Open a term deposit

Want to experience the BCU Bank difference?

Ready to set up a BCU Bank term deposit and make the most of your money? If you’re new to BCU, your first step is to open a bank account with us. This can be done completely online, and only takes a few minutes.

You'll need to:

Be an individual

You will need to be at least 18 years of age.

Have at least two forms of valid identification

This can be a valid Australian driver licence, Australian passport, or your Medicare card.

Be an Australian resident

With a current Australian residential address.

What happens next?

Once you’ve opened your account, you’ll receive a welcome email with everything you need to know to start banking with us. You can then open your term deposit online quickly and easily through BCU iBank internet banking or the BCU Bank app.

Already bank with us?

If you already bank with us, you're halfway there! You can open a term deposit online quickly and easily by logging in to BCU iBank and clicking Apply. Alternatively you can use the BCU Bank app – just select Open an account in the menu after logging in.

If you can't find the term you would like to open online, please visit us in a branch or contact us on 1300 228 228 and one of our friendly staff will be happy to help.

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