Tyro Business Term Deposit
Set aside funds for future payments such as your Business Activity Statements (BAS) or make the most of your savings. Lock-in a fixed interest rate with our range of term deposits. Available exclusively to Tyro EFTPOS and eCommerce customers, with an open Tyro Bank Account.
![](https://www.tyro.com/wp-content/uploads/2022/07/moving-forward_TVC_11-scaled.jpg)
Grow your business savings
Open one or more term deposits; starting with as little as $1,000 up to a maximum of $1,000,000 per term deposit. Funds will be automatically transferred from your fee-free Tyro Bank Account *. Interest paid at account maturity ^.
Your money is protected
Rest assured that your money is protected with the extra security of the Australian Financial Claims Scheme §.
Open a term deposit in minutes *
Click on the Banking tab in the Tyro App, then click on the ‘Add Term Deposit’ button. Follow the steps to open a Term Deposit.
A choice of rates
3.75% p.a
30 Days
3.85% p.a.
60 Days
4.00% p.a.
90 Days
3.75% p.a.
180 Days
3.00% p.a.
365 Days
Rates are current as at 3 June 2024 and subject to change