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1 month term deposits

  • If you're between investments and need somewhere safe to park your cash while you plan your next move, one month term deposits can be a great way to maximise interest on your hard earned nest egg.

  • What happens to my money after one month is up?

    After one month, your term deposit will have matured, meaning you can access your money. Some banks will allow you to roll over your balance, meaning that the high interest will continue until you transfer the money elsewhere.

  • How do I compare and find the best high interest term deposit?

    It's easy to find the best high interest term deposit in one easy step with Mozo's comprehensive high interest term deposit search tool. You can also try our term deposit calculator to help you compare interest rates and term deposit term to give you the best return.

  • How do I apply for a 1 month term deposit?

    Once you've chosen the right 1 month term deposit for your needs, you can apply online by clicking on the 'go to site' button for the term deposit bank of your choice.

Term deposit comparisons on Mozo - rates updated daily

  • firstmac Term Deposit

    firstmac Term Deposit

    • Flexible terms, choose from 30 days, 60 days, 90 days, 6 months, 9 months, 12 months and 24 months
    • Lock in your return - a secure fixed rate for the length of the term
    • Safe and secure with an Australian Government Guarantee

    interest rate*

    1.85% p.a.
    1 month

    		 Go to site

    More info

    • Flexible terms, choose from 30 days, 60 days, 90 days, 6 months, 9 months, 12 months and 24 months
    • Lock in your return - a secure fixed rate for the length of the term
    • Safe and secure with an Australian Government Guarantee
    • Minimum deposit: $5,000
    • Maximum deposit: $5,000,000
    • Can interest be paid to another bank?: yes
    • Automatic rollover: yes
    Need more information?
    Go to site

    More info

  • Bank of Queensland Premier Investment

    Bank of Queensland Premier Investment

    • No account keeping or transaction fees
    • Competitive interest rates
    • Wide choice of terms

    interest rate*

    1.65% p.a.
    1 month

    		 Go to site

    More info

    • No account keeping or transaction fees
    • Competitive interest rates
    • Wide choice of terms
    • Minimum deposit: $5,000
    • Maximum deposit: $249,999
    • Can interest be paid to another bank?: yes
    • Automatic rollover: yes
    Overall rating

    7.9

    Based on 49 Bank of Queensland term deposit reviews

    Need more information?
    Go to site

    More info

Want more? Compare all 77 term deposits in the Mozo comparison engine.

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* Different interest rates apply to different amounts or different interest payment frequencies.

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