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Advance Notice Term Deposit

Calculate term deposit interest for ANZ

Deposit amount

Savings term


Pros and Cons

  • Covered By government guarantee
  • Interest cannot be paid to other institution

ANZ term deposit rates

Savings Term
$5,000 - $99,999
$5,000 - $4,999,999
1 month 1.10%
2 months 1.25%
3 months 1.65%
4 months 2.15%
5 months 1.55%
6 months 1.70%
7 months 1.45%
8 months 1.45%
9 months 1.45%
10 months 1.50%
11 months 1.85%
1 year 1.85%
2 years 1.75%
3 years 1.80%
4 years 1.85%
5 years 1.85%




If you are considering a term deposit, you may be wondering if you can take out your money early. It is possible to break a term deposit, but it will cost you both time and money.

Many banks require 31 days’ notice if you wish to break a term deposit. This means that if you need money urgently for an unexpected expense, it may not be worth breaking your term deposit. Make sure to read the fine print to see if this wait period applies to the term deposit you are considering.

You will also most likely need to pay a breakage fee in order to access your funds, and you may also incur a reduced amount of interest. All of this information – including the fee amounts – should be available in the term deposit product disclosure statement (PDS), so ensure that you read the fine print before committing.

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