Term Deposits for over 55s
With fixed rates, protection from market changes and a range of term options, you can find a bcu Term Deposit that’s best for you. So feel secure & carefree and watch your funds grow when you lock in a great rate with your bcu Term Deposit.
Plus members aged 55+ have the advantage of these special rates.
With these great features
Earn a fixed interest rate on funds
No account keeping fees
Protected from market changes
Secure your investment with as little as $5,000
Choose from a range of terms from 3–36 months
Choose a term and payment period that suits you
0.35% p.a.
3 month term
Interest paid Monthly
On Investments of $5,000 - $999,999.99
0.35% p.a.
6 month term
Interest paid Monthly
On Investments of $5,000 - $999,999.99
0.35% p.a.
12 month term
Interest paid Monthly
On Investments of $5,000 - $999,999.99
Looking to invest but want more options?
See all Term Deposit rates (PDF)
| Term | Interest Frequency | $5,000 to $999,999.99 |
|---|---|---|
| 6 Months | Fortnightly | 0.30% p.a. |
| 12 Months | Fortnightly | 0.30% p.a. |
| 24 Months | Fortnightly | 0.35% p.a. |
| 36 Months | Fortnightly | 0.45% p.a. |
| 3 Months | Monthly | 0.35% p.a. |
| 6 Months | Monthly | 0.35% p.a. |
| 12 Months | Monthly | 0.35% p.a. |
| 24 Months | Monthly | 0.40% p.a. |
| 36 Months | Monthly | 0.50% p.a. |
Important Information - Investments 1
Rates current as at 27 August 2021 and subject to change. All interest rates are calculated on a daily basis.See how your money can grow with our Term Deposit calculator
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Important information
Disclaimers & Conditions of Use
1. Rate is only available for applicants who are aged 55+. This product is not suitable for businesses. Interest can only be added to the principal on maturity. Interest paid monthly, quarterly, six monthly or annually must be paid into a bcu savings or loan product, by cheque or transfer to an external account. Interest will be calculated daily. Early withdrawal for terms 1 to 24 months is at bcu’s discretion for the full or partial withdrawal of the investment before maturity. Terms greater than 24 months are subject to seven days notice for the full or partial withdrawal of the investment before maturity.
Please refer to our Term Deposit Account Terms and Conditions and Term Deposit Interest Rate Schedule.