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
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%
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%	—
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%
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%
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%
ME Bank Challenger	4.60%	4.90%	—	—	—	—	—	—
Bank of Melbourne Challenger	3.05%	3.10% mthly: 3.05%	3.40% mthly: 3.35%	3.95% mthly: 3.90%	—	3.50% mthly: 3.45%	2.90% mthly: 2.85%	2.90% mthly: 2.85%
ING Challenger	4.75%	5.05%	4.95%	5.20%	—	4.55%	—	—
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%
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%
RACQ Bank Challenger	4.90%	4.40%	3.75%	5.45%	—	3.30%	3.30%	3.30%
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%
AMP Bank Challenger	4.70%	5.05%	5.05%	5.20%	5.10%	5.15%	3.75%	3.65%
St George Bank Challenger	3.05%	3.10% mthly: 3.05%	3.40% mthly: 3.35%	3.95% mthly: 3.90%	—	3.50% mthly: 3.45%	2.90% mthly: 2.85%	2.90% mthly: 2.85%
BankSA Challenger	3.05%	3.10% mthly: 3.05%	3.40% mthly: 3.35%	3.95% mthly: 3.90%	—	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%	—	—
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%	—
Macquarie Bank Neo	4.80% mthly: 4.78%	5.05% mthly: 5.00%	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%
Bank Australia Credit union	4.70%	5.05% mthly: 4.95%	5.00%	5.35%	3.55%	4.80%	4.90%	—
BCU Bank Credit union	—	4.45% mthly: 4.35%	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%	4.75%	3.95%	5.00%	3.50%	3.40%	—	—
Newcastle Permanent Credit union	4.50% mthly: 4.40%	5.00% mthly: 4.90%	3.60% mthly: 3.50%	5.15% mthly: 5.05%	—	4.00% mthly: 3.90%	3.50% mthly: 3.40%	3.30% mthly: 3.20%
Beyond Bank Credit union	4.30%	4.65%	3.85%	5.00%	—	4.60%	3.65%	—
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%
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%
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%
Teachers Mutual Bank Credit union	4.45%	4.45%	4.55%	5.05%	4.05%	4.05%	4.05%	—
IMB Bank Credit union	4.00%	5.00%	—	5.20% mthly: 5.08%	—	4.50% mthly: 4.40%	4.50%	4.00%
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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