Put your SMSF Term Deposit to work
1. Open your term deposit
The fastest way to do this is online. Or call us 24/7 on 133 464.
2. Choose your maturity option
Tell us what to do with your money when the term ends. You've got three options to choose from.
3. Renew for bonus interest
By renewing your term deposit and holding your funds till the maturity date of your new term deposit you get a loyalty bonus - a non-cumulative add-on to the standard Business Term Deposit interest rate applicable at roll over.
When opening your account:
To open a business term deposit for your SMSF super savings, you need a minimum deposit of $10,000.
You must be:
An account holder using the product for business purposes or with a Self-Managed Super Fund (SMSF)
An Australian resident for taxation purposes
Aged 18 years or over
You will also need to give us:
Personal and contact details for all trustees and authorised users
Self Managed Super Fund contact details
Linked bank account details (to link to your Business Term Deposit deposit account)
An Australian Business Number (ABN), Tax File Number (TFN) or exemption code (otherwise tax is deducted at the highest marginal rate)
Copies of relevant documents to verify your entity type (if unsure, use this profiling tool to confirm your entity)
An existing Client Number (if you're already with ING DIRECT)
Need help? Call our Australia-based customer care specialists 24/7 on 133 464.
Open a Business Term Deposit for your SMSF super savings in minutes.