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 maturity1.
Your money is protected
Rest assured that your money is protected with the extra security of the Australian Financial Claims Scheme2.
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.