ANZ term deposits

3.6
Based on 529 ANZ term deposit product reviews.
Fact Checked
Last updated

ANZ is one of Australia's "Big Four" banks, offering a range of banking products including term deposits, savings accounts, insurance, credit cards, and loans. They offer services both to personal and business banking customers.

Among its two term deposit options, the ANZ Advance Notice Term Deposit stands out with much higher rates. However, these higher rates are designed for savers who are willing to provide 31 days' notice for early withdrawals in exchange for rates higher than its standard term deposit.

Last updated 18 April 2025 Important disclosures

ANZ term deposits

Government Deposit Guarantee: Funds protected up to $250k
  • Advance Notice Term Deposit

    Best rate
    4.25 % p.a.
    for 8 months
    ($5,000 to $1,999,999)
    Next best option
    3.90 % p.a.
    for 18 months
    ($5,000 to $1,999,999)
    No Partner link

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ANZ term deposit ratings

Overall customer rating for ANZ term deposits

3.6
Based on 529 product reviews.

Customer reviews

Important disclosures

ANZ products

Term deposit quick links

FAQs

Can I withdraw my money before the term ends?

Yes, but you need to provide 31 days' notice for early withdrawals. This notice period is a feature of the Advance Notice Term Deposit and is part of how ANZ can offer potentially higher rates. Early withdrawal fees will apply.

Is my money safe with ANZ?

Yes, it is safe. Not only is ANZ one of the big four banks, but it is also an authorised deposit-taking institution. This means that deposits up to $250,000 per account holder are protected under the Australian Government's Financial Claims Scheme. 


* Different interest rates apply to different amounts or different interest payment frequencies.

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