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Secure & Carefree

55+ Term Deposits

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 fee

No account keeping fees

No fee

Protected from market changes

No fee

Secure your investment with as little as $5,000

No fee

Choose from a range of terms from 3–36 months

No fee

Choose a term and payment period that suits you


6 month term

On Investments of $50,000 - $99,999.99


12 month term

On Investments of $50,000 - $99,999.99


24 month term

On Investments of $50,000 - $99,999.99

Looking to invest but want more options?

See how your money can grow with our Term Deposit calculator

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Important things you should know

Disclaimers & Conditions of Use

    bcu are the product issuers of the 55+ Term Deposits. This information is of a general nature only and does not take into consideration your individual objectives, financial situation or needs. Consider whether the information is suitable for your objectives, financial situation and needs before making any decision about whether to acquire the product.

    Terms and conditions apply. Please consider our Product & Access Facility Conditions of Use before acquiring our products.

    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 (excluding Farm Management Deposits where interest cannot be capitalised). Interest paid fortnightly, 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. If withdrawn early, the rate of interest payable on the investment for the whole of the term to the date of withdrawal will be the rate applying to the Christmas Club Account at the time of withdrawal and may result in the recovery of interest already paid. Please note that interest rates for amounts of $1,000,000 and over are by negotiation. Please refer to our Product and Access Facility Terms and Conditions, Fees and Charges Schedules and Interest Rate Schedules for full details. These documents are also available at any bcu store.