Bank Australia — Rate History

See Bank Australia's term deposit rate history and current term options. As of July 2026, Bank Australia's strongest current rates are on longer-term deposits, with up to 5.40% p.a. on a 1yr term. Shorter terms currently reach 5.20% p.a. for 6mo. Compare all current term deposit rates to see how Bank Australia compares with other Australian banks today.

3mo term

Rate p.a.	Interest paid	Min deposit	Valid from	Valid to
5.00% Current	Quarterly	$500	20 May 2026	—

6mo term

Rate p.a.	Interest paid	Min deposit	Valid from	Valid to
5.10% Current	Monthly	$500	20 May 2026	—
5.20% Current	Semi-annually	$500	20 May 2026	—

1yr term

Rate p.a.	Interest paid	Min deposit	Valid from	Valid to
5.40% Current	At maturity	$500	1 Jul 2026	—
5.45%	At maturity	$500	25 Jun 2026	1 Jul 2026
5.35%	At maturity	$500	12 May 2026	25 Jun 2026

18mo term

Rate p.a.	Interest paid	Min deposit	Valid from	Valid to
3.55% Current	At maturity	$500	6 Jul 2026	—
3.55%	At maturity	$500	29 Jun 2026	6 Jul 2026
3.55%	At maturity	$500	27 Jun 2026	29 Jun 2026
3.55%	At maturity	$500	24 Jun 2026	26 Jun 2026

2yr term

Rate p.a.	Interest paid	Min deposit	Valid from	Valid to
5.20% Current	At maturity	$500	12 May 2026	—

3yr term

Rate p.a.	Interest paid	Min deposit	Valid from	Valid to
5.10% Current	At maturity	$500	12 May 2026	—