Guaranteed returns with a Citibank Term Deposit.

Guaranteed returns with a Citibank Term Deposit.

Citibank Term Deposits

Lock-in a competitive interest rate with our Term Deposits and watch
your investments grow.

$75,000 to invest

2.80% p.a.1

6 month term deposit, max investment $2,000,000 / 31 day notice period applies

$250,000 to invest

3.00% p.a.1

6 month term deposit, max investment $2,000,000 / 31 day notice period applies

  • Feel secure in your investment, with guaranteed returns at maturity
  • No set-up, monthly service or management fees
  • Terms ranging from 8 days to 5 years
  • Interest payable monthly, quarterly, annually or on maturity, depending on the term
  • Choose from local or foreign currency term deposits
  • A range of options to reinvest all or part of your term deposit when it matures


Minimum opening balance $10,000 (may differ for special offers).
Monthly account keeping fee $0
Funds at call


Interest earned View rates
Interest paid Monthly, quarterly, annually or at maturity
Calculated daily


Written instructions
Phone banking
How to Apply

Apply now

Apply today and start saving.

What you will need:

You will need the following information to apply for a Citibank Term Deposit:

Minimum deposit: You will need a minimum deposit of $10,000 to open your Citibank Term Deposit.
Proof of age: You must be over 18 years of age or older.
Personal identification: You must be able to be identified in Australia at or before account opening. This includes providing two forms of identification, one of which must be photo identification, along with your application at one of our branches or at an Australia Post outlet.
Personal details: Residential address, contact details (for all account holders if applying for a joint account) and your current e-mail address.
Tax File Number (TFN): Or valid exemption - you do not have to provide your TFN, but without it we will be required to deduct tax at the top marginal rate.

Important information:

1. Interest rate only available for new to bank funds, on 6 month term deposits under AUD$2,000,000. Promotional rate is subject to change without notice. 31 day notice period applies to term deposits.

Any advice is general advice only. It was prepared without taking into account your objectives, financial situation, or needs. Before acting on this advice you should consider if it's appropriate for your particular circumstances. You should also obtain and consider the relevant Product Disclosure Statement and terms and conditions before you make a decision about any financial product, and consider if it's suitable for your objectives, financial situation, or needs. Investors are advised to obtain independent legal, financial, and taxation advice prior to investing. Citibank Term Deposits are issued by Citigroup Pty Limited ABN 88 004 325 080, AFSL 238098, Australian credit licence 238098.