Term deposits

A term deposit is a cash investment held at a financial institution (e.g. a bank) for an agreed interest rate over a fixed term, so the interest rate does not generally change for the nominated term.

BT Invest has a range of term deposits offering a variety of terms and interest payment frequencies to meet your needs.

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Available payment frequencies are:
  • 3 months
  • 6 months
  • 1 year
  • 3 years
  • 5 years

With an initial investment minimum of $5,000, you can choose from a range of brands and payment frequencies.

Security of a low level of risk and a fixed interest rate that gives you a known rate of return, even in uncertain times.

Simple options on maturity to allow you to easily invest in a new term deposit. Term deposits can be applied for and managed online.



BT Invest administration cost (p.a.)*



Management cost



Transaction costs

For example, if you purchased a term deposit of $10,000 during the year, you'd pay:

$60 p.a.

* The $60 p.a. is an Account Based Administration Fee, and this fee will be the same regardless of how many investments you may hold (and won’t apply until you’ve made your first deposit). For example, if you later invest in a managed fund, your Account Based Administration Fee remains at $60 p.a.

Please note, an Asset Based Administration Fee applies to any investments in managed funds or the sector managed portfolio options (but not to BT Cash, term deposits or the five diversified managed portfolio options).

For further information see the ‘Fees & Costs’ section of the BT Invest Investor Guide and the ‘What are the fees and other costs?’ section of the BT Managed Portfolios PDS.



Term deposit rates

If you’d like to know the particular interest rate of a term deposit, please call 1300 889 635 or they are available online after opening a BT Invest account.

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Listed securities, typically referred to as shares, can be part-investments in an individual business traded on the Australian Securities Exchange (ASX). Listed securities also include financial products which track the performance of an index, such as Exchange Traded Funds (ETFs).

Managed funds are professionally managed investment portfolios with specific investment aims (e.g. to follow or do better than the market) and investment mixes (e.g. shares, bonds, etc).

Managed portfolio options are a portfolio of assets made up from managed funds, shares (which may include exchange traded funds) or cash. They are monitored by an appointed investment adviser to ensure the right investments in the right proportions are in place.

New to investing or want an expertly managed portfolio? You may like to consider one of five Ready-made managed portfolio options

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