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Business Term Deposits - Newcastle Permanent

Invest on your terms

Put your hard-earned money to work with a Business Term Deposit from Newcastle Permanent.

Interest rate 4.25 % p.a.
Interest paid at maturity. 6 month term.

Invest your savings

A Term Deposit is a secure way to boost your savings. Simply open an account, select your term and enjoy the rewards of a certain rate of interest.

With flexible terms from 21 days up to 5 years, no annual or monthly fees and the ability to choose an interest option that suits you, get started from as little as $1,000.

For added peace of mind for your investment, all term deposits are covered by the Australian Government Guarantee for deposits up to $250,000.*

View our rates

Compare our Term Deposit interest rates now.

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Competitive rates

Boost your savings with a competitive rate.

Flexible terms

From 21 days up to 5 years.

Zero fees

No annual or monthly account keeping fees.

Secure

Lock in an interest rate for a term that suits you.

Interest options

Choose from interest paid periodically or at maturity.

Guaranteed

Backed by the Australian Government Guarantee.*

 

Rates are effective as at 9am Tuesday 10/06/2025 and are subject to change without prior notice.

Interest paid at maturity

Days Interest rate
21 - 45 days 1.00% p.a.
46 - 75 days 1.00% p.a.
76 - 105 days 3.95% p.a.
106 - 135 days 3.95% p.a.
136 - 165 days 3.95% p.a.
166 - 195 days 4.25% p.a.
196 - 225 days 3.80% p.a.
226 - 255 days 3.80% p.a.
256 - 285 days 3.80% p.a.
286 - 315 days 3.80% p.a.
316 - 345 days 3.80% p.a.
346 - 385 days 3.90% p.a.
Rates are effective as at 9am Tuesday 10/06/2025 and are subject to change without prior notice.

Interest paid periodically

Monthly Interest rate
76 - 105 days 3.85% p.a.
106 - 135 days 3.85% p.a.
136 - 165 days 3.85% p.a.
166 - 195 days 4.15% p.a.
196 - 225 days 3.70% p.a.
226 - 255 days 3.70% p.a.
256 - 285 days 3.70% p.a.
286 - 315 days 3.70% p.a.
316 - 345 days 3.70% p.a.
346 - 385 days 3.80% p.a.
2 years 3.40% p.a.
3 years 3.80% p.a.
4 years 3.40% p.a.
5 years 3.40% p.a.
Quarterly Interest rate
1 year 3.80% p.a.
2 years 3.40% p.a.
3 years 3.80% p.a.
4 years 3.40% p.a.
5 years 3.40% p.a.
Half Yearly Interest rate
1 year 3.80% p.a.
2 years 3.40% p.a.
3 years 3.80% p.a.
4 years 3.40% p.a.
5 years     3.40% p.a.
Annually Interest rate
2 years 3.50% p.a.
3 years 3.90% p.a.
4 years 3.50% p.a.
5 years 3.50% p.a.

Fees and charges

Account keeping fee Nil
Automatic transfer fee Nil
Branch deposit fee Nil

PDF
Current Term Deposit Product Schedule 35kB

More features

Minimum deposit amount $1,000
Flexible terms 21 days - 5 years
Interest payments frequency Monthly, quarterly, half-yearly, annually or at maturity
Australian Government Guarantee Up to $250,000*
Online or branch deposits Deposits can be made within 4 days of account opening (inclusive of the account opening day), or within 7 days before or after maturity date.
Online or branch withdrawals On the maturity date or within the 7 days thereafter
Internet banking & estatements Yes
Premium Banking Relationship service Dedicated and personalised service from the Premium Banking team for customers with Term Deposits of $250,000 in total or a Term Deposit of any value with total deposit holdings over $750,000.

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*Deposits up to $250,000 per customer are guaranteed under the Australian Government's Financial Claims Scheme.


Interest rate where Term Deposit funds are withdrawn prior to the maturity date is 0.01% p.a. Term Deposit rates are fixed and apply to the whole balance of the account. For further information regarding interest and the products generally, please view the applicable Terms and Conditions. 


1 and 2 month terms only available for interest paid at maturity.


You should consider the Terms and Conditions in deciding whether to acquire, or to continue to hold these products. Fees and charges may apply.