3-5 Year Term Deposits
A 3 to 5 year term deposit fixes the rate for the whole term, so the return is known in advance whichever way market rates move, but the money is locked away unless you give notice and accept reduced interest. Compare rates from 5.00%This is our highest starting rate for these products. Other factors may change rates once you filter your results. See sorting and ranking for more info. with Alex.Bank's Term Deposit - Direct.
Comparing 8 products
Depositing $10,000 over 5 years at the highest shown:
- Top rate
- 5.00% p.a.
- Interest earned
- $2,500
- Balance after 5 years
- $12,500
Estimate only, based on Alex.Bank’s highest advertised rate. Each product is priced at its own rate for this term and its own interest-payment schedule, so a deposit paying at maturity earns simple interest.
| Product | Term length | Interest paid | Actions | |||||
|---|---|---|---|---|---|---|---|---|
![]() | Alex.Bank | Max rate5.00% | Term length4 yr–5 yr | Interest paidAt maturity | Interest earnings$2,500 | Alex gets you a competitive interest rate on your term deposit. Origination via invite only. | ||
| Bank of us | Max rate4.20% | Term length37 mo | Interest paidHalf-yearly | Interest earnings$2,310 | If you have $5,000 or more to invest, we have a choice of terms ranging from 1 - 36 months for you… to lock your money away for, with the certainty of a great fixed interest rate. At the end of the ter | |||
![]() | ANZ | Max rate4.00% | Term length4 yr | Interest paidAt maturity | Interest earnings$2,000 | Enjoy the certainty of fixed returns over the investment term of your choice | ||
| Bank of Melbourne | Max rate4.00% | Term length4 yr–5 yr | Interest paidMonthly | Interest earnings$2,210 | Get a fixed interest rate for your fixed term investment. | |||
| BankSA | Max rate4.00% | Term length4 yr–5 yr | Interest paidMonthly | Interest earnings$2,210 | Business only | Lock away your money for a period of time and get a guaranteed return | ||
| BankSA | Max rate4.00% | Term length4 yr–5 yr | Interest paidMonthly | Interest earnings$2,210 | Get a fixed interest rate for your fixed term investment. | |||
![]() | Auswide Bank | Max rate3.25% | Term length37 mo–61 mo | Interest paid— | Interest earnings$1,625 | A term deposit that pays interest on maturity | ||
![]() | Bank of Queensland | Max rate2.00% | Term length4 yr | Interest paidMonthly | Interest earnings$1,051 | Rewarding you with higher interest on balances over $5,000. Enjoy the security of a fixed rate for your nominated term | ||
Rates and fees are sourced from each provider’s CDR Product Reference Data where the provider publishes it.
Important information
About this table: using the data available to us, we have tried to show products that match this table’s title. This table does not compare all products, and there may be products with a higher rate in the market that are not shown here. Do your own research to find a product that suits your needs and financial goals. See how we choose products for tables like this.
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Rates, fees and charges are subject to change without notice. Before acting on any information shown here, you should confirm the rates, fees, charges and product information with the provider. For clarity, where we have used the terms “lowest” or “best”, these relate solely to the rates of interest offered by the provider and not to any other factor. The application of these terms to a particular product is subject to change without notice if the provider changes their rates.
This table does not compare every feature that may be relevant to you. Products are selected for relevance to the table and to the filters applied. They are not suggestions or recommendations, and the order they appear in is not a ranking of suitability. Changing the filters will surface further relevant products. See how we sort and rank products.
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This information is general in nature. It does not take into account your objectives, financial situation or needs, and it is not a recommendation to apply for or hold any particular product. You should read the provider’s Key Facts Sheet, Target Market Determination and terms and conditions before deciding. CompareThat compares products. We do not arrange, approve or process applications.



