Term Deposit Rates by Bank - Compare Every Major Australian Bank

Rates below are compiled from published bank rate sheets and third-party rate-comparison sources, cross-checked where possible, current as of the date shown for each institution. Banks change term deposit rates without notice and some terms shown here are promotional/special offers with conditions attached. Always confirm the exact current rate, minimum deposit, and terms directly on the provider's website (linked below) before opening or rolling over a term deposit.

Judo Bank

Up to 5.50% p.a.

Challenger bank consistently near the top of term deposit rate tables, no account fees.

Suncorp

Up to 5.35% p.a.

Queensland-based bank and insurer with a full term deposit ladder for balances up to $2 million.

ING

Up to 5.30% p.a.

Online-only bank popular for competitive term deposit and savings rates.

AMP Bank

Up to 5.30% p.a.

Term deposits with rates that vary by deposit tier, up to 5 years.

NAB

Up to 5.25% p.a.

National Australia Bank, with indicator rates published for its standard term deposit range.

ANZ

Up to 5.25% p.a.

ANZ's Advance Notice Term Deposit is its current standard personal term deposit product.

St George

Up to 5.25% p.a.

Westpac Group brand offering fixed term deposits with an online renewal bonus.

Bendigo Bank

Up to 5.25% p.a.

Customer-owned-adjacent regional bank offering promotional and standard term deposits.

Bank of Melbourne

Up to 5.25% p.a.

Westpac Group brand serving Victorian customers, with fixed term deposits similar to St George.

Great Southern Bank

Up to 5.25% p.a.

Customer-owned bank with government-guaranteed deposits up to $250,000.

Macquarie Bank

Up to 5.20% p.a.

Investment-bank-backed retail arm offering flexible term deposit lengths from 1 month to 5 years.

Bankwest

Up to 5.20% p.a.

CommBank-owned digital bank with a wide term deposit range and no account fees.

Heritage Bank

Up to 5.20% p.a.

Part of People First Bank, with one of the more complete published rate ladders.

Commonwealth Bank

Up to 5.15% p.a.

Australia's largest bank, offering term deposits alongside its full retail banking suite.

Westpac

Up to 5.15% p.a.

One of the big four banks, with standard and online-bonus term deposit rates.

Rabobank

Up to 5.15% p.a.

Dutch-owned agribusiness bank offering some of the market's more competitive long-term rates.

Bank of Queensland

Up to 5.10% p.a.

Regional bank with retail term deposits capped around $250,000 per account.

ME Bank

Up to 4.90% p.a.

Now effectively closed to new personal term deposits; existing customers can reinvest short terms only.

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