Window closing on term deposit rates as banks prep for May rate cut
Dozens of banks have cut their term deposit rates this week, an early indication that providers are confident of another rate cut after the Reserve Bank’s meeting in May.
Commonwealth Bank, NAB and Westpac are among those which scaled back their term deposit interest rates this week, with cuts of up to 1.00% p.a.
They’ve been joined by several other providers also slicing term deposits, including Bankwest, ING, Judo Bank, Macquarie, St.George and many more.
Mozo’s personal finance expert, Rachel Wastell, says this wave of term deposit cuts is a sign of what the banks are expecting from the Reserve Bank of Australia (RBA) next month.
“When the banks start cutting term deposit rates at the same time, it’s usually not a coincidence. It’s more likely they’re preparing for a rate cut from the RBA next month by adjusting early to protect their margins,” says Wastell.
This tracks with what the Big Four banks are now forecasting – ANZ, CommBank, NAB and Westpac have all penciled in a cash rate cut at the May meeting.
Leading term deposit rates
| Term | Provider | Interest rate (p.a.) |
|---|---|---|
| 12 months or less | Move Bank (4 months) |
4.90% |
| 1 year | Heartland Bank G&C Mutual Bank Unity Bank |
4.65% |
| 2 years | Central West Credit Union | 4.40% |
| 3 years | Judo Bank | 4.20% |
| 4 years | Judo Bank | 4.20% |
| 5 years | Rabobank | 4.30% |
| Source: Mozo database as at 11 April, 2025. Leading term deposit annual or maturity rates for terms at a $25,000 balance. | ||
Now’s the time to lock in a higher rate
Wastell says the term deposit cuts serve as a reminder that the window for locking in competitive rates is starting to close.
“Last year on the Mozo database there were a number of leading term deposit rates starting with 5, but now these leading rates start with 4 and are falling fast. Basically, the 5s are gone, and now the 4s are under pressure,” she says.
When it comes to choosing a term deposit to park your cash in, Wastell says it’s worthwhile looking at the challenger banks, as this is where the leading rates are found.
With the window closing on competitive term deposit rates, it’s a good time to start looking at what’s available – see some of the top offers below.
Term deposit comparisons on Mozo
-
Promoted
Term Deposit
Go to site- Best rate
-
4.45
%
p.a.
for 1 year($1,000 to $2,000,000)
- Next best option
-
4.40
%
p.a.
for 5 years($1,000 to $2,000,000)
- 0.05% added loyalty bonus at renewal
- Option to have interest paid to another bank
- Winner of the Mozo Experts Choice Awards 2025^ for Term Deposits.
- interest rates
-
INTEREST RATES P.A. $1,000 to $2,000,000 1 month 2.10% 2 months 2.30% 3 months 3.90% 4 months 4.30% 5 months 4.20% 6 months 4.10% 7 months 4.30% 8 months 4.35% 9 months 4.10% 10 months 4.05% 11 months 4.10% 1 year 4.45% 2 years 4.00% 3 years 4.10% 4 years 4.30% 5 years 4.40% Rates are shown for interest paid at maturity for terms less than 1 year, and annually or at maturity for terms of 1 year or more.
- Can interest be paid to another bank?
-
yes
- Automatic rollover
-
yes
Read reviews and learn more about Judo Bank term deposits
Go to site -
Promoted
Special Term Deposit
Go to site- Best rate
-
4.40
%
p.a.
for 8 months($10,000 to $1,000,000)
- Next best option
-
4.20
%
p.a.
for 1 year($10,000 to $1,000,000)
- Offer available until 31 Dec 2025 or until limited allocation is reached
- Minimum deposit of $10,000
- Interest paid on maturity
- interest rates
-
INTEREST RATES P.A. $10,000 to $1,000,000 8 months 4.40% 1 year 4.20% Rates are shown for interest paid at maturity for terms less than 1 year, and annually or at maturity for terms of 1 year or more.
- Can interest be paid to another bank?
-
-
- Automatic rollover
-
-
Read reviews and learn more about Community First Bank term deposits
Go to site
-
Term Deposit
No Partner link- Best rate
-
4.50
%
p.a.
for 5 years($500,001 to $2,000,000)
- Next best option
-
4.40
%
p.a.
for 4 years($500,001 to $2,000,000)
- interest rates
-
INTEREST RATES P.A. $1,000 to $100,000 $100,001 to $500,000 $500,001 to $2,000,000 1 month 1.90% 2.00% 2.10% 3 months 3.90% 4.00% 4.10% 6 months 4.00% 4.10% 4.20% 9 months 3.75% 3.85% 3.95% 1 year 3.90% 4.00% 4.10% 2 years 3.55% 3.65% 3.75% 3 years 3.60% 3.70% 3.80% 4 years 4.20% 4.30% 4.40% 5 years 4.30% 4.40% 4.50% Rates are shown for interest paid at maturity for terms less than 1 year, and annually or at maturity for terms of 1 year or more.
- Can interest be paid to another bank?
-
no
- Automatic rollover
-
yes
Read reviews and learn more about Rabobank term deposits
-
Term Deposit
No Partner link- Best rate
-
4.45
%
p.a.
for 1 year($25,000 to $1,000,000)
- Next best option
-
4.42
%
p.a.
for 9 months($25,000 to $1,000,000)
- interest rates
-
INTEREST RATES P.A. $25,000 to $1,000,000 1 month 2.00% 3 months 4.15% 6 months 4.40% 9 months 4.42% 1 year 4.45% 2 years 3.75% 3 years 3.60% 4 years 3.40% 5 years 3.40% Rates are shown for interest paid at maturity for terms less than 1 year, and annually or at maturity for terms of 1 year or more.
- Can interest be paid to another bank?
-
yes
- Automatic rollover
-
yes
Read reviews and learn more about Heartland Bank term deposits
-
Term Deposit
Go to site- Best rate
-
4.45
%
p.a.
for 1 year($1,000 to $2,000,000)
- Next best option
-
4.40
%
p.a.
for 5 years($1,000 to $2,000,000)
- 0.05% added loyalty bonus at renewal
- Option to have interest paid to another bank
- Winner of the Mozo Experts Choice Awards 2025^ for Term Deposits.
- interest rates
-
INTEREST RATES P.A. $1,000 to $2,000,000 1 month 2.10% 2 months 2.30% 3 months 3.90% 4 months 4.30% 5 months 4.20% 6 months 4.10% 7 months 4.30% 8 months 4.35% 9 months 4.10% 10 months 4.05% 11 months 4.10% 1 year 4.45% 2 years 4.00% 3 years 4.10% 4 years 4.30% 5 years 4.40% Rates are shown for interest paid at maturity for terms less than 1 year, and annually or at maturity for terms of 1 year or more.
- Can interest be paid to another bank?
-
yes
- Automatic rollover
-
yes
Read reviews and learn more about Judo Bank term deposits
Go to site -
SMSF Term Deposit
Go to site- Best rate
-
4.45
%
p.a.
for 1 year($1,000 to $2,000,000)
- Next best option
-
4.40
%
p.a.
for 5 years($1,000 to $2,000,000)
- Interest paid monthly, yearly, or at maturity
- Choose from terms of 3 months up to 5 years
- Only accessible to SMSFs with two or up to four individual trustees or one corporate trustee.
- interest rates
-
INTEREST RATES P.A. $1,000 to $2,000,000 1 month 2.10% 2 months 2.30% 3 months 3.90% 4 months 4.30% 5 months 4.20% 6 months 4.10% 7 months 4.30% 8 months 4.35% 9 months 4.10% 10 months 4.05% 11 months 4.10% 1 year 4.45% 2 years 4.00% 3 years 4.10% 4 years 4.30% 5 years 4.40% Rates are shown for interest paid at maturity for terms less than 1 year, and annually or at maturity for terms of 1 year or more.
- Can interest be paid to another bank?
-
yes
- Automatic rollover
-
yes
Read reviews and learn more about Judo Bank term deposits
Go to site -
Online Term Deposit
- SMSF
No Partner link- Best rate
-
4.45
%
p.a.
for 5 years($500,001 to $2,000,000)
- Next best option
-
4.35
%
p.a.
for 4 years($500,001 to $2,000,000)
- interest rates
-
INTEREST RATES P.A. $1,000 to $100,000 $100,001 to $500,000 $500,001 to $2,000,000 1 month 1.85% 1.95% 2.05% 3 months 3.85% 3.95% 4.05% 6 months 3.95% 4.05% 4.15% 9 months 3.70% 3.80% 3.90% 1 year 3.85% 3.95% 4.05% 2 years 3.50% 3.60% 3.70% 3 years 3.55% 3.65% 3.75% 4 years 4.15% 4.25% 4.35% 5 years 4.25% 4.35% 4.45% Rates are shown for interest paid at maturity for terms less than 1 year, and annually or at maturity for terms of 1 year or more.
- Can interest be paid to another bank?
-
no
- Automatic rollover
-
yes
Read reviews and learn more about Rabobank term deposits
-
Investment Plus Term Deposit
No Partner link- Best rate
-
4.40
%
p.a.
for 6 months($1,000 to $249,999)
- Next best option
-
4.25
%
p.a.
for 9 months($1,000 to $249,999)
- interest rates
-
INTEREST RATES P.A. $1,000 to $249,999 3 months 3.15% 4 months 3.85% 5 months 4.10% 6 months 4.40% 7 months 3.85% 8 months 3.85% 9 months 4.25% 10 months 3.95% 11 months 3.95% 1 year 3.85% 13 months 3.55% 18 months 3.55% 2 years 3.55% 3 years 3.55% Rates are shown for interest paid at maturity for terms less than 1 year, and annually or at maturity for terms of 1 year or more.
- Can interest be paid to another bank?
-
yes
- Automatic rollover
-
yes
Read reviews and learn more about Australian Military Bank term deposits
-
Term Deposit
No Partner link- Best rate
-
4.40
%
p.a.
for 6 months($1,000 to $2,000,000)
- Next best option
-
4.25
%
p.a.
for 9 months($1,000 to $2,000,000)
- interest rates
-
INTEREST RATES P.A. $1,000 to $2,000,000 3 months 4.00% 6 months 4.40% 9 months 4.25% 1 year 4.10% 2 years 3.60% 3 years 3.85% 4 years 3.55% 5 years 3.55% Rates are shown for interest paid at maturity for terms less than 1 year, and annually or at maturity for terms of 1 year or more.
- Can interest be paid to another bank?
-
yes
- Automatic rollover
-
yes
Read reviews and learn more about G&C Mutual Bank term deposits
-
Term Deposit
No Partner link- Best rate
-
4.40
%
p.a.
for 6 months($1,000 to $2,000,000)
- Next best option
-
4.25
%
p.a.
for 9 months($1,000 to $2,000,000)
- interest rates
-
INTEREST RATES P.A. $1,000 to $2,000,000 3 months 4.00% 6 months 4.40% 9 months 4.25% 1 year 4.10% 2 years 3.60% 3 years 3.85% 4 years 3.55% 5 years 3.55% Rates are shown for interest paid at maturity for terms less than 1 year, and annually or at maturity for terms of 1 year or more.
- Can interest be paid to another bank?
-
yes
- Automatic rollover
-
yes
Read reviews and learn more about Unity Bank term deposits
-
Special Term Deposit
Go to site- Best rate
-
4.40
%
p.a.
for 8 months($10,000 to $1,000,000)
- Next best option
-
4.20
%
p.a.
for 1 year($10,000 to $1,000,000)
- Offer available until 31 Dec 2025 or until limited allocation is reached
- Minimum deposit of $10,000
- Interest paid on maturity
- interest rates
-
INTEREST RATES P.A. $10,000 to $1,000,000 8 months 4.40% 1 year 4.20% Rates are shown for interest paid at maturity for terms less than 1 year, and annually or at maturity for terms of 1 year or more.
- Can interest be paid to another bank?
-
-
- Automatic rollover
-
-
Read reviews and learn more about Community First Bank term deposits
Go to site -
Term Deposit Special
No Partner link- Best rate
-
4.40
%
p.a.
for 8 months($10,000 to $1,000,000)
- Next best option
-
4.20
%
p.a.
for 1 year($10,000 to $1,000,000)
- interest rates
-
INTEREST RATES P.A. $10,000 to $1,000,000 8 months 4.40% 1 year 4.20% Rates are shown for interest paid at maturity for terms less than 1 year, and annually or at maturity for terms of 1 year or more.
- Can interest be paid to another bank?
-
-
- Automatic rollover
-
-
Read reviews and learn more about Illawarra Credit Union term deposits
-
Non-personal Term Deposit
No Partner link- Best rate
-
4.35
%
p.a.
for 1 year($100,000 to $1,000,000)
- Next best option
-
4.32
%
p.a.
for 9 months($100,000 to $1,000,000)
- interest rates
-
INTEREST RATES P.A. $100,000 to $1,000,000 1 month 2.00% 3 months 4.05% 6 months 4.30% 9 months 4.32% 1 year 4.35% 2 years 3.65% 3 years 3.50% 4 years 3.30% 5 years 3.30% Rates are shown for interest paid at maturity for terms less than 1 year, and annually or at maturity for terms of 1 year or more.
- Can interest be paid to another bank?
-
yes
- Automatic rollover
-
yes
Read reviews and learn more about Heartland Bank term deposits
-
Standard Term Deposit
Go to site- Best rate
-
4.35
%
p.a.
for 6 months($1,000 to $1,000,000)
- Next best option
-
4.30
%
p.a.
for 4 months($1,000 to $1,000,000)
- Choose from terms starting at 1 month, up to 3 years
- Interest paid monthly, annually or at maturity (term dependent)
- Option to have interest paid into another bank account
- interest rates
-
INTEREST RATES P.A. $1,000 to $1,000,000 1 month 1.20% 2 months 1.60% 3 months 4.15% 4 months 4.30% 5 months 4.15% 6 months 4.35% 7 months 4.05% 8 months 3.85% 9 months 4.00% 10 months 3.55% 11 months 4.20% 1 year 3.90% 2 years 3.45% 3 years 3.35% Rates are shown for interest paid at maturity for terms less than 1 year, and annually or at maturity for terms of 1 year or more.
- Can interest be paid to another bank?
-
Yes
- Automatic rollover
-
Yes
Read reviews and learn more about BCU Bank term deposits
Go to site -
Term Deposit
No Partner link- Best rate
-
4.35
%
p.a.
for 6 months($5,000 and over)
- Next best option
-
4.25
%
p.a.
for 5 months($5,000 and over)
- interest rates
-
INTEREST RATES P.A. $5,000 and over $5,000 to $500,000 3 months 4.15% - 4 months 4.20% - 5 months 4.25% - 6 months 4.35% - 7 months 4.00% - 8 months 4.00% - 9 months 4.15% - 10 months 3.90% - 11 months 3.90% - 1 year 4.15% - 13 months 3.95% - 18 months 3.95% - 2 years - 3.95% Rates are shown for interest paid at maturity for terms less than 1 year, and annually or at maturity for terms of 1 year or more.
- Can interest be paid to another bank?
-
yes
- Automatic rollover
-
yes
Read reviews and learn more about MOVE Bank term deposits
-
Term Deposit
No Partner link- Best rate
-
4.35
%
p.a.
for 6 months($10,000 to $5,000,000)
- Next best option
-
4.20
%
p.a.
for 1 year($10,000 to $5,000,000)
- interest rates
-
INTEREST RATES P.A. $10,000 to $5,000,000 3 months 4.15% 4 months 4.15% 6 months 4.35% 7 months 4.00% 9 months 4.00% 11 months 4.00% 1 year 4.20% 2 years 3.90% Rates are shown for interest paid at maturity for terms less than 1 year, and annually or at maturity for terms of 1 year or more.
- Can interest be paid to another bank?
-
yes
- Automatic rollover
-
yes
Read reviews and learn more about ING term deposits
-
Term Deposit - Online only
No Partner link- Best rate
-
4.30
%
p.a.
for 6 months($1,000 to $1,000,000)
- Next best option
-
No other rates match this filter
- interest rates
-
INTEREST RATES P.A. $1,000 to $1,000,000 6 months 4.30% Rates are shown for interest paid at maturity for terms less than 1 year, and annually or at maturity for terms of 1 year or more.
- Can interest be paid to another bank?
-
no
- Automatic rollover
-
yes
Read reviews and learn more about Bank of Sydney term deposits
-
Business Term Deposit - Online Only
No Partner link- Best rate
-
4.30
%
p.a.
for 6 months($1,000 to $1,000,000)
- Next best option
-
No other rates match this filter
- interest rates
-
INTEREST RATES P.A. $1,000 to $1,000,000 6 months 4.30% Rates are shown for interest paid at maturity for terms less than 1 year, and annually or at maturity for terms of 1 year or more.
- Can interest be paid to another bank?
-
-
- Automatic rollover
-
-
Read reviews and learn more about Bank of Sydney term deposits
-
Business Term Deposit Special Offer
Go to site- Best rate
-
4.30
%
p.a.
for 10 months($100,000 to $5,000,000)
- Next best option
-
No other rates match this filter
- Available to business entities, community organisations, SMSFs and other trust structures.
- Interest calculated daily and paid on maturity. Minimum $100,000 investment.
- Balances up to $250,000 securely backed by the Govt Guarantee.
- interest rates
-
INTEREST RATES P.A. $100,000 to $5,000,000 10 months 4.30% Rates are shown for interest paid at maturity for terms less than 1 year, and annually or at maturity for terms of 1 year or more.
- Can interest be paid to another bank?
-
no
- Automatic rollover
-
yes
Read reviews and learn more about Beyond Bank term deposits
Go to site -
Term Deposit
No Partner link- Best rate
-
4.30
%
p.a.
for 1 year($1,000 and over)
- Next best option
-
4.30
%
p.a.
for 6 months($1,000 and over)
- interest rates
-
INTEREST RATES P.A. $1,000 and over 3 months 4.15% 4 months 0.70% 5 months 0.70% 6 months 4.30% 7 months 1.20% 9 months 4.20% 11 months 1.10% 1 year 4.30% 18 months 0.65% 2 years 1.60% 3 years 1.60% 4 years 0.65% 5 years 0.65% Rates are shown for interest paid at maturity for terms less than 1 year, and annually or at maturity for terms of 1 year or more.
- Can interest be paid to another bank?
-
no
- Automatic rollover
-
yes
Read reviews and learn more about Gateway Bank term deposits
-
Term Deposit
Go to site- Best rate
-
4.30
%
p.a.
for 4 months($5,000 to $1,000,000)
- Next best option
-
4.15
%
p.a.
for 11 months($5,000 to $1,000,000)
- Terms range from 2 months to 5 years
- Interest paid at maturity or regularly (monthly, quarterly, or annually)
- No monthly account fees
- interest rates
-
INTEREST RATES P.A. $5,000 to $1,000,000 2 months 1.60% 3 months 4.00% 4 months 4.30% 5 months 4.00% 6 months 3.90% 7 months 3.70% 8 months 3.70% 9 months 3.80% 10 months 3.45% 11 months 4.15% 1 year 3.70% 13 months 3.40% 18 months 3.40% 2 years 3.40% 3 years 3.35% 4 years 3.35% 5 years 3.35% Rates are shown for interest paid at maturity for terms less than 1 year, and annually or at maturity for terms of 1 year or more.
- Can interest be paid to another bank?
-
yes
- Automatic rollover
-
yes
Read reviews and learn more about P&N Bank term deposits
Go to site -
New Deposit Special
No Partner link- Best rate
-
4.30
%
p.a.
for 1 year($5,000 to $1,999,999)
- Next best option
-
3.55
%
p.a.
for 6 months($50,000 to $1,999,999)
- interest rates
-
INTEREST RATES P.A. $5,000 to $1,999,999 $5,000 to $49,999 $50,000 to $1,999,999 6 months - 3.50% 3.55% 1 year 4.30% - - Rates are shown for interest paid at maturity for terms less than 1 year, and annually or at maturity for terms of 1 year or more.
- Can interest be paid to another bank?
-
yes
- Automatic rollover
-
yes
Read reviews and learn more about
-
Term Deposit - Special Offer
No Partner link- Best rate
-
4.25
%
p.a.
for 1 year($1,000 to $2,000,000)
- Next best option
-
No other rates match this filter
- interest rates
-
INTEREST RATES P.A. $1,000 to $2,000,000 1 year 4.25% Rates are shown for interest paid at maturity for terms less than 1 year, and annually or at maturity for terms of 1 year or more.
- Can interest be paid to another bank?
-
yes
- Automatic rollover
-
yes
Read reviews and learn more about Bank of Melbourne term deposits
-
Term Deposit - Special Offer
No Partner link- Best rate
-
4.25
%
p.a.
for 1 year($1,000 to $2,000,000)
- Next best option
-
No other rates match this filter
- interest rates
-
INTEREST RATES P.A. $1,000 to $2,000,000 1 year 4.25% Rates are shown for interest paid at maturity for terms less than 1 year, and annually or at maturity for terms of 1 year or more.
- Can interest be paid to another bank?
-
yes
- Automatic rollover
-
yes
Read reviews and learn more about BankSA term deposits
-
Term Deposit
No Partner link- Best rate
-
4.25
%
p.a.
for 9 months($1,000 and over)
- Next best option
-
4.25
%
p.a.
for 5 months($1,000 and over)
- interest rates
-
INTEREST RATES P.A. $1,000 and over 3 months 2.90% 4 months 3.00% 5 months 4.25% 6 months 3.50% 7 months 4.00% 8 months 2.95% 9 months 4.25% 10 months 2.95% 11 months 2.95% 1 year 3.45% 2 years 2.90% 3 years 2.90% 4 years 2.90% 5 years 2.90% Rates are shown for interest paid at maturity for terms less than 1 year, and annually or at maturity for terms of 1 year or more.
- Can interest be paid to another bank?
-
no
- Automatic rollover
-
yes
Read reviews and learn more about Credit Union SA term deposits
-
Term Deposit
No Partner link- Best rate
-
4.25
%
p.a.
for 1 year($5,000 to $1,000,000)
- Next best option
-
4.25
%
p.a.
for 9 months($5,000 to $1,000,000)
- interest rates
-
INTEREST RATES P.A. $5,000 to $1,000,000 $1,000,001 and over 1 month 2.10% 2.10% 2 months 2.10% 2.10% 3 months 4.15% 3.95% 4 months 4.15% 3.90% 6 months 4.25% 4.00% 9 months 4.25% 4.00% 1 year 4.25% 4.00% 2 years 3.60% 3.40% 3 years 3.65% 3.35% 4 years 3.80% 3.50% 5 years 3.80% 3.50% Rates are shown for interest paid at maturity for terms less than 1 year, and annually or at maturity for terms of 1 year or more.
- Can interest be paid to another bank?
-
yes
- Automatic rollover
-
yes
Read reviews and learn more about Macquarie term deposits
-
Term Deposit
No Partner link- Best rate
-
4.25
%
p.a.
for 6 months($500 to $3,000,000)
- Next best option
-
4.20
%
p.a.
for 1 year($500 to $3,000,000)
- interest rates
-
INTEREST RATES P.A. $500 to $3,000,000 3 months 4.15% 6 months 4.25% 9 months 4.20% 1 year 4.20% 18 months 3.55% 2 years 3.80% 3 years 3.80% Rates are shown for interest paid at maturity for terms less than 1 year, and annually or at maturity for terms of 1 year or more.
- Can interest be paid to another bank?
-
no
- Automatic rollover
-
yes
Read reviews and learn more about Bank Australia term deposits
-
Term Deposit
No Partner link- Best rate
-
4.25
%
p.a.
for 6 months($5,000 to $1,000,000)
- Next best option
-
4.20
%
p.a.
for 1 year($5,000 to $1,000,000)
- interest rates
-
INTEREST RATES P.A. $2,000 to $1,000,000 $5,000 to $1,000,000 3 months 4.15% - 6 months - 4.25% 9 months - 4.20% 1 year - 4.20% 2 years - 3.80% 3 years - 3.80% Rates are shown for interest paid at maturity for terms less than 1 year, and annually or at maturity for terms of 1 year or more.
- Can interest be paid to another bank?
-
no
- Automatic rollover
-
yes
Read reviews and learn more about Qudos Bank term deposits
-
Advance Notice Term Deposit
No Partner link- Best rate
-
4.25
%
p.a.
for 8 months($5,000 to $1,999,999)
- Next best option
-
3.65
%
p.a.
for 18 months($5,000 to $1,999,999)
- interest rates
-
INTEREST RATES P.A. $5,000 to $1,999,999 1 month 1.20% 2 months 1.45% 3 months 2.70% 4 months 2.80% 5 months 2.90% 6 months 2.95% 7 months 3.10% 8 months 4.25% 9 months 3.20% 10 months 3.25% 11 months 3.30% 1 year 3.65% 13 months 3.65% 18 months 3.65% 2 years 3.40% 3 years 2.90% 4 years 2.90% 5 years 2.90% Rates are shown for interest paid at maturity for terms less than 1 year, and annually or at maturity for terms of 1 year or more.
- Can interest be paid to another bank?
-
no
- Automatic rollover
-
yes
Read reviews and learn more about ANZ term deposits
-
Special
No Partner link- Best rate
-
4.20
%
p.a.
for 8 months($50,000 to $1,000,000)
- Next best option
-
No other rates match this filter
- interest rates
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INTEREST RATES P.A. $50,000 to $1,000,000 8 months 4.20% Rates are shown for interest paid at maturity for terms less than 1 year, and annually or at maturity for terms of 1 year or more.
- Can interest be paid to another bank?
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no
- Automatic rollover
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yes
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* Different interest rates apply to different amounts or different interest payment frequencies.
^See information about the Mozo Experts Choice Term Deposit Awards
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