Here’s a list of the latest term-deposit rates so you can stay on top of the best deals around town. Our comparison table is independent of any advertisers to make sure you get the right information.
Rates are current as of 4 December 2018 for deposits of $50,000 or more. Interest paid on maturity (up to 12 months) or annually for more than one year. Click on the relevant institution for more information.
| MAJOR BANKS | |||||||
| ANZ [1] | 3.49% | 4.07% | 4.75% | 4.41% | 3.93% | 3.93% | |
| Commonwealth [2] | 3.50% | 3.75% | 4.25% | 4.00% | 4.00% | 4.00% | |
| NAB [3] | 3.50% | 4.00% | 4.85% | 4.00% | 4.00% | 4.00% | |
| Westpac | 3.50% | 3.75% | 4.25% | 4.25% | 4.00% | 4.00% | |
| REGIONALS | |||||||
| ME Bank [4] | 2.20%^ | 3.05%^ | 5.00% | 4.25% | 4.25% | 3.45% | ^ 4 months ^ 7 months |
| Bank of Queensland [5] | 2.25% | 4.80% | 5.00% | 4.20% | 3.30% | 3.30%^ | ^ 48 less than 60 |
| BankWest [6] | 1.50% | 4.00% | 4.75% | 4.00% | 4.00% | 4.00% | |
| Bank of Melbourne [7] | 3.55%^ | 3.80%^ | 4.30% | 4.05% | 4.05% | 4.05% | ^ 4 months ^ 7 months |
| Macquarie Bank [8] | 3.40%^ | 3.75% | 4.00% | 3.90% | 3.85% | 3.90% | ^ 4 months |
| St George [9] | 3.60%^ | 3.85%^ | 4.30% | 4.05% | 4.05% | 4.05% | ^ 4 months ^ 7 months |
| Suncorp Bank [10] | 4.40%^ | 5.00%^ | 5.00% | 3.90% | 3.90% | 3.90% | ^ 4 months ^ 7 months |
| ONLINE BANKS | |||||||
| ING Direct [11] | 4.95% | 5.10% | 5.25% | 5.10% | |||
| RaboDirect [12] | 4.65% | 4.90% | 5.00% | 4.89% | 5.00% | 5.10% | |
| Ubank | |||||||
| MUTUAL BANKS | |||||||
| Great Southern Bank | 4.65% | 4.95% | 5.05% | 4.45% | 4.20% | 4.20% | |
| Teachers Mutual [13] | 1.10% | 4.70% | 4.00%^ | 3.70% | 3.80% | ^ 11 months |
Rates subject to change without notice. Term and conditions may apply.
Green – denotes the highest rate for each term.
Important information: This content has been prepared without taking account of the objectives, financial situation or needs of any particular individual. It does not constitute formal advice. Any individual should, before acting, consider the appropriateness of the information in regards to their objectives, financial situation and needs and, if necessary, seek professional advice.