In the current financial climate it’s reassuring to know that there’s something you can count on – a St.George Term Deposit. Regardless of the market, you can be sure that you’ll always get a guaranteed return.

What is the St.George Term Deposit Account?

St.George offers a competitive Term Deposit account with a range of terms to suit your needs from 4 months to 5 years. Rates are guaranteed for the entire duration of your selected term meaning you can save without the worry of plunging interest rates. The account also offers you the ability to set up a Term Deposit for business or for Self Managed Super Funds. The DIY Super Direct Saver won Money Magazine’s Best DIY Super Saver Account for 2010 and is loaded with features.

Is This the Account for Me?

This account will suit people looking for an account with no monthly fees, guaranteed competitive interest rates and stability for both small (starting at $5,000) and large (up to $5,000,000) investments. The longer you can put your cash away, the higher the interest rate so those with a lump sum they don’t need access to for up to 5 years will benefit most from the account and earn the most returns.

The Advantages of This Account

Naturally, the biggest advantage of this account is the high interest rate for the 5 year term along with the high upper limit of $5,000,000 if you’re looking to invest a large sum. Many other term deposit accounts offer reasonable rates but this is up with the best we’ve seen. There are also no monthly fees and application is done simply and easily online and takes about 10 minutes. You don’t need to have any other St.George accounts to set up a Term Deposit account which offers a great deal for savers.

Am I Eligible for This Account?

To apply successfully for the St. George Term Deposit Account, customers must be aged over 18 years, be a resident of Australia, and have a minimum of $5,000 to invest for a minimum term of 4 months.

How Do I Open a St George Term Deposit Account?

The St.George Term Deposit Account is quick and easy to open. The application process can be completed online from the comfort of your own home, and is straightforward. In just a few easy steps, you can fill in your essential details and wait for a response.