Yes you can, there are five options available to you:

1)  Do not reinvest/withdraw

When your TD matures, the principal and net interest are credited to your Transaction Account.

2)  Reinvest principal only

When your TD matures, the principal is reinvested in the same TD (bank, term and interest rate available at that time) and the net interest is credited to your Transaction Account.

3)  Reinvest principal and interest

When your TD matures, the principal and net interest is reinvested in the same TD (bank, term and interest rate available at that time).

4)  Reinvest principal, withdraw interest

When your TD matures, the principal is reinvested in the same TD (bank, term and interest rate available at that time) and the net interest is credited directly to your Nominated Bank Account ie it leaves your InvestNow account, the same as if you had raised a withdrawl instruction.

5)  Withdraw interest only

When your TD matures, the principal is credited to your Transaction Account and the net interest is credited directly to your Nominated Bank Account ie it leaves your InvestNow account, the same as if you had raised a withdrawl instruction.

You will receive a notifcation a few days before your TD is due to mature, at which point you can change your rollover preference (note – you can change the rollover option up to the day before your term deposit matures).