Rates & Fees

 

Term Deposit interest rates for RSL Sub-Branches and individual members:

	$1,000 and above
3 months	3.50% p.a.*
4 months	4.85% p.a.*
5 months	4.80% p.a.*
6 months	4.95% p.a*
7 - 11 months	4.60% p.a.*
12 months	4.80% p.a.*
13 - 15 months	4.55% p.a.*
16 - 23 months	3.95% p.a.
24 - 36 months	3.95% p.a.

_{*Interest rate applies to both monthly interest and maturity interest options.
*Monthly interest only available up to 12 months.}

If you are an RSL Sub-Branch or associated entity, please contact us for our current rates.

_{Rates are current as at 19 December 2024 and are subject to change at RSL Money’s discretion. Maximum deposit limits apply.}

Other Term Deposit options are also available, please contact Australian Military Bank for further details.

For information on fees that may be payable in relation to a RSL Term deposit, please see our Fees and Charges Schedule.  

Download our Schedule of Fees and Charges

View our Terms and Conditions of use: Account & Access Facility (Australian Military Bank)

View our Terms and Conditions of use: Account & Access Facility (RSL Money)

The Target Market Determinations (TMD) for our products are available here

Questions

 

Here are the most common questions we get asked about our Term Deposit Accounts. Can’t see your question? Call us on 1300 13 23 28.

How is the interest calculated?
Interest is calculated daily and is paid per annum, or at the end of your chosen term length.

What is the Government guarantee on bank deposits?  
The Australian Government guarantees deposits up to $250,000 per depositor in Authorised Deposit-taking Institutions (ADIs) under the Financial Claims Scheme. This means that your money is guaranteed to be safe in the unlikely event that anything happens to the ADI. To find out more about the scheme visit the Money Smart website. 

Is there a minimum deposit needed to get started?
Yes, a balance of $1,000 or more is needed to open your account.

Can I withdraw my money at any time?
When you apply for a Term Deposit your funds will be set aside for a nominated term. If you wish to access your funds before your term is up, fees and charges may apply.