Your browser version is no longer supported, so you may experience issues while using this site.
Please upgrade to a current browser to enjoy the best experience.

Savings Accounts & Term Deposits

Our interest-earning savings accounts and term deposits can help you secure your financial future. Each provides access to the award-winning Suncorp App, with features like the Dollar Tracker to help you gain insights into your spending and saving habits.

Bazaar voice logo small
Customer Rating
5.0 stars out of 5 stars 5.0 stars out of 5 stars  (5.0 out of 5)


Growth Saver Account

Earn bonus interest for every month that you grow your net balance by $200 or more (excluding interest) and make no more than one withdrawal. Ideal for helping you reach those long-term savings goals.

Find out more

Standard interest rate

variable rate


Bonus interest rate

variable rate


Growth Saver interest rate


variable rate

Enjoy the certainty of traditional term savings

Term Deposits

Lock in your return on savings you leave untouched for a set period. Invest from $5,000.

Find out more

3 Months Fixed Term Limited Time Offer

Offer available from 16 July 2021 for a limited time for Term Deposits opened or renewed by Suncorp customers.

Terms and Conditions Apply

$5,000 - $99,999


$100,000 - $999,999


$1,000,000 - $2,000,000


Boost your savings with flexiRates

Earn higher interest by choosing to lock away a portion of your savings for up to 12 months.

flexiRates can easily be set up and managed in the Suncorp App and Internet Banking.

Higher interest rates for up to 12 months with flexirates

Benefits of banking with us

No ATM Fees
Fee-free withdrawals at Suncorp, rediATMs plus the Big 4 banks

Everyday discounts
Suncorp customers with a Savings account can sign-up and save on everyday items

Eligibility criteria and limits apply.

Internet Banking
Easy-to-use online features

We’re committed to protecting your personal information

Ready to get in touch?

Our friendly team of consultants are here to help.

Call Us

Mon - Fri 8am - 10pm

Sat – Sun 8am – 6pm


Message us

Send us an email and one of our Banking Specialists will respond to your enquiry

Visit us

Visit your nearest store or ATM

Bazaar voice logo small
Customer Rating 5.0 stars out of 5 stars 5.0 stars out of 5 stars  (5.0 out of 5)

Find out exactly what Suncorp customers thought about their website experience when opening an account.

Reviews are managed and sourced by BazaarVoice.

Reviews are independently verified and detail our customers' real experiences.

Deposit Products and Fixed Term Deposits are issued by Suncorp-Metway Ltd (“Suncorp Bank”) ABN 66 010 831 722 AFSL No 229882. Please read the Product Information Document for Personal Deposit Accounts (PDF 255KB) and Term Deposits (PDF 186KB) before opening an account. Fees, charges, terms and conditions apply and are available on request.


Interest rates

 Interest is calculated on a 'tiered' basis which means that when your account balance exceeds the required amount, we will apply the higher interest rate to your entire balance

Offset capability

Use the balance in your savings and transaction account to offset the balance in your home loan. You’ll pay less, because the interest is calculated on the Home Loan amount minus the balance in your accounts. To put it simply, the larger the balance you hold in your Everyday Options account and Sub-accounts, the less interest you’ll end up paying on your home loan.

Choose how the interest is paid

Interest payment options depend on your Term Deposit term