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Suncorp Term Deposit Rates

Queensland-based bank and insurer with a full term deposit ladder for balances up to $2 million. Rates last checked 2026-08-05.

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
3 months 5.00% $5,000
6 months 4.90% $5,000
9 months 5.20% $5,000
12 months 5.35% $5,000
24 months 5.00% $5,000
36 months 5.00% $5,000
60 months 5.00% $5,000

Source: Suncorp Bank term deposit rates

Notes on Suncorp's rates

Rates shown for the $5,000-$1,999,999 tier. A separate lower tier ($5,000-$99,999) offers different odd-month rates. Best current rate at last review was the 12-month term at 5.35% p.a.

Interest Payment Options

Suncorp's interest payment options: At maturity or periodically. 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 Suncorp Compares

Term deposit rates move independently between banks, so it's worth checking a few options before committing. See how Suncorp 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.