Our Mission
Term Deposit Rates Australia was created to empower Australian consumers and investors with accurate, up-to-date information about term deposit rates from banks and financial institutions across the country.
We believe that everyone deserves access to clear, unbiased financial information to make informed decisions about their savings and investments. Our platform provides comprehensive rate comparisons, educational resources, and interactive tools to help Australians maximize their returns while understanding the products they're investing in.
What We Offer
Comprehensive Rate Comparisons
We track term deposit rates from major banks, regional banks, credit unions, and building societies across Australia, providing you with a complete market overview.
Interactive Calculator
Our easy-to-use calculator helps you understand exactly how much you could earn based on different deposit amounts, rates, and term lengths.
Educational Resources
We provide comprehensive guides covering everything from basic concepts to advanced investment strategies, helping you make informed decisions.
Regular Updates
Our team monitors rate changes across the market to ensure you always have access to current information.
Our Methodology
Accuracy and transparency are at the core of everything we do. Here's how we ensure you receive reliable information:
Data Collection
We gather term deposit rate information directly from financial institution websites, official rate sheets, and verified public sources. Our data collection process includes:
- Regular monitoring of bank and credit union websites
- Verification of rates through multiple sources
- Cross-referencing with official institution communications
- Daily updates to capture rate changes promptly
Verification Process
Before publishing any rate information, we:
- Verify rates directly from the financial institution's official sources
- Check terms and conditions for any special requirements
- Confirm minimum deposit amounts and eligibility criteria
- Note any promotional or limited-time offers
Information Accuracy
While we strive for complete accuracy, rates can change frequently. We recommend:
- Always verify current rates directly with the financial institution before making investment decisions
- Reviewing all terms and conditions carefully
- Confirming your eligibility for advertised rates
- Checking for any fees or conditions that may apply
Our Commitment to You
Independence
We are an independent comparison service. Our goal is to provide unbiased information to help you make the best decision for your circumstances, not to promote any particular financial institution.
Transparency
We clearly disclose our methodology, data sources, and any limitations in our coverage. If we have affiliate relationships with any institutions, these are clearly marked.
Education First
Beyond just comparing rates, we're committed to financial education. Our comprehensive guides and resources help you understand not just which rate is highest, but which option is best for your specific situation.
User Privacy
We respect your privacy. Our tools and calculators work entirely in your browser - we don't collect or store your financial information when you use our calculator.
Understanding Term Deposits
Term deposits are a foundational component of conservative investment portfolios in Australia. They offer:
Security
Protected by the Australian Government's Financial Claims Scheme up to $250,000 per institution per person.
Certainty
Fixed interest rates mean you know exactly what you'll earn when you invest.
Simplicity
Straightforward products with no hidden fees or complex conditions.
Flexibility
Multiple term lengths available to match your financial timeline.
Important Disclaimers
Not Financial Advice
The information provided on this website is for general informational and educational purposes only. It does not constitute financial, investment, or professional advice. We recommend consulting with a qualified financial advisor before making investment decisions.
Rate Accuracy
While we make every effort to ensure rate information is accurate and current, rates can change without notice. Always verify current rates, terms, and conditions directly with the financial institution before investing.
No Guarantees
Past performance and current rates are not guarantees of future returns. Interest rates are subject to change based on market conditions and Reserve Bank policy.
Eligibility Requirements
Advertised rates may be subject to eligibility criteria, minimum deposits, or other conditions. Some rates may be promotional or available only to new customers. Always check the specific terms with the financial institution.
Coverage
We aim to provide comprehensive coverage of term deposit products available to Australian consumers, including offerings from:
- Major Banks: Commonwealth Bank, Westpac, NAB, ANZ, and other national institutions
- Regional Banks: Bank of Queensland, Bendigo Bank, and others
- Online Banks: ING, Macquarie, and digital-first institutions
- Credit Unions: Customer-owned banking institutions across Australia
- Building Societies: Mutual organizations offering term deposit products
Our coverage continues to expand as we identify additional institutions offering competitive term deposit products to Australian consumers.
Staying Informed
The Australian banking landscape is dynamic, with rates responding to:
- Reserve Bank of Australia (RBA) cash rate decisions
- Market competition for deposits
- Economic conditions and inflation trends
- Individual bank funding requirements
We monitor these factors and update our information regularly to help you make timely, informed decisions about your savings.
Start Comparing Rates Today
Use our tools to find the best term deposit rates for your needs.