Citibank Term Deposits - Citi Australia

Term Deposits

Compare our Term Deposit rates. Earn guaranteed returns on your investment with competitive rates.

1.70% p.a.1



Balances from $250,000 to $2,000,000.
Available for new to bank funds, by arranging a call.

Request a call

1.60% p.a.



Balances from $10,000.
Available for new to bank funds through Citibank Online.


Open a Citibank Plus Account, sign on to Citibank Online and move your savings into a Term Deposit.

1.40% p.a.



Balances from $10,000.
Available for new to bank funds through Citibank Online.


Open a Citibank Plus Account, sign on to Citibank Online and move your savings into a Term Deposit.

Existing Citi customer?

How to open your Term Deposit online

• Sign On to Citibank Online
• Click the 'Services' Tab
• Click on 'Banking Services'
• Scroll to the bottom and Click 'Term Deposits'
• Enter your One Time Pin 
• Select from which Account you'd like to transfer your funds
• Follow the prompts 

Open a Term Deposit online


Feel secure in your investment, with guaranteed returns at maturity. Covered by the Australian Government Deposit Guarantee Scheme.2

On Your Terms

Speak to us about our full range of offers and choose a term that suits you.


Reinvest your Term Deposit at maturity with your financial future in mind, with a wide range of investment opportunities.

Additional Information

  • What you will need 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 an Australia Post outlet.

    Personal details: Residential address, contact details 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.

See how much your Citibank Term Deposit will earn.

Check out our term deposit calculator >

Open your Citibank Term Deposit today!

Request a call >

Help and Support

Term Deposit Links

31 Day Notice Period Fact Sheet
Term Deposit Terms & Conditions
Term Deposit Fees & Charges

Citibank Online

Access and manage your money in a quick, convenient and secure way, from anywhere in the world.

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Information & Forms

Here we have all the information you need about our banking products, from interest rates to switching forms.

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Existing Customers

Getting started
Managing your application
Using your account

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Things you should know

Offers $250,000 and above are only available by arranging a call using the ‘Request a call’ page or by appointment at a Citi Wealth Management Centre.

1. Interest rate is subject to change without notice. Interest rate only available on term deposits under AUD$2,000,000. 31 day notice period applies to term deposits.

2. Deposit accounts with Citibank with balances of up to and including A$250,000 in total for each account holders are guaranteed by the Federal Government without charge. For more details see APRA's Financial Claims Scheme website.

The Term Deposit will automatically renew for the same term at maturity unless you have nominated otherwise. Please note that the interest rate that will apply to your reinvestment will be the interest rate current on the date of maturity which may be less than what may be available to you had you made a new investment.

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.