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Your Savings, Your Future

Have peace of mind in your investment with a Term Deposit from The Capricornian. Our Term Deposits can be invested in a 3, 6, 12 or 24 month term.

At the end of the term, you’ll have full access to both the principal and the interest that you have earned, with the option to re-invest for another selected term at the current interest rate.

*Under the Financial Claims Scheme (FCS), eligible deposits are protected up to a limit of $250,000 for each account holder at each bank, building society and credit union that is incorporated in Australia and authorised by the Australian Prudential Regulation Authority (APRA).

Flexible terms

Terms of 3, 6, 12 and 24 months available

Financial Claims Scheme

*Deposits up to $250,000 per account holder are guaranteed by the Australian Government’s FCS

In Branch

Talk to a local who understands

  • Funds only available on maturity
  • Available to individuals, companies and trusts for personal or business use
  • Minimum term deposit: $5,000
  • Maximum term deposit: $250,000 2
  • Interest income available monthly 1 or at maturity

TermInterest Rate
3 month term deposit3.00% p.a
6 month term deposit3.25% p.a
12 month term deposit4.00% p.a
24 month term deposit4.00% p.a

Rates effective from 01/07/2023.

Eligibility criteria, terms and conditions, fees and charges apply.

Please note this information does not take into account your personal circumstances and is general advice only. Before opening any Capricornian account, please read the Conditions of Use and decide if the account is right for you. Interest rates are subject to change without notice and should be verified with your local Capricornian Branch.

The penalty applied to an early redemption of a Fixed Term Deposit is 30 Days interest on the redeeming portion of the deposit.

*Under the Financial Claims Scheme (FCS), eligible deposits are protected up to a limit of $250,000 for each account holder at each bank, building society and credit union that is incorporated in Australia and authorised by the Australian Prudential Regulation Authority (APRA). The Capricornian Ltd Term Deposit products are protected accounts under the Australian Government’s FCS, for eligible deposits up to $250,000 per account holder per financial institution. Information on the FCS is available at www.fcs.gov.au.

1 Monthly interest option will incur a 0.20% reduction of interest paid at maturity rates.

2 Term deposit amounts over $250,000 by negotiation only.

To close your account, please visit us in branch or call our Contact Centre on 1300 314 900. Please see Conditions of Use for further information.

Open a banking account

Whether you’re new to us or an existing member, here is how you can open an account.

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