Australian Term Deposit Rates

Compare the best term deposit rates from 30 Australian banks. Updated daily.

Compare the Best Term Deposit Rates

See the highest ongoing rates across Australian term deposits.

Rate Comparison

My deposit:

3mo 6mo 9mo 1yr 18mo 2yr 3yr 5yr

Lender	3mo	6mo	9mo	1yr	18mo	2yr	3yr	5yr
ANZ Big4	3.25% mthly: 3.24%	3.30% mthly: 3.28%	3.50% mthly: 3.46%	5.00% mthly: 4.89%	4.00% mthly: 3.93%	4.85% mthly: 4.75%	4.60% mthly: 4.51%	—
Westpac Big4	3.05% mthly: 3.00%	3.10% mthly: 3.05%	3.40% mthly: 3.35%	3.95% mthly: 3.90%	3.95% mthly: 3.90%	3.50% mthly: 3.45%	2.90% mthly: 2.85%	2.90% mthly: 2.85%
Commonwealth Bank Big4	3.35% mthly: 3.30%	3.50% mthly: 3.45%	3.65% mthly: 3.60%	4.70% mthly: 4.60%	4.55% mthly: 4.45%	5.00% mthly: 4.90%	4.60% mthly: 4.50%	4.00% mthly: 3.90%
NAB Big4	3.35%	3.50%	3.70%	5.10% mthly: 5.00%	5.10% mthly: 5.00%	5.00% mthly: 4.90%	2.90% mthly: 2.85%	2.90% mthly: 2.85%
St George Bank Challenger	3.05%	3.10% mthly: 3.05%	3.40% mthly: 3.35%	5.10%	—	5.20%	2.90% mthly: 2.85%	2.90% mthly: 2.85%
Judo Bank Challenger	4.50% mthly: 4.40%	5.00% mthly: 4.90%	4.95% mthly: 4.85%	5.35% mthly: 5.25%	—	5.40% mthly: 5.30%	5.40% mthly: 5.30%	5.50% mthly: 5.40%
Rabobank Challenger	4.90%	5.15%	5.20%	5.35% mthly: 5.20%	3.65% mthly: 3.55%	5.20% mthly: 5.05%	5.30% mthly: 5.15%	Best 5.70% mthly: 5.55%
ME Bank Challenger	4.60%	4.90%	—	—	—	—	—	—
Bankwest Challenger	4.40%	4.00%	4.00%	5.00% mthly: 4.89%	—	4.00% mthly: 3.93%	4.00% mthly: 3.93%	4.00% mthly: 3.93%
RACQ Bank Challenger	4.90%	4.40%	3.75%	5.45%	—	3.30%	3.30%	3.30%
AMP Bank Challenger	4.70%	5.05%	5.05%	5.20%	5.10%	5.15%	3.75%	3.65%
Bendigo Bank Challenger	2.80%	3.25% mthly: 3.20%	3.20%	4.70% mthly: 4.65%	—	3.85%	3.85%	3.85%
Bank of Melbourne Challenger	3.05%	3.10% mthly: 3.05%	3.40% mthly: 3.35%	5.10%	—	3.50% mthly: 3.45%	2.90% mthly: 2.85%	2.90% mthly: 2.85%
Heartland Bank Challenger	Best 5.05%	Best 5.55%	Best 5.55%	Best 5.65%	—	Best 5.45% mthly: 5.25%	Best 5.45% mthly: 5.20%	5.45% mthly: 5.00%
Suncorp Bank Challenger	3.80%	5.00%	4.05%	5.10%	Best 5.15%	5.25%	5.00%	5.00%
ING Challenger	4.80%	5.05%	4.95%	5.20%	—	5.00%	—	—
BankSA Challenger	3.05%	3.10% mthly: 3.05%	3.40% mthly: 3.35%	5.10%	—	3.50% mthly: 3.45%	2.90% mthly: 2.85%	2.90% mthly: 2.85%
UBank Neo	3.55%	3.90%	—	4.85%	—	4.80%	—	—
Macquarie Bank Neo	4.80% mthly: 4.78%	5.00% mthly: 4.95%	5.10% mthly: 5.02%	5.25% mthly: 5.13%	—	3.60% mthly: 3.54%	3.65% mthly: 3.59%	3.80% mthly: 3.74%
BOQ Neo	4.55% mthly: 4.45%	4.85% mthly: 4.75%	5.00% mthly: 4.90%	5.10% mthly: 5.00%	—	2.00% mthly: 1.90%	2.00% mthly: 1.90%	—
BCU Bank Credit union	4.00%	4.45%	3.85%	5.00%	—	3.45%	3.35%	—
Defence Bank Credit union	3.85%	4.25%	4.25%	4.70%	—	5.00%	—	—
Southern Cross CU Credit union	4.00%	mthly 4.75%	mthly 3.95%	mthly 5.00%	3.50%	3.40%	—	—
Greater Bank Credit union	4.50%	5.00% mthly: 4.90%	3.60%	5.15%	3.00% mthly: 2.90%	4.00% mthly: 3.90%	3.50% mthly: 3.40%	3.30% mthly: 3.20%
Bank Australia Credit union	4.70%	5.05% mthly: 4.95%	5.00%	5.35%	3.55%	4.80%	4.90%	—
IMB Bank Credit union	4.00%	4.80%	—	5.10% mthly: 4.98%	—	4.50% mthly: 4.40%	4.50%	4.00%
Teachers Mutual Bank Credit union	4.45%	4.45%	4.55%	5.05%	4.05%	4.05%	4.05%	—
People's Choice Credit union	4.00% mthly: 3.90%	5.00% mthly: 4.90%	5.10%	5.25% mthly: 5.15%	—	4.75% mthly: 4.65%	4.75% mthly: 4.65%	4.75% mthly: 4.65%
Beyond Bank Credit union	4.30%	4.65%	3.85%	5.00%	—	4.60%	3.65%	—
Great Southern Bank Credit union	4.80% mthly: 4.70%	4.55% mthly: 4.45%	4.65%	5.35% mthly: 5.25%	3.30% mthly: 3.20%	4.35% mthly: 4.25%	5.25% mthly: 5.15%	5.60% mthly: 5.50%
No lenders accept deposits under that amount.

Rates shown are p.a. (per annum). Best available rate per term per lender. Minimum deposit requirements vary. View all lenders. Best rates guide.

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