Business Term Deposits

A business term deposit fixes the rate on surplus funds for a set term, so the return is known in advance whichever way market rates move, and the interest is assessable income for the entity. Compare terms and rates from 5.60%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 Judo Bank's Business Term Deposits.

Rates checked against every provider’s own published dataWe show all of the product information we are able to access. For banking products that is each provider’s public Consumer Data Right (CDR) Product Reference Data endpoints, published under the Consumer Data Standards (CDS) maintained by the Data Standards Body. Where a provider does not publish a field, or a row is an editorial selection, we say so. on 19 Oct 2026
Written by Joshua PevyReviewed by Jordan PearceLast updated 19 Oct 2026How We Rank This PageEditorial StandardsOur Writers

Comparing 106 products

Deposit period

Depositing $10,000 over 1 year at the highest shown:

Top rate
5.60% p.a.
Interest earned
$555
Balance after 1 year
$10,555

Estimate only, based on Judo 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.

ProductTerm lengthInterest paidActions
Judo BankMax rate5.60%Term length1 mo–5 yrInterest paidAnnuallyBusiness only

Earn a competitive, fixed interest rate on your Business Term Deposit with Judo Bank.

Gateway BankMax rate5.60%Term length1 yrInterest paid—Business only
Great Southern Bank Business+Max rate5.50%Term length—Interest paid—Business only

Term deposit maturing in 1 year

Great Southern Bank Business+Max rate5.50%Term length—Interest paid—Business only

Term deposit maturing in 10 months

Gateway BankMax rate5.50%Term length1 yrInterest paid—Business only
Beyond Bank AustraliaMax rate5.45%Term length10 moInterest paidAt maturityBusiness only

Non Personal Term Deposits are a secure way to grow your money with a guaranteed interest rate for a fixed period. You'll always know exacttly what your investment is worth.

Heartland BankMax rate5.45%Term length1 mo–5 yrInterest paidAt maturityBusiness only

A great way to reach your savings goals, with no fees and a competitive interest rate locked in for terms from 31 days to 60 months.

INGMax rate5.45%Term length1 yr–2 yrInterest paid—Business only

A high fixed interest rate for business savings. You choose the time frame.

People First and Heritage BankMax rate5.45%Term length2 mo–5 yrInterest paidAt maturityBusiness only

A secure way to invest your money and earn a great return on your investment.

Gateway BankMax rate5.45%Term length6 moInterest paid—Business only
AMP Bank GOMax rate5.40%Term length1 yrInterest paid—Business only

12 Month Business Term Deposit via the AMP Bank GO app

Bank of MelbourneMax rate5.40%Term length1 mo–5 yrInterest paidMonthlyBusiness only

Lock away your money for a period of time and get a guaranteed return

BankSAMax rate5.40%Term length1 mo–5 yrInterest paidMonthlyBusiness only

Lock away your money for a period of time and get a guaranteed return

Gateway BankMax rate5.40%Term length9 moInterest paid—Business only
MyState BankMax rate5.35%Term length1 mo–3 yrInterest paidAt maturityBusiness only

If you have excess cash, and you want reliable investment returns, a Business term deposit from MyState Bank may be just what you need.

Defence BankMax rate5.35%Term length2 yrInterest paidAnnuallyBusiness only

Fixed Term Deposits start from as little as $2,000, and you can choose terms that work for your Business/Trust/SMSF between 30 days and 24 months.

Great Southern Bank Business+Max rate5.35%Term length—Interest paid—Business only

Term deposit maturing in 9 months

Great Southern Bank Business+Max rate5.35%Term length—Interest paid—Business only

Term deposit maturing in 6 months

Southern Cross Credit UnionMax rate5.30%Term length1 mo–2 yrInterest paidMonthlyBusiness only
Defence BankMax rate5.30%Term length1 yrInterest paidAt maturityBusiness only

Fixed Term Deposits start from as little as $2,000, and you can choose terms that works for your Business/Trust/SMSF between 30 days and 24 months.

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.

Find out moreShow less

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.

Some providers pay us to promote a product or for a click through to their site. Any paid listing is marked “Sponsored Placement” wherever it appears. Payment never determines which products we show: we consider all relevant products in the market against the filters applied, and payment never changes the figures we display. See how we make money and our advertiser disclosure.

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.