 0.10% pa 0.10% pa 0.10% pa

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Interest paid fortnightly (every 14 days)

Term (months) Interest Rate
  $1,000.00 - $4,999.99 $5,000.00 - $24,999.99 $25,000.00 - $49,999.99 $50,000.00 and over
Minimum investment $2,000*
12 Months 0.05% pa 0.05% pa 0.05% pa 0.05% pa

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Rates effective 17th June 2022. *Rates and terms negotiable for amounts over $100,000. Amounts withdrawn before maturity may incur an interest rate reduction of up to 3%.If upon maturity of your term deposit, you do not provide contrary instructions, your investment will be reinvested at the standard interest rate, which may be higher or lower than your current rate, and this will constitute a new facility. This document forms part of IMB's Product Disclosure Statement (PDS) for products and payment facilities listed in Page1 of IMB's Member Guide to Transaction Banking, which consists of the following documents IMB Member Guide to Transaction Banking PDS and PDS Fees and Charges for IMB Services and PDS Interest Rates for IMB Products, and any other supplementary PDS issued by IMB. Target Market Determinations, available here.

Fees, Charges and Limits

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Important Information:
*Terms & conditions apply. Rates and fees current as at date of appearance and subject to change. Penalties apply to early withdrawal. If upon maturity of your term deposit you do not provide contrary instructions, your investment will be reinvested for the same term at the standard interest rate applicable at that time, which may be higher or lower than your current rate, and this will constitute a new facility. 12 month term is treated as 365 days for the purposes of term length and interest calculations. You should consider the Product Disclosure Statement, which consists of the following documents IMB Member Guide to Transaction Banking PDS and PDS Fees and Charges for IMB Services and PDS Interest Rates for IMB Productsand any other supplementary PDS issued by IMB, available from IMB before making a decision about this product. Target Market Determination, available here. This advice is general advice only and does not take into account your objectives, financial situation or needs.