How do I renew my term deposit online?
Last updated 01 December 2017
You can easily renew your term deposit in NetBank when your term deposit matures or even provide instructions in advance of the maturity date which we’ll automatically follow when your term deposit matures.
Just keep in mind that the applicable interest rate for the renewed term will be the rate which applies on the day of the maturity to that term and may be different, higher or lower, to the interest rate that applied previously.
If your term deposit is in the holding facility, you can renew your term deposit by dropping in to your nearest branch or calling us on 13 2221.