Business term deposits
Lock in guaranteed returns with Tyro’s Business Term Deposit
Earn a fixed interest rate and grow your business savings with a Tyro Business Term Deposit 1.
Grow your savings faster
Competitive rates available exclusively for Tyro banking merchants.
Terms to fit your plans
Choose from 30, 60, 90, 180, and 365 day terms.
Security guaranteed
Deposits protected under Australian Financial Claims Scheme 2.
Online convenience
Open, manage and reinvest – all in the Tyro Bank App or Portal.
Benefits of a business term deposit
A business term deposit helps you grow your business savings with a guaranteed fixed interest rate, giving you certainty while your money works for you.
Guaranteed earnings
Put surplus business funds or savings to work and feel confident knowing how much you’ll earn on over the term. Invest from as little as $1,000 up to $1,000,000.
Choose a fixed term that suits you
Choose a term that aligns with your business cash flow and savings goals.
YOUR CHOICE OF TERMS AND RATES
Whether you’re planning for the short term, or thinking further ahead, choose the term that fits your business needs and enjoy the competitive interest rate that comes with it.
60 days
3.20% p.a
90 days
3.00% p.a
180 days
3.50% p.a
365 days
4.00% p.a
Rates are current as 8 September 2025 and subject to change and are exclusive for Tyro customers. Interest is paid at account maturity 3.
How to open a term deposit with Tyro
1
Download the Tyro Bank App
2
Click on the “Accounts” tab
3
Click “New”
4
Read and accept the Terms & Conditions
1
Log into Tyro Portal
2
Click on the “Products” tab
3
Find “Term Deposit” and click “Open now”
4
Read and accept the Terms & Conditions
Put your business savings to work
Lock in a guaranteed fixed interest rate with a Tyro Business Term Deposit and grow your savings with confidence.
More ways to grow your business
Discover how we go beyond EFTPOS terminals to bring more to your business.
Payments
Accept in-person and online payments with Tyro’s payment solutions.
Accounting
Automate bookkeeping with Tyro’s business accounting software.
POS partners
Tyro integrates with over 450+ POS/PMS systems. See if we integrate with yours today.
Frequently asked questions
To open a Tyro Business Term Deposit, you will need an active Tyro Transaction Account.
You can invest a minimum principal amount of $1,000 AUD per term deposit account.
You can invest a maximum principal amount of $1,000,000 AUD per term deposit account.
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