A fixed-deposit style account for a specific goal — short, medium or long term.
Whether you're building a home, buying a car, planning a wedding or starting a business, the Target Account lets you save toward a specific goal over a set period. Withdraw before that period ends and you forfeit the interest earned.
3 months to 1 year, earning 7.5% PA. Renewable on withdrawal.
13 months to 5 years, earning 8% PA, compounding annually until maturity.
Over 5 years with no fixed maximum, earning 11.5% PA, compounding annually until maturity.
Tell us what you're saving for and we'll recommend the right combination of accounts.
Talk to an advisor