APS Savings > Term Investments

Term Investments

Feel confident knowing exactly how much your money will earn. Lock-in a competitive interest rate for a term that suits your financial goals.



Support and FAQs

Compare rates and terms

4.00% p.a.

24 month term

3.75% p.a.

12 month term

3.50% p.a.

6 month term


Enjoy fixed returns

Interest calculated daily and paid monthly for fixed term investments

No maintenance fees

Earn money without having to worry about fees

Earn bonus interest

Get a bonus 0.25% when you reinvest for a new term

Notice of withdrawal (NOW) accounts

A NOW account enables you to withdraw your money anytime you need it.
Just provide 31 days notice and your money is back in your hands.

This is a good option if you need immediate access to your money, but would still like a competitive rate of return. Manage your account online, with direct debit and the flexibility of not having a fixed term.

3.25% p.a.

31 Day Notice of Withdrawal

Your options at maturity

Approximately two weeks before the Investment matures, we will notify and inform you of the current terms and rates. You have two options:


If you choose to reinvest after 12 months, you will earn an additional bonus rate of 0.25% p.a. with your funds.

Full withdrawal

Withdraw all of your investment including the interest you’ve earned. Tell us where to send the money and it’s back in your hands.

“The friendliest and most efficient service you can get. They take the time to help you and guide you in setting up accounts and savings. Terrific rates for your saving and loans”
– Josip

“I feel very secure knowing that our savings are secure and earning very good interest. I would not hesitate to recommend this company to anybody. Thank you so much for all your help.” – Barbara

How it works

1. Apply online

Choose how much you’re going to invest and for how long. We’ll also ask you how often you want to receive your interest payments.

2. Earn interest

Receive interest payments monthly. Payments can be made into your bank account or automatically reinvested. 

3. Reinvest or withdraw funds

At the end of the term we’ll pay out the balance of your term investment or you may choose to reinvest the amount.

How Anthea and John saved for their first home — and how you could too.

Saving for a house deposit can take years of hard work but it isn’t impossible if you have the right plan in place. Jonathan and Anthea decided they were ready to knuckle down and save for their first home.

They struggled to find a bank that would offer them an interest rate more than 1% p.a. until a relative recommended APS benefits.

With their $26K investment, Jonathan and Anthea calculated their yearly interest earnings with a major bank to be $70 compared to $500 with an APS Savings account. It was a pretty easy decision from there!

Resources to get you started

APS Savings compare

How does APS Savings compare to the big banks?

term investment

Everything you need to know about term investments

Term investment NOW account

Is a term investment or NOW account right for you?


What are the fees associated with APS Savings accounts?

There are no fees associated with APS Savings accounts. As a not-for-profit cooperative, our priority is helping you to maximise your savings without having to worry about the fees!

Will my investment be secure?

Having commenced business in 1905 and being a nonprofit owned by 30,000 members and clients, we are a very conservative organisation. We use our depositors funds to fund residential property loans secured by first mortgage with a maximum loan to valuation ratio of 80 per cent. We do not fund property developments or commercial or retail property loans.

What are the minimum and maximum deposit amounts?
For APS Savings accounts, you can deposit anywhere between $10 and $10M. We cater for all types of investors.
What are the identification requirements?
If you are already an APS member, we do not require any identification requirements. However, if a partner or spouse, who is not a member and is a joint holder, they will need to be identified. For this process, we will need a valid driver’s licence or a birth certificate together with a recent utility account. These documents do not need to be certified.
What happens when my term investment reaches maturity?

Approximately two weeks before the Investment falls due, we will notify you of the upcoming maturity and inform you of the current terms and rates with the option to reinvest. If you choose to reinvest after 12 months, you will earn an additional bonus rate of 0.25% p.a. with your funds
then earning an attractive 4.25% p.a. interest rate.

How is interest calculated and paid?

Your Interest is calculated daily. For term investments, interest is paid monthly as directed by the member or it can be added to the principal each month. For our 31 Day Notice of Withdrawal (NOW) accounts, interest is added to the principal at the end of each calendar month, then earning an attractive 3.25% p.a. interest rate.

We’re here to help you

Reach us from 9:00am until 5:00pm weekdays


1300 131 809



Notices & downloads

Application form and Prospectus View
APS Savings Financial Report to 30 June 2021 (3.3MB) Open

Latest Quarterly Trustee Report



Important information

This is not a bank product, it is an unlisted deposit note. No independent assessment has been made about the risk to investors losing any of their principal investment. Applications for deposit notes can only be made on the Investment Application Form which accompanies the prospectus issued by APS Savings Ltd. Please read the prospectus carefully before deciding whether to make an investment.