Australian Term Deposit Rates

Compare term deposit rates from a wide range of Australian banks and financial institutions.

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Short Term (<= 6 months)

Bank Term
Australian Military Bank 3 Months 4.30% p.a.
Australian Military Bank 4 Months 4.55% p.a.
Australian Military Bank 5 Months 4.55% p.a.
Australian Military Bank 6 Months 4.40% p.a.
Bank of Queensland 1 Month 0.75% p.a.
Bank of Queensland 2 Months 0.80% p.a.
Bank of Queensland 3 Months 2.25% p.a.
Bank of Queensland 4 Months 3.90% p.a.
Bank of Queensland 5 Months 1.25% p.a.
Bank of Queensland 6 Months 4.00% p.a.
Bank of Queensland Less than 1 Month 0.28% p.a.
Bank of us 1 Month 2.00% p.a.
Bank of us 2 Months 2.00% p.a.
Bank of us 3 Months 4.00% p.a.
Bank of us 4 Months 4.15% p.a.
Bank of us 5 Months 4.00% p.a.
Bank of us 6 Months 4.25% p.a.
Bankwest 1 Month 3.15% p.a.
Bankwest 2 Months 3.25% p.a.
Bankwest 3 Months 3.35% p.a.
Bankwest 4 Months 3.45% p.a.
Bankwest 5 Months 3.55% p.a.
Bankwest 6 Months 3.95% p.a.
Beyond Bank 3 Months 3.85% p.a.
CommBank 3 months 3.00% p.a.
CommBank 6 months 3.15% p.a.
Community First Bank 3 Months 4.10% p.a.
Community First Bank 6 Months 4.05% p.a.
First Option Bank 3 Months 4.00% p.a.
First Option Bank 6 Months 4.15% p.a.
Gateway Bank (Australia) 3 Months 4.70% p.a.
Gateway Bank (Australia) 6 Months 4.70% p.a.
Heartland Bank 3 month term 4.15% p.a.
Heartland Bank 6 month term 4.45% p.a.
IMB Bank 1 - 3 Months 1.00 % p.a.
IMB Bank 3 - 6 Months 1.20 % p.a.
IMB Bank 3 Month Special 2 4.00 % p.a.
IMB Bank 6 - 9 Months 1.95 % p.a.
IMB Bank 6 Month Special 2 4.20 % p.a.
ME Bank 3 month 4.00% p.a.
ME Bank 4 month 4.15% p.a.
ME Bank 6 month 4.25% p.a.
MOVE Bank 3 Months 4.15% p.a.
MOVE Bank 4 Months 4.15% p.a.
MOVE Bank 5 Months 4.20% p.a.
MOVE Bank 6 Months 4.35% p.a.
Macquarie Bank 1 Month 2.10% p.a.
Macquarie Bank 2 Months 2.10% p.a.
Macquarie Bank 3 Months 4.20% p.a.
Macquarie Bank 4 Months 4.20% p.a.
Macquarie Bank 6 Months 4.40% p.a.
NAB 4 months 3.00% p.a.
NAB 5 months 3.00% p.a.
NAB 6 months 3.15% p.a.
P&N Bank 2 months 1.60% p.a.
P&N Bank 3 months 4.30% p.a.
P&N Bank 4  months 4.30% p.a.
P&N Bank 5 months 4.05% p.a.
P&N Bank 6 months 4.35% p.a.
RACQ Bank 1 month 0.55% p.a.
RACQ Bank 2 month 1.60% p.a.
RACQ Bank 3 month 4.00% p.a.
RACQ Bank 4 month 3.50% p.a.
RACQ Bank 5 month 3.50% p.a.
RACQ Bank 6 month 4.25% p.a.
Rabobank 1 month 2.10% p.a.
Rabobank 3 months 4.20% p.a.
Rabobank 6 months 4.35% p.a.
Regional Australia Bank 3 months (Amounts from $1,000 to $500,000) 2.95% p.a.
Regional Australia Bank 4 months (Amounts from $1,000 to $500,000) 4.05% p.a.
Regional Australia Bank 6 months (Amounts from $1,000 to $500,000) 3.95% p.a.
Suncorp Bank 1 Month ($1,000,000-$2,000,000) 1.35% p.a.
Suncorp Bank 1 Month ($100,000-$999,999) 1.30% p.a.
Suncorp Bank 1 Month ($5,000-$99,999) 1.25% p.a.
Suncorp Bank 2 Months ($1,000,000-$2,000,000) 2.05% p.a.
Suncorp Bank 2 Months ($100,000-$999,999) 2.00% p.a.
Suncorp Bank 2 Months ($5,000-$99,999) 1.95% p.a.
Suncorp Bank 3 Months ($1,000,000-$2,000,000) 4.05% p.a.
Suncorp Bank 3 Months ($100,000-$999,999) 4.05% p.a.
Suncorp Bank 3 Months ($5,000-$99,999) 4.05% p.a.
Suncorp Bank 4 Months ($1,000,000-$2,000,000) 3.60% p.a.
Suncorp Bank 4 Months ($100,000-$999,999) 3.55% p.a.
Suncorp Bank 4 Months ($5,000-$99,999) 3.50% p.a.
Suncorp Bank 5 Months ($1,000,000-$2,000,000) 3.60% p.a.
Suncorp Bank 5 Months ($100,000-$999,999) 3.55% p.a.
Suncorp Bank 5 Months ($5,000-$99,999) 3.50% p.a.
Suncorp Bank 6 Months ($1,000,000-$2,000,000) 4.30% p.a.
Suncorp Bank 6 Months ($100,000-$999,999) 4.30% p.a.
Suncorp Bank 6 Months ($5,000-$99,999) 4.30% p.a.
Teachers Mutual Bank 6 months 4.25% p.a.
UniBank (Australia) 3 months 4.15% pa p.a.
UniBank (Australia) 6 months 4.25% pa p.a.
Unity Bank (Australia) 1 Month 2.10% p.a.
Unity Bank (Australia) 3 Months 3.90% p.a.
Unity Bank (Australia) 6 Months 3.40% p.a.
Westpac 3 months 2.75% p.a.
Westpac 6 months 3.00% p.a.

Medium Term (> 6 months & <= 12 months)

Bank Term
ANZ 8 Months 4.25% p.a.
Australian Military Bank 10 to 11 Months 4.70% p.a.
Australian Military Bank 12 Months 4.55% p.a.
Australian Military Bank 7 to 8 Months 4.45% p.a.
Australian Military Bank 9 Months 4.70% p.a.
Bank of Queensland 10 Months 1.75% p.a.
Bank of Queensland 11 Months 1.75% p.a.
Bank of Queensland 12 to 23 Months 4.05% p.a.
Bank of Queensland 7 Months 3.90% p.a.
Bank of Queensland 8 Months 3.80% p.a.
Bank of Queensland 9 Months 3.85% p.a.
Bank of us 10 Months 3.90% p.a.
Bank of us 11 Months 3.90% p.a.
Bank of us 12 Months (interest paid 6 monthly) 3.95% p.a.
Bank of us 12 Months (interest paid monthly) 3.90% p.a.
Bank of us 12 months 4.00% p.a.
Bank of us 7 Months 4.00% p.a.
Bank of us 8 Months 3.90% p.a.
Bank of us 9 Months 4.20% p.a.
Bankwest 10 Months 3.95% p.a.
Bankwest 11 Months 3.95% p.a.
Bankwest 12 Months 4.15% p.a.
Bankwest 7 Months 3.95% p.a.
Bankwest 8 Months 3.95% p.a.
Bankwest 9 Months 3.95% p.a.
Bendigo Bank 12 months 3.60% p.a.
Bendigo Bank 7 months 3.80% p.a.
CommBank 12 months 3.80% p.a.
CommBank 12-month term offer 4.25% p.a.
Community First Bank 12 Months 4.10% p.a.
First Option Bank 12 Months 4.15% p.a.
First Option Bank 9 Months 4.35% p.a.
Gateway Bank (Australia) 12 Months 4.70% p.a.
Gateway Bank (Australia) 9 Months 4.70% p.a.
Heartland Bank 12 month term 4.50% p.a.
Heartland Bank 12 month term (Interest paid monthly) 4.35% p.a.
Heartland Bank 9 month term 4.47% p.a.
IMB Bank 12 - 24 Months 1.95 % p.a.
IMB Bank 12 Month Special 4.12 % p.a.
IMB Bank 12 Month Special 2 4.20 % p.a.
IMB Bank 12 Months 1.90 % p.a.
IMB Bank 9 - 12 Months 1.95 % p.a.
Judo Bank 1 year term 4.55% p.a.
ME Bank 12 month 4.30% p.a.
ME Bank 7 month 4.25% p.a.
ME Bank 9 month 4.25% p.a.
MOVE Bank 1 Year 5.29% p.a. 2
MOVE Bank 1 year 5.49% p.a. 3
MOVE Bank 10 Months 4.30% p.a.
MOVE Bank 11 Months 4.30% p.a.
MOVE Bank 12 Months 4.35% p.a.
MOVE Bank 7 Months 4.30% p.a.
MOVE Bank 8 Months 4.30% p.a.
MOVE Bank 9 Months 4.40% p.a.
Macquarie Bank 1 Year 4.40% p.a.
Macquarie Bank 9 Months 4.40% p.a.
NAB 10 months 3.35% p.a.
NAB 11 months 3.40% p.a.
NAB 12 months 4.25% p.a.
NAB 7 months 3.20% p.a.
NAB 8 months 3.20% p.a.
NAB 9 months 3.30% p.a.
Newcastle Permanent 1 year 4.15% p.a.
P&N Bank 10 months 3.60% p.a.
P&N Bank 11 months 3.70% p.a.
P&N Bank 12 - 35 months 3.95% p.a.
P&N Bank 12 months 4.25% p.a.
P&N Bank 7 months 3.70% p.a.
P&N Bank 8 months 3.70% p.a.
P&N Bank 9 months 3.80% p.a.
RACQ Bank 1 year 3.75% p.a.
RACQ Bank 10 month 3.50% p.a.
RACQ Bank 11 month 3.50% p.a.
RACQ Bank 7 month 3.50% p.a.
RACQ Bank 8 month 3.50% p.a.
RACQ Bank 9 month 3.75% p.a.
Rabobank 1 year 4.45% p.a.
Rabobank 9 months 4.30% p.a.
Regional Australia Bank 12 months (Amounts $1,000 to $500,000) 3.80% p.a.
Regional Australia Bank 9 months (Amounts $1,000 to $500,000) 3.60% p.a.
Suncorp Bank 10 Months ($1,000,000-$2,000,000) 3.60% p.a.
Suncorp Bank 10 Months ($100,000-$999,999) 3.55% p.a.
Suncorp Bank 10 Months ($5,000-$99,999) 3.50% p.a.
Suncorp Bank 11 Months ($1,000,000-$2,000,000) 3.60% p.a.
Suncorp Bank 11 Months ($100,000-$999,999) 3.55% p.a.
Suncorp Bank 11 Months ($5,000-$99,999) 3.50% p.a.
Suncorp Bank 12 Months ($1,000,000-$2,000,000) 4.35% p.a.
Suncorp Bank 12 Months ($100,000-$999,999) 4.35% p.a.
Suncorp Bank 12 Months ($5,000-$99,999) 4.35% p.a.
Suncorp Bank 7 Months ($1,000,000-$2,000,000) 3.60% p.a.
Suncorp Bank 7 Months ($100,000-$999,999) 3.55% p.a.
Suncorp Bank 7 Months ($5,000-$99,999) 3.50% p.a.
Suncorp Bank 8 Months ($1,000,000-$2,000,000) 3.60% p.a.
Suncorp Bank 8 Months ($100,000-$999,999) 3.55% p.a.
Suncorp Bank 8 Months ($5,000-$99,999) 3.50% p.a.
Suncorp Bank 9 Months ($1,000,000-$2,000,000) 3.75% p.a.
Suncorp Bank 9 Months ($100,000-$999,999) 3.70% p.a.
Suncorp Bank 9 Months ($5,000-$99,999) 3.65% p.a.
UniBank (Australia) 12 months 4.25% pa p.a.
UniBank (Australia) 9 months 4.10% pa p.a.
Unity Bank (Australia) 12 Months 3.40% p.a.
Unity Bank (Australia) 9 Months 3.40% p.a.
Westpac 12 months 3.65% p.a.

Long Term (> 1 year & <= 5 years)

Bank Term
Australian Military Bank 13 to 15 Months 3.55% p.a.
Australian Military Bank 16 to 23 Months 3.55% p.a.
Australian Military Bank 24 to 36 Months 3.55% p.a.
Bank of Queensland 24 to 35 Months 3.00% p.a.
Bank of Queensland 36 to 47 Months 3.00% p.a.
Bank of Queensland 48 to 59 Months 3.00% p.a.
Bank of us 13 - 17 Months 3.90% p.a.
Bank of us 13 - 17 Months (interest paid 6 monthly) 3.85% p.a.
Bank of us 18 - 23 Months 3.85% p.a.
Bank of us 18-23 Months (interest paid 6 monthly) 3.75% p.a.
Bank of us 24 Months 3.85% p.a.
Bank of us 24 Months (interest paid monthly) 3.60% p.a.
Bank of us 24 months (interest paid 6 monthly) 3.70% p.a.
Bank of us 24 months (interest paid annually) 3.75% p.a.
Bank of us 36 Months 3.70% p.a.
Bank of us 36 months (interest paid 6 monthly) 3.55% p.a.
Bank of us 36 months (interest paid annually) 3.60% p.a.
Bankwest 13 Months 4.15% p.a.
Bankwest 18 Months 4.15% p.a.
Bankwest 24 Months 4.00% p.a.
Bankwest 36 Months 3.95% p.a.
Bankwest 48 Months 3.85% p.a.
Bankwest 60 Months 3.85% p.a.
CommBank 24 - 33 months 4.20% p.a.
CommBank 60 months 3.50% p.a.
Community First Bank 2 Years 3.40% p.a.
Community First Bank 3 Years 3.25% p.a.
First Option Bank 24 Months 4.00% p.a.
Gateway Bank (Australia) 18 Months 4.50% p.a.
Gateway Bank (Australia) 2 Years 4.30% p.a.
Gateway Bank (Australia) 3 Years 4.00% p.a.
Gateway Bank (Australia) 4 Years 4.00% p.a.
Gateway Bank (Australia) 5 Years 4.00% p.a.
Heartland Bank 24 month term 3.75% p.a.
Heartland Bank 24 month term (Interest paid monthly) 3.55% p.a.
Heartland Bank 36 month term 3.60% p.a.
Heartland Bank 36 month term (Interest paid monthly) 3.35% p.a.
Heartland Bank 48 month term 3.40% p.a.
Heartland Bank 48 month term (Interest paid monthly) 3.05% p.a.
Heartland Bank 60 month term 3.40% p.a.
Heartland Bank 60 month term (Interest paid monthly) 2.95% p.a.
IMB Bank 24 - 36 Months 1.95 % p.a.
IMB Bank 24 Month Special 3.54 % p.a.
IMB Bank 36 - 48 Months 1.95 % p.a.
IMB Bank 36 Month Special 3.75 % p.a.
IMB Bank 48 - 60 Months 1.95 % p.a.
IMB Bank 48 Month Special 4.00 % p.a.
IMB Bank 60 Month Special 4.00 % p.a.
IMB Bank 60 Months 1.95 % p.a.
MOVE Bank 13 to 14 Months 4.20% p.a.
MOVE Bank 15 to 23 Months 4.20% p.a.
MOVE Bank 2 Year 5.14% p.a. 2
MOVE Bank 2 year 5.34% p.a. 3
MOVE Bank 24 Months 4.20% p.a.
MOVE Bank 3 Years 5.19% p.a. 2
MOVE Bank 3 year 5.39% p.a. 3
MOVE Bank 5 Years 5.44% p.a. 2
MOVE Bank 5 year 5.64% p.a. 3
Macquarie Bank 2 Years 3.60% p.a.
Macquarie Bank 3 Years 3.65% p.a.
Macquarie Bank 4 Years 3.80% p.a.
Macquarie Bank 5 Years 3.80% p.a.
Newcastle Permanent 2 years 3.30% p.a.
Newcastle Permanent 3 years 3.50% p.a.
Newcastle Permanent 4 years 3.30% p.a.
Newcastle Permanent 5 years 3.30% p.a.
P&N Bank 36 - 60 months 3.35% p.a.
RACQ Bank 2 year 3.30% p.a.
RACQ Bank 3 year 3.30% p.a.
RACQ Bank 4 year 3.30% p.a.
RACQ Bank 5 year 3.30% p.a.
Rabobank 2 years 4.20% p.a.
Rabobank 3 years 4.30% p.a.
Rabobank 4 years 4.55% p.a.
Rabobank 5 years 4.70% p.a.
Regional Australia Bank 18 months (Amounts $1,000 to $500,000) 3.65% p.a.
Regional Australia Bank 24 months (Amounts $1,000 to $500,000) 3.55% p.a.
Regional Australia Bank 36 months (Amounts $1,000 to $500,000) 3.50% p.a.
Regional Australia Bank 48 months (Amounts $1,000 to $500,000) 3.40% p.a.
Regional Australia Bank 60 months (Amounts $1,000 to $500,000) 3.45% p.a.
Suncorp Bank 18 Months ($1,000,000-$2,000,000) 4.35% p.a.
Suncorp Bank 18 Months ($100,000-$999,999) 4.35% p.a.
Suncorp Bank 18 Months ($5,000-$99,999) 4.35% p.a.
Suncorp Bank 24 Months ($1,000,000-$2,000,000) 3.85% p.a.
Suncorp Bank 24 Months ($100,000-$999,999) 3.80% p.a.
Suncorp Bank 24 Months ($5,000-$99,999) 3.75% p.a.
Suncorp Bank 36 Months ($1,000,000-$2,000,000) 3.35% p.a.
Suncorp Bank 36 Months ($100,000-$999,999) 3.30% p.a.
Suncorp Bank 36 Months ($5,000-$99,999) 3.25% p.a.
Suncorp Bank 48 Months ($1,000,000-$2,000,000) 3.35% p.a.
Suncorp Bank 48 Months ($100,000-$999,999) 3.30% p.a.
Suncorp Bank 48 Months ($5,000-$99,999) 3.25% p.a.
Suncorp Bank 60 Months ($1,000,000-$2,000,000) 3.35% p.a.
Suncorp Bank 60 Months ($100,000-$999,999) 3.30% p.a.
Suncorp Bank 60 Months ($5,000-$99,999) 3.25% p.a.
UniBank (Australia) 18 months 3.75% pa p.a.
UniBank (Australia) 24 months 3.75% pa p.a.
UniBank (Australia) 36 months 3.75% pa p.a.
Unity Bank (Australia) 18 Months 3.40% p.a.
Unity Bank (Australia) 24 Months 3.40% p.a.
Unity Bank (Australia) 36 Months 3.40% p.a.
Unity Bank (Australia) 48 Months 3.40% p.a.
Unity Bank (Australia) 60 Months 3.40% p.a.

Extra Long Term (> 5 years)

Bank Term

Latest AI Summary

Generated 2026-01-23 03:14:15.114681+00:00 · Snapshot date 20260123

Here is the comparison of the term deposit datasets.

Rate Increases

  • Australian Military Bank: Significant increases across short-to-medium terms, including 3 Months (+1.15%), 9 Months (+0.85%), and 12 Months (+0.70%).
  • Rabobank: Broad and substantial increases across the entire curve, from 3 Months (+0.20%) to 5 Years (+0.55%), with a notable rise in the 3 Year term (+0.75%).
  • Suncorp Bank: Major increase for the 12 Months term (+0.85%) and solid increases for 6 Months (+0.15%) and 18 Months (+0.35%).
  • Macquarie Bank: Strong increases in medium terms, including 1 Year (+0.70%), 9 Months (+0.60%), and 6 Months (+0.55%).
  • Judo Bank: Increased its 1 Year term rate (+0.65%).
  • P&N Bank: Large increases across multiple terms, especially 5 Months (+1.05%), 6 Months (+0.55%), and 12 Months (+0.55%).
  • ANZ: Increased its 8 Month term rate (+0.45%).
  • Bankwest: Raised rates on medium-to-long terms, including 24 Months (+0.50%) and 12 Months (+0.45%).
  • Newcastle Permanent: Increased rates for its ~12 Month term (+0.45%) and ~6 Month term (+0.10%).
  • IMB Bank: Raised rates on its special offers for 12 Months (+0.40%) and 6 Months (+0.30%).
  • Regional Australia Bank: Lifted rates by a uniform +0.30% across multiple longer terms (12, 18, 24, and 36 Months).
  • RACQ Bank: Increased its 6 Month term rate (+0.30%).
  • Heartland Bank: Lifted rates for 9 Months (+0.25%) and 12 Months (+0.25%).
  • MOVE Bank: Increased rates for 9 Months (+0.25%) and 12 Months (+0.30%).
  • NAB: Increased rates for several terms, including 3 Months (+0.25%) and 12 Months (+0.25%).
  • Bank of us: Lifted rates on several terms, including 9 Months (+0.25%) and 6 Months (+0.20%).
  • ME Bank: Increased its 6 Month term rate (+0.15%).

Rate Decreases

  • Unity Bank (Australia): Significant decreases across most terms, including 6 Months (-0.65%), 9 Months (-0.55%), and 12 Months (-0.45%).
  • Bankwest: Decreased its 3 Month term rate (-0.40%).
  • NAB: Decreased its 6 Month term rate (-0.25%).
  • Bank of us: Minor decrease on its 3 Month term (-0.10%).

Macro Signals

  • Widespread Upward Trend: The overwhelming majority of banks have increased term deposit rates, indicating a sector-wide response to funding conditions rather than isolated institutional needs.
  • Aggressive Competition for Funding: The magnitude of the increases, with many exceeding 50 basis points, points to heightened competition among banks to attract and lock in retail deposits. This is particularly evident in the 6-month to 2-year range.
  • Expectations of Higher Funding Costs: The broad-based nature of the rate hikes suggests banks may be anticipating higher wholesale funding costs or a more restrictive monetary policy environment, consistent with strong employment data. They are acting preemptively to secure their funding base.
  • Yield Curve Flattening/Inversion: Several banks (e.g., Rabobank, Macquarie, P&N Bank) are now offering higher or comparable rates for shorter terms (6-12 months) than for longer terms (2-3 years), suggesting an expectation that interest rates may be near their peak for this cycle. Unity Bank's significant cuts are a notable outlier to the general market trend.

Important Disclaimer

The term deposit data presented here is collected with the assistance of AI and is updated on a monthly basis. This data may contain errors or omissions. Market conditions can change rapidly, and no guarantee is provided that the rates shown reflect the most current offerings.

This dashboard is provided strictly for informational and educational purposes. It does not constitute financial, investment, legal, or tax advice, nor should it be interpreted as an offer or solicitation to buy or sell any financial product. You remain solely responsible for your own investment decisions and for seeking independent professional guidance tailored to your personal circumstances.

Always verify the information by visiting the bank's official term deposit page for the most accurate and up-to-date rates and terms before making any financial decisions. By continuing to use this application you acknowledge and accept these limitations.

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