How do I deposit funds into the account?

The default option to fund your TermPlus account is a one-time direct debit from the bank details supplied during your application and will only be debited once your application is successfully processed. You cannot add funds to an account once it has been opened. If you wish to deposit more funds to invest, you will need to open a new term account from your dashboard with a minimum deposit amount of $2,000. To open a new account select "New account" from the dashboard. Follow the prompts to open a new account. There is no limit to the number of term accounts you can open.

If you are experiencing any issues with the direct debit please check that the account details you have supplied allow direct debits, and that you have sufficient funds in the account.

The other way to fund your account is via a manual EFT payment. If you choose this option in your application we will send you an email with a BSB, account number and payment reference so you can manually transfer funds to us. Please note that this option needs to be selected if you would like to transfer funds otherwise the default will be a one-time direct debit.