Term Deposit Help Hub

Learn more about the pros and cons of a long-term savings account versus a term deposit with Judo Bank today.

If you have not updated your Term Deposit with a nominated bank account (the external bank account your payments are directed to) or the details for your nominated bank account are incomplete, please log in to your Digital Banking and update your nominated account details. Unfortunately, we cannot pay out any money from your Judo Term Deposit until we have the details confirmed for your nominated account. If you are unable to update your nominated account details prior to your next payout date, any funds due to be paid out will roll into your Term Deposit or will be rolled into a new Term Deposit if the payment is due to occur at maturity.
For a step-by-step guide please click the link below.

If you have not updated your maturity instructions your account will currently be set to roll over into a new Term Deposit at maturity. If you are comfortable letting your deposit roll over into a new Term Deposit for the same term, then no action is required. However, if you would like to change these maturity instructions, including topping up your deposit or paying out some or all of your deposit, please update your maturity instructions prior to the date of maturity by logging in to your Digital Banking. For a step-by-step guide please click the link below.

If your Personal Judo Bank Term Deposit is due to mature soon and you have not provided your Tax File Number, withholding tax will be deducted from the gross amount of interest paid to you. To avoid being charged withholding tax, please update your tax details prior to your Personal Term Deposit maturing to avoid being charged withholding tax.

Learn more about SMSFs, term deposits, and SMSF term deposits before you invest. Differentiate between the three to help select the banking product that may suit you the best.

With rising numbers of online scammers illegally posing as trusted financial institutions, helping you keep your personal information with Judo safe and secure is important to us. We have advanced security measures in place to seek to ensure the security of our customer’s funds and personal information. But knowing what to look out for and what to do is your best first line of defence. Our Information Security Manager has put together a guide on how to protect yourself from online scams below.