Term Deposits - Personal
How it Works
Best Ways to Make it Work for You
Once you've set up your Personal Term Deposit, you can forget about it until it matures.
When you apply, all you do need to do is tell us what you would like to happen on maturity
(that's when the term of your deposit finishes). Here are your options ? choose the one that sounds best to you.
- Renew your Personal Term Deposit.
You can renew it for the same term, and you can add extra money if you wish. Best of all, your account balance will be even larger the next time it matures.
- Open a new Personal Term Deposit for a different term. You can renew your Personal Term Deposit, and change the investment term. We offer 30 day, 90 day, 180 day, 1 year and 2 year terms. You can add additional money too if you like.
- Transfer your funds to your linked external bank account or Savings Maximiser or Savings Accelerator.
You can change your maturity instructions online or by calling us on 133 464 at least two business days before the maturity date.
Any advice on this website does not take into account your objectives,
financial situation or needs and you should consider whether it is appropriate for you.
Before making any decision in relation to the Personal Term Deposits you should read the Personal Term Deposit Terms and Conditions booklet. To view this document you may need Adobe Acrobat. The Personal Term Deposits are issued by ING DIRECT, a division of
ING Bank (Australia) Limited ABN 24 000 893 292
AFSL 229823.