Bank Australia
Credit unionBank Australia offers term deposits from 3-month to 3-year. Its highest current rate is 5.40% p.a. for a 1-year term, with interest paid at maturity and a $500 minimum deposit. Compare Bank Australia's current rates with the highest term deposit rates in Australia to see whether it is competitive right now.
Best available rate
1-year term · At maturity · Min. $500
This is one of Bank Australia's strongest current rates, but higher rates may be available across other lenders or terms.
Current Rates
Compare Bank Australia against all current term deposit rates or browse by term: 3-month, 6-month, 1-year, 18-month, 2-year, 3-year.
| Term | Rate p.a. | Interest paid | Min deposit | Since | |
|---|---|---|---|---|---|
| 3mo | Quarterly | $500 | 20 May 2026 | ||
| See all 3-month rates → | |||||
| 6mo | Semi-annually | $500 | 20 May 2026 | ||
| 5.10% | Monthly | $500 | 20 May 2026 | ||
| See all 6-month rates → | |||||
| 1yr | At maturity | $500 | 1 Jul 2026 | ||
| See all 1-year rates → | |||||
| 18mo | 3.55% | At maturity | $500 | 6 Jul 2026 | |
| See all 18-month rates → | |||||
| 2yr | At maturity | $500 | 12 May 2026 | ||
| See all 2-year rates → | |||||
| 3yr | At maturity | $500 | 12 May 2026 | ||
| See all 3-year rates → | |||||
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Bank Australia term deposit FAQs
What is Bank Australia's best term deposit rate? ▾
Bank Australia's best current term deposit rate is 5.40% p.a. for a 1-year term, with interest paid at maturity. Compare this with all Australian banks →
What is Bank Australia's best 12-month term deposit rate? ▾
Bank Australia's best current 12-month term deposit rate is 5.40% p.a., with interest paid at maturity. Compare 12-month rates across all banks →
What is the minimum deposit for a Bank Australia term deposit? ▾
The lowest minimum deposit currently available for a Bank Australia term deposit is $500. Minimum deposits can vary by term length — check the rates table above for details.
Are Bank Australia's term deposit rates competitive right now? ▾
Bank Australia's best current rate is 5.40% p.a. for a 1-year term. Compare this against the current leaders to see where it sits in the market: See the best term deposit rates in Australia →