Best Term Deposit Account
Savings Account Finder is designed to provide you with the latest updates on Term Deposit Accounts from the Major Australian Banks and Financial Institutions to allow you to choose the best term deposit account with:
- The highest interest rates
- Lowest Bank Account Fees
- Clarify your savings goals
- Maximise your savings investment
By constantly identifying and recognising the potential of the best term deposit account which exists in the current market, you are putting yourself in the position to receive a secured, guaranteed long term investment. Be sure that you do not invest more then you can live without for the given time period. If you can make it, they can be a simple way to earn money on your money.
Note that the best term deposit rates Australia are subject to change without notice at any time at the discretion of the bank.
Best Term Deposit Accounts
| Term Deposit | 1 mth | 3 mth | 4 mth | 6 mth | 12 mth | 24 mth | 36 mth | 48 mth | 60 mth | Min and Max Deposit | |
|---|---|---|---|---|---|---|---|---|---|---|---|
Macquarie Bank Term Deposit |
4.20% | 4.30% | 5.75%
& 5mths at 5.50% |
6.00% | 6.00%
& 9mths at 6.00% |
6.00% | - | - | - | $10,000 – 1m | ![]() ![]() |
|
Flexirates Suncorp eOptions flexiRates |
4.25% | 5.45% | 5.70% | 6.15% | 6.45% | - | - | - | - | $1 – $50m |
|
![]() Bankwest Term Deposit |
- | 3.61% | - | 5.01% | 5.40% | - | - | - | - | $1,000 – 5m | ![]() ![]() |
You can find out more about term deposit accounts available in Australia and the current interest rates offered by each provider using our comparison tables . When you have found a provider and a term deposit account which suit you, you can follow our secure links to the provider’s website where you can start the online application process.
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Top 6 High Interest Savings Accounts
All of these accounts are FREE to open and require no minimum deposit. They all have easy internet banking access with no transaction fees.
| Savings Account | Interest Rate | |
|---|---|---|
![]() INGDirect Saver |
5.85%* only for 4 months | ![]() ![]() |
![]() St George Direct Saver |
5.75% | ![]() ![]() |
![]() Citibank Online Saver |
5.88% for 6 months | ![]() ![]() |
![]() Bankwest Telenet Saver |
5.62%* for 12 months | ![]() ![]() |
![]() ANZ Online Savings Account |
5.50% | ![]() ![]() |
![]() NAB iSaver Account |
5.40% | ![]() ![]() |
















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