Term Deposit rates

December 17 2018

How do term deposits work?

Learn more about Term Deposit with ESSSuper to help you understand if this option is right for you and how the process works.

Learn more

ESSSuper offers a limited range of Term Deposit investment options from selected leading Australian banks.

We will publish details of the Term Deposit investment options each month on the 16th day of the month or the next business day. Remember, we must receive your instruction by the 20th day of the month if you wish to invest.


Latest rate

Status Bank  Term Maturity date Accumulation
Plan Rate
(per annum)
Working Income
Stream Rate
(per annum)
Retirement Income
Stream Rate
(per annum)
Closed NAB 6 months 1 June 2019 2.16% 2.16% 2.54%
Closed  Westpac  6 months 1 June 2019 1.86% 1.86%  2.19% 

Investment option change forms

Prior Term Deposit Rates

Status Bank Term Maturity Date Accumulation
Plan rate
(per annum)
Working Income
Stream rate
(per annum)
Retirement Income
Stream rate
(per annum) 
Closed  NAB 6months 1 May 2019 2.16% 2.16% 2.54%
Closed  Westpac 6 months 1 May 2019 1.86% 1.86%  2.19% 
Closed  NAB  6 motnhs  1 April 2019  2.15%  2.15%  2.53% 
Closed  Westpac 6 months  1 April 2019  1.86% 1.86%  2.19% 
Closed  NAB 6 months  1 March 2019 2.14%  2.14%  2.52% 
Closed Westpac  6 months 1 March 2019  1.86% 1.86%  2.19% 
Closed  NAB 6 months 1 February 2019 2.19% 2.19%  2.57% 
Closed  Westpac 6 months 1 February 2019 1.86% 1.86%  2.19% 
Closed NAB 6 months 1 January 2019 2.20% 2.20% 2.59%
Closed Westpac 6 months 1 January 2019 1.86% 1.86% 2.19%
Closed  NAB  6 months  1 December 2018  2.10%  2.10%  2.47% 
Closed  Westpac  6 months  1 December 2018  1.86%  1.86%  2.19% 
Closed  NAB  6 months   1 November 2018  2.11%  2.11%  2.48% 
Closed  Westpac 6 months 1 November 2018 1.86% 1.86%  2.19% 
Closed  NAB  6 months  1 October 2018  2.08%  2.08%  2.45% 
Closed  Westpac  6 months  1 October 2018  1.95%  1.95%  2.29% 
Closed  NAB 6 months  1 September 2018  2.04% 2.04% 2.40%
Closed  Westpac 6 months  1 September 2018  1.95% 1.95% 2.29% 

Westpac
Westpac