Advice

Latest term deposit rates

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Here’s a list of the latest term-deposit rates, updated weekly, so you can stay on top of the best deals around town. Our comparison table is independent of any Authorised Deposit-Taking Institution (ADI) and isn’t linked to advertisers to make sure you get the right information.

Institution3 mths6 mths1 yr2 yrs3 yrs5 yrsTerm
MAJOR BANKS
ANZ3.75%3.75%*3.75%4.15%4.30%4.50%* 5 mths
Commonwealth3.75%^3.75%†3.75%4.30%4.40%^ 4 mths † 7 mths
NAB3.75%3.75%4.00%4.20%4.30%4.50%
Westpac3.75%2.75%3.75%4.20%4.50%4.65%
REGIONALS
Bank of Queensland4.25%4.20%4.10%4.10%4.50%3.35%
BankWest3.30%4.00%3.60%3.90%4.10%4.30%
Bank of Melbourne400%4.10%4.05%4.30%4.50%4.65%
Macquarie Bank4.05%4.00%4.00%4.00%4.00%4.00%
St George4.00%4.05%4.05%4.30%4.50%4.65%
Suncorp4.20%4.25%4.10%4.20%4.40%4.50%
ONLINE BANKS
ING Direct3.90%4.30%4.10%4.30%
RaboDirect4.15%4.15%4.15%4.20%4.40%4.70%
Ubank4.21%4.35%4.60%
CREDIT UNIONS
CUA4.00%4.00%4.20%4.30%4.50%
MUTUAL BANKS
Teachers Mutual4.00%4.00%4.05%4.35%4.55%

Rates current as of 14 June 2013 for deposits of $50,000 or more. Interest paid on maturity (up to 12 months) or annually for more than one year.

Rates subject to change without notice. Term and conditions may apply.

Green – denotes the highest rate for each term.

Important information: This content has been prepared without taking account of the objectives, financial situation or needs of any particular individual. It does not constitute formal advice. Any individual should, before acting, consider the appropriateness of the information in regards to their objectives, financial situation and needs and, if necessary, seek professional advice.

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