What is Great Southern Bank's current term deposit rate?

As of 2026-08-21, Great Southern Bank's term deposit rates ranged up to 5.25% p.a. depending on the term. See the full table above, and confirm the current rate on Great Southern Bank's official site before opening an account.

What is the minimum deposit for a Great Southern Bank term deposit?

Great Southern Bank's minimum term deposit is generally around $1,000, though this can vary by term and product. Confirm on their official site.

Great Southern Bank Term Deposit Rates (2026-08-22)

Rates shown may include promotional offers and can change without notice — confirm the current rate on the provider's site before acting. How we source rates

Term	Interest Rate (p.a.)	Min. Deposit
11 months	5.25% — Standard Term Deposit, special/promotional term	$1,000

Source: Great Southern Bank term deposit rates

Notes on Great Southern Bank's rates

A separate "Platinum Plus Term Deposit" product reportedly offers a higher rate (around 5.55% p.a. for 11 months) under different eligibility conditions — not reflected here. Full standard-term ladder was not confirmed at last review.

Interest Payment Options

Great Southern Bank's interest payment options: Varies by term. Interest paid at maturity typically offers the headline rate; opting for monthly or quarterly payments can reduce the effective rate slightly, since you're accessing your returns sooner.

How Great Southern Bank Compares

Term deposit rates move independently between banks, so it's worth checking a few options before committing. See how Great Southern Bank stacks up against other providers:

Or use our full comparison table to see every bank side by side, or the term deposit calculator to estimate your returns.