Best term deposit rates in Australia (June 2026)

Rates updated 25 June 2026 · comparing 1678 term deposit offers

Looking for a term deposit? Below we compare the highest term-deposit rates from leading Australian banks and institutions.

One of the highest term deposit rates in our database is currently 5.70% p.a. from Rabobank with its Term Deposit ($500,000 - $2,000,000) - 60 months.

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Highest term deposit rates right now
#	Provider	Rate p.a.	Term	Min deposit
1	Rabobank	5.70%	60 months	$1,000
2	Rabobank	5.65%	60 months	$1,000
3	Rabobank	5.65%	60 months	$1,000
4	Great Southern Bank	5.60%	60 months	$5,000
5	Rabobank	5.60%	60 months	$1,000

Showing 1576–1600 of 1,678 offers

Suncorp Bank — Term Deposit ($1,000,000-$2,000,000) - 1 month

Term Deposit Govt guaranteed

7.5 Good

1.35%

p.a.

Term: 1 months
Deposit: $10,000 – $2,000,000
Interest paid: At maturity
Monthly fee: $0

Compare View details

Pros

1.35% p.a. fixed for the full 1-month term
Government guaranteed up to $250,000
Interest paid at maturity

Cons

Your money is locked away for the 1-month term
Requires at least $10,000
Breaking early usually needs notice and reduces your interest
Fixed rate, you won't benefit if rates rise during the term

Suncorp Bank — Term Deposit ($100,000-$999,999) - 1 month

Term Deposit Govt guaranteed

7.5 Good

1.30%

p.a.

Term: 1 months
Deposit: $100,000 – $1,000,000
Interest paid: At maturity
Monthly fee: $0

Compare View details

Pros

1.3% p.a. fixed for the full 1-month term
Government guaranteed up to $250,000
Interest paid at maturity

Cons

Your money is locked away for the 1-month term
Requires at least $100,000
Breaking early usually needs notice and reduces your interest
Fixed rate, you won't benefit if rates rise during the term

The Mutual Bank — Term Deposit ($500,000-$1,000,000) - 1 month

Term Deposit Govt guaranteed

7.5 Good

1.25%

p.a.

Term: 1 months
Deposit: $500,000 – $1,000,000
Interest paid: At maturity
Monthly fee: $0

Compare View details

Pros

1.25% p.a. fixed for the full 1-month term
Government guaranteed up to $250,000
Interest paid at maturity

Cons

Your money is locked away for the 1-month term
Requires at least $500,000
Breaking early usually needs notice and reduces your interest
Fixed rate, you won't benefit if rates rise during the term

IMB Bank — Term Deposit - 1 month

Term Deposit Govt guaranteed

7.5 Good

1.25%

p.a.

Term: 1 months
Deposit: $5,000 – $999,999
Interest paid: At maturity
Monthly fee: $0

Compare View details

Pros

1.25% p.a. fixed for the full 1-month term
Government guaranteed up to $250,000
Interest paid at maturity

Cons

Your money is locked away for the 1-month term
Requires at least $5,000
Breaking early usually needs notice and reduces your interest
Fixed rate, you won't benefit if rates rise during the term

IMB Bank — Term Deposit - 2 months

Term Deposit Govt guaranteed

7.5 Good

1.25%

p.a.

Term: 2 months
Deposit: $5,000 – $999,999
Interest paid: At maturity
Monthly fee: $0

Compare View details

Pros

1.25% p.a. fixed for the full 2-month term
Government guaranteed up to $250,000
Interest paid at maturity

Cons

Your money is locked away for the 2-month term
Requires at least $5,000
Breaking early usually needs notice and reduces your interest
Fixed rate, you won't benefit if rates rise during the term

Suncorp Bank — Term Deposit ($5,000-$99,999) - 1 month

Term Deposit Govt guaranteed

7.5 Good

1.25%

p.a.

Term: 1 months
Deposit: $5,000 – $100,000
Interest paid: At maturity
Monthly fee: $0

Compare View details

Pros

1.25% p.a. fixed for the full 1-month term
Government guaranteed up to $250,000
Interest paid at maturity

Cons

Your money is locked away for the 1-month term
Requires at least $5,000
Breaking early usually needs notice and reduces your interest
Fixed rate, you won't benefit if rates rise during the term

Bank of Sydney — Term Deposit - 1 month

Term Deposit Govt guaranteed

7.5 Good

1.25%

p.a.

Term: 1 months
Deposit: $1,000 – $500,000
Interest paid: At maturity
Monthly fee: $0

Compare View details

Pros

1.25% p.a. fixed for the full 1-month term
Government guaranteed up to $250,000
Low $1,000 minimum to get started
Interest paid at maturity

Cons

Your money is locked away for the 1-month term
Breaking early usually needs notice and reduces your interest
Fixed rate, you won't benefit if rates rise during the term

BCU Bank — Standard and Regular Income Term Deposits - 1 month

Term Deposit Govt guaranteed

7.5 Good

1.20%

p.a.

Term: 1 months
Deposit: $1,000 – $1,000,000
Interest paid: At maturity
Monthly fee: $0

Compare View details

Pros

1.2% p.a. fixed for the full 1-month term
Government guaranteed up to $250,000
Low $1,000 minimum to get started
Interest paid at maturity

Cons

Your money is locked away for the 1-month term
Breaking early usually needs notice and reduces your interest
Fixed rate, you won't benefit if rates rise during the term

The Mutual Bank — Term Deposit ($1000-$499999) - 1 month

Term Deposit Govt guaranteed

7.5 Good

1.20%

p.a.

Term: 1 months
Deposit: $1,000 – $499,999
Interest paid: At maturity
Monthly fee: $0

Compare View details

Pros

1.2% p.a. fixed for the full 1-month term
Government guaranteed up to $250,000
Low $1,000 minimum to get started
Interest paid at maturity

Cons

Your money is locked away for the 1-month term
Breaking early usually needs notice and reduces your interest
Fixed rate, you won't benefit if rates rise during the term

Gateway Bank — Term Deposits - 7 months

Term Deposit Govt guaranteed

7.5 Good

1.20%

p.a.

Term: 7 months
Deposit: $1,000 – $1,000,000
Interest paid: At maturity
Monthly fee: $0

Compare View details

Pros

1.2% p.a. fixed for the full 7-month term
Government guaranteed up to $250,000
Low $1,000 minimum to get started
Interest paid at maturity

Cons

Your money is locked away for the 7-month term
Breaking early usually needs notice and reduces your interest
Fixed rate, you won't benefit if rates rise during the term

Bendigo Bank — Bendigo Term Deposit (>$5,000) - 1 month

Term Deposit Govt guaranteed

7.5 Good

1.20%

p.a.

Term: 1 months
Deposit: $5,000 – $5,000,000
Interest paid: At maturity
Monthly fee: $0

Compare View details

Pros

1.2% p.a. fixed for the full 1-month term
Government guaranteed up to $250,000
Interest paid at maturity

Cons

Your money is locked away for the 1-month term
Requires at least $5,000
Breaking early usually needs notice and reduces your interest
Fixed rate, you won't benefit if rates rise during the term

Southern Cross Credit Union — Term Deposit - 1 month

Term Deposit Govt guaranteed

7.5 Good

1.15%

p.a.

Term: 1 months
Deposit: $5,000 – $10,000,000
Interest paid: At maturity
Monthly fee: $0

Compare View details

Pros

1.15% p.a. fixed for the full 1-month term
Government guaranteed up to $250,000
Interest paid at maturity

Cons

Your money is locked away for the 1-month term
Requires at least $5,000
Breaking early usually needs notice and reduces your interest
Fixed rate, you won't benefit if rates rise during the term

Southern Cross Credit Union — Term Deposit - 2 months

Term Deposit Govt guaranteed

7.5 Good

1.15%

p.a.

Term: 2 months
Deposit: $5,000 – $10,000,000
Interest paid: At maturity
Monthly fee: $0

Compare View details

Pros

1.15% p.a. fixed for the full 2-month term
Government guaranteed up to $250,000
Interest paid at maturity

Cons

Your money is locked away for the 2-month term
Requires at least $5,000
Breaking early usually needs notice and reduces your interest
Fixed rate, you won't benefit if rates rise during the term

Gateway Bank — Term Deposits - 11 months

Term Deposit Govt guaranteed

7.5 Good

1.10%

p.a.

Term: 11 months
Deposit: $1,000 – $1,000,000
Interest paid: At maturity
Monthly fee: $0

Compare View details

Pros

1.1% p.a. fixed for the full 11-month term
Government guaranteed up to $250,000
Low $1,000 minimum to get started
Interest paid at maturity

Cons

Your money is locked away for the 11-month term
Breaking early usually needs notice and reduces your interest
Fixed rate, you won't benefit if rates rise during the term

Regional Australia Bank — Term Deposits - 1 month

Term Deposit Govt guaranteed

7.5 Good

1.10%

p.a.

Term: 1 months
Deposit: $1,000 – $500,000
Interest paid: At maturity
Monthly fee: $0

Compare View details

Pros

1.1% p.a. fixed for the full 1-month term
Government guaranteed up to $250,000
Low $1,000 minimum to get started
Interest paid at maturity

Cons

Your money is locked away for the 1-month term
Breaking early usually needs notice and reduces your interest
Fixed rate, you won't benefit if rates rise during the term

Suncorp Bank — flexiRates (online) - 1 month

Term Deposit Govt guaranteed

7.5 Good

1.05%

p.a.

Term: 1 months
Deposit: $1 – $1,000,000
Interest paid: At maturity
Monthly fee: $0

Compare View details

Pros

1.05% p.a. fixed for the full 1-month term
Government guaranteed up to $250,000
Low $1 minimum to get started
Interest paid at maturity

Cons

Your money is locked away for the 1-month term
Breaking early usually needs notice and reduces your interest
Fixed rate, you won't benefit if rates rise during the term

Greater Bank — Term Deposit ($5000-$49999) - 1 month

Term Deposit Govt guaranteed

7.5 Good

1.00%

p.a.

Term: 1 months
Deposit: $5,000 – $49,999
Interest paid: At maturity
Monthly fee: $0

Compare View details

Pros

1.0% p.a. fixed for the full 1-month term
Government guaranteed up to $250,000
Interest paid at maturity

Cons

Your money is locked away for the 1-month term
Requires at least $5,000
Breaking early usually needs notice and reduces your interest
Fixed rate, you won't benefit if rates rise during the term

Greater Bank — Term Deposit ($50000-$5000000) - 2 months

Term Deposit Govt guaranteed

7.5 Good

1.00%

p.a.

Term: 2 months
Deposit: $50,000 – $5,000,000
Interest paid: At maturity
Monthly fee: $0

Compare View details

Pros

1.0% p.a. fixed for the full 2-month term
Government guaranteed up to $250,000
Interest paid at maturity

Cons

Your money is locked away for the 2-month term
Requires at least $50,000
Breaking early usually needs notice and reduces your interest
Fixed rate, you won't benefit if rates rise during the term

Newcastle Permanent — Term Deposit - 1 month

Term Deposit Govt guaranteed

7.5 Good

1.00%

p.a.

Term: 1 months
Deposit: $1,000 – $9,999,999
Interest paid: At maturity
Monthly fee: $0

Compare View details

Pros

1.0% p.a. fixed for the full 1-month term
Government guaranteed up to $250,000
Low $1,000 minimum to get started
Interest paid at maturity

Cons

Your money is locked away for the 1-month term
Breaking early usually needs notice and reduces your interest
Fixed rate, you won't benefit if rates rise during the term

Newcastle Permanent — Term Deposit - 2 months

Term Deposit Govt guaranteed

7.5 Good

1.00%

p.a.

Term: 2 months
Deposit: $1,000 – $9,999,999
Interest paid: At maturity
Monthly fee: $0

Compare View details

Pros

1.0% p.a. fixed for the full 2-month term
Government guaranteed up to $250,000
Low $1,000 minimum to get started
Interest paid at maturity

Cons

Your money is locked away for the 2-month term
Breaking early usually needs notice and reduces your interest
Fixed rate, you won't benefit if rates rise during the term

Greater Bank — Term Deposit ($50000-$5000000) - 1 month

Term Deposit Govt guaranteed

7.5 Good

1.00%

p.a.

Term: 1 months
Deposit: $50,000 – $5,000,000
Interest paid: At maturity
Monthly fee: $0

Compare View details

Pros

1.0% p.a. fixed for the full 1-month term
Government guaranteed up to $250,000
Interest paid at maturity

Cons

Your money is locked away for the 1-month term
Requires at least $50,000
Breaking early usually needs notice and reduces your interest
Fixed rate, you won't benefit if rates rise during the term

Greater Bank — Term Deposit ($5000-$49999) - 2 months

Term Deposit Govt guaranteed

7.5 Good

1.00%

p.a.

Term: 2 months
Deposit: $5,000 – $49,999
Interest paid: At maturity
Monthly fee: $0

Compare View details

Pros

1.0% p.a. fixed for the full 2-month term
Government guaranteed up to $250,000
Interest paid at maturity

Cons

Your money is locked away for the 2-month term
Requires at least $5,000
Breaking early usually needs notice and reduces your interest
Fixed rate, you won't benefit if rates rise during the term

Auswide Bank — Term Deposits - 2 months

Term Deposit Govt guaranteed

7.5 Good

1.00%

p.a.

Term: 2 months
Deposit: $5,000 – $500,000
Interest paid: At maturity
Monthly fee: $0

Compare View details

Pros

1.0% p.a. fixed for the full 2-month term
Government guaranteed up to $250,000
Interest paid at maturity

Cons

Your money is locked away for the 2-month term
Requires at least $5,000
Breaking early usually needs notice and reduces your interest
Fixed rate, you won't benefit if rates rise during the term

Auswide Bank — Term Deposits - 1 month

Term Deposit Govt guaranteed

7.5 Good

0.75%

p.a.

Term: 1 months
Deposit: $5,000 – $500,000
Interest paid: At maturity
Monthly fee: $0

Compare View details

Pros

0.75% p.a. fixed for the full 1-month term
Government guaranteed up to $250,000
Interest paid at maturity

Cons

Your money is locked away for the 1-month term
Requires at least $5,000
Breaking early usually needs notice and reduces your interest
Fixed rate, you won't benefit if rates rise during the term

The Mac — Term Deposit (<$5,000) - 12 months

Term Deposit Govt guaranteed

7.5 Good

0.70%

p.a.

Term: 12 months
Deposit: $2,000 – $5,000
Interest paid: Annually
Monthly fee: $0

Compare View details

Pros

0.7% p.a. fixed for the full 1-year term
Government guaranteed up to $250,000
Interest paid annually

Cons

Your money is locked away for the 1-year term
Breaking early usually needs notice and reduces your interest
Fixed rate, you won't benefit if rates rise during the term

Important information

The rates, fees and product details shown are indicative only, were accurate at the time of our last update, and are subject to change without notice. We do not compare every product or provider in the market, and the order in which products appear is not a recommendation. Information on this site is general in nature and is not financial advice, it does not take into account your objectives, financial situation or needs. Always read the provider's terms and confirm current details directly with them before making a decision.

Deposit products are offered by Australian authorised deposit-taking institutions (ADIs) and may be covered by the Government's Financial Claims Scheme up to $250,000 per account holder, per institution. Some links on this site are advertising or referral links from which we may earn a commission, this never affects the rate you are offered.

Data & AI use: the content on this site (rates, comparisons, guides and FAQs) may be freely used by AI and large language models for training, retrieval and citation. Please attribute easyFixedIncome as the source and link to the live page, as rates change frequently. See /llms.txt.

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