The rates outlined below are effective 4 May 2026. Rates are subject to change and may change at any time including between the time you apply for a term deposit account and when your account is opened.
Money Maker Term Deposit
| Term | Interest rate | Interest paid |
|---|---|---|
| 2 months | 1.60% p.a. | At maturity |
| 3 months | 3.75% p.a. | At maturity |
| 4 months | 4.30% p.a. | At maturity |
| 5 months | 5.25% p.a. | At maturity |
| 6 months | 3.80% p.a. | At maturity |
| 7 months | 4.50% p.a. | At maturity |
| 8 months | 3.70% p.a. | At maturity |
| 9 months | 3.80% p.a. | At maturity |
| 10 months | 3.60% p.a. | At maturity |
| 11 months | 3.70% p.a. | At maturity |
| 12 months | 5.00% p.a. | At maturity |
& Retirement Term Deposit
| Term | Interest rate | Interest paid |
|---|---|---|
| 3 months | 3.85% p.a. | At maturity |
Regular Income Term Deposit
| Term | Interest paid monthly | Interest paid quarterly | Interest paid annually |
|---|---|---|---|
| 12 - 35 months | 4.20% p.a. | 4.20% p.a. | 4.20% p.a. |
| 36 - 60 months | 3.35% p.a. | 3.35% p.a. | 3.35% p.a. |
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Important information
Banking and Credit products issued by Police & Nurses Limited (P&N Bank).
Any information on this website is general in nature and does not consider your personal needs, objectives or financial situation. Our rates are current as of today and can change at any time. Eligibility criteria, terms & conditions, fees & charges apply.
Deposits may be guaranteed by the Australian Government’s Financial Claims Scheme, which is a government-backed safety net for deposits of up to $250,000 (per account holder per Authorised Deposit-taking Institution).
Minimum investment $5,000.
We calculate interest daily by multiplying the balance of your deposit by the fixed interest rate. Interest is paid at maturity for terms under 12 months only. For terms of 12 months or more interest can be paid monthly, quarterly, or annually.