Compare Term Deposit Rates
Today's featured Term Deposits
Highest rate for your filters
Earn a competitive, fixed interest rate on your deposit with Judo Bank.
Highest rate for your filters
Lock in a fixed return for your savings at a competitive interest rate for 12 months.
Comparing 156 products
16 membership-required, 4 broker-arranged, 29 business and 2 SMSF products hidden from this list.
Narrowed to the term deposits that take $10,000 for 1 year.
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.
| Product | Interest paid | Actions | |||||
|---|---|---|---|---|---|---|---|
 | Max rate5.35% | Interest paidAt maturity | Interest earnings$535 | Take advantage of great returns on our term deposits. | |||
 | Max rate5.35% | Interest paidMonthly | Interest earnings$538 | A term deposit distributed through National Seniors Australia | |||
| Max rate5.35% | Interest paid— | Interest earnings$525 | A term deposit that pays interest on maturity | |||
 | Max rate5.35% | Interest paidAt maturity | Interest earnings$525 | If you have money to invest, and you want reliable investment returns, a term deposit from MyState Bank may be just what you need. | |||
| Max rate5.35% | Interest paidAt maturity | Interest earnings$525 | If you have money to invest, and you want reliable investment returns, a term deposit from MyState Bank may be just what you need. | |||
 | Max rate5.35% | Interest paidAt maturity | Interest earnings$535 | Lock in a fixed interest rate for a set term. | |||
| Max rate5.35% | Interest paidAt maturity | Interest earnings$535 | Lock in a fixed interest rate for a set term. | |||
 | Max rate5.35% | Interest paid— | Interest earnings$530 | A high interest rate guaranteed for the term. You choose the timeframe. | |||
 | Max rate5.35% | Interest paidAt maturity | Interest earnings$535 | ||||
 | Max rate5.30% | Interest paidAt maturity | Interest earnings$530 | Feel confident knowing exactly how much your money will earn. Lock-in a competitive interest rate from as short as 1 month to as long as 5 years. | |||
 | Max rate5.30% | Interest paidMonthly | Interest earnings$543 | Fixed Term Deposits are available for terms from 3mths to 36mths. Fixed Term Deposits allow you to lock funds away for the agreed time, at the agreed rate with options for interest to be paid… | |||
| Max rate5.30% | Interest paid— | Interest earnings$530 | Fixed Term Deposits are available for terms from 3mths to 36mths. Fixed Term Deposits allow you to lock funds away for the agreed time, at the agreed rate with options for interest to be paid… | |||
 | Max rate5.30% | Interest paidMonthly | Interest earnings$543 | Get a fixed interest rate for your fixed term investment. | |||
 | Max rate5.30% | Interest paidAt maturity | Interest earnings$530 | Fixed Term Deposits start from as little as $1,000, and you can choose terms that work for you - between 30 days and 24 months. | |||
 | Max rate5.30% | Interest paidAt maturity | Interest earnings$530 | With a Term Deposit, you can make the most of your money with fixed returns to maximise your savings. | |||
 | Max rate5.30% | Interest paidAt maturity | Interest earnings$530 | The Bankwest Term Deposit lets you lock away your savings for a fixed term of up to five years with a competitive fixed interest rate, giving you certainty on the interest you'll earn | |||
 | Max rate5.30% | Interest paid— | Interest earnings$530 | Take advantage of great returns on our term deposits. | |||
 | Max rate5.30% | Interest paidAt maturity | Interest earnings$530 | Take control of your investment with a term deposit from BCU Bank, offering a guaranteed rate of return and a high level of security. | |||
 | Max rate5.30% | Interest paidAt maturity | Interest earnings$530 | Take control of your investment with a term deposit from P&N Bank, offering a guaranteed rate of return and a high level of security. | |||
| Max rate5.30% | Interest paidAt maturity | Interest earnings$530 | Available only through Ord Minnett. | |||
Important information
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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.
We do not compare every term deposits available in Australia, and 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.
Guides
- Term Deposits Guide Breaking a term deposit early A term deposit trades access for certainty, and the cost of changing your mind is charged in interest rather than fees. Here is exactly how the penalty is worked out, and the simple structure that makes it unnecessary.
- Term Deposits Guide Term deposit or savings account? These two products look interchangeable on a rate table and behave completely differently in practice. The right choice depends far less on which pays more today than on when you will need the money.
The Numbers Behind These Rates
Where this market sits today, and the official figures behind it.
- Market averages Term Deposit Market Averages Today's average term deposit rate, by segment, and how it has moved since the last reading. Taken from every product in the feed, not a survey.
- Statistics Average Term Deposit Rates in Australia Term deposit rates are not a single number, they are a curve across terms. The live tiles below show the average and best rate in each term band, which is the fastest way to see where the banks think rates are heading.
- Market averages Savings Account Market Averages Today's average savings account rate, by segment, and how it has moved since the last reading. Taken from every product in the feed, not a survey.
- Statistics Average Savings Account Interest Rate in Australia Almost every high-interest savings account advertises one rate and pays another. The tiles below show the gap between the headline rate and the base rate you fall back to, live across the accounts we compare.
- Rate Tracker Every Market, One Page The daily average across home loans, savings, term deposits, credit cards and personal and car loans, measured against the RBA cash rate.