NetTerm Deposits
Investing your savings just got easier. Now you can set up a term deposit online using QPCU’s NetTerm* at a time that suits you.
Why invest in a QPCU NetTerm?
It’s a simple and convenient way to make your money work harder for you. If you have QPCU Internet Banking and a minimum of $2,000 to invest you can open a NetTerm term deposit online.
Invest in a NetTerm today and receive the following benefits:
• your funds will be locked away for the nominated term so there is no temptation to spend
• receive a great rate – check out our current interest rates
• deposits are covered by the government guarantee1.
Easy steps to apply
A NetTerm is easy to arrange – follow these 4 simple steps to open an online term deposit today:
1. you must have QPCU Internet banking access to open a NetTerm account
2. log into QPCU Internet Banking
3. Under 'Accounts‘ select 'Open Term Deposit Account’
4. follow the prompts to set up your NetTerm account
a. provide your personal details
b. select the term deposit amount and term/maturity date
c. provide the amount you wish to deposit and select account details
d. confirm your details and submit the investment by entering your internet password
QPCU will then send you a NetTerm confirmation letter in the mail. On maturity your term deposit and interest will be deposited into the account you selected during set-up.
Download our General Information Terms and Conditions here
*Minimum deposit of $2,000 applies. Interest paid on maturity. Terms, conditions, fees and charges apply and are available by calling 13 77 28. 1. The Federal Government’s Financial Claims Scheme (FCS) protects depositors in the event that a financial institution becomes insolvent. The FCS is administered by the Australian Prudential Regulatory Authority, APRA. For further information on the FCS, including limits on the protection level, please visit the APRA website at www.apra.gov.au or phone the APRA hotline on 1300 13 10 60. You should read QPCU’s General Information, Terms and Conditions before making a decision to use this product.