(interest paid monthly)Īll rates and product info correct as at 7 December What is a term deposit? Judo Bank's Personal Term Deposit - 60 months: 5.20% p.a.Judo Bank's Personal Term Deposit - 36 months: 5.35% p.a.Judo Bank’s Personal Term Deposit - 24 months: 5.25% p.a.Judo Bank’s Personal Term Deposit - 12 months: 5.35% p.a.Firstmac’s Term Deposit - 6 months: 5.15% p.a.Here are some of the top term deposit offers this month on : Meanwhile, the average three-year term deposit was paying only 4.00% p.a - just 0.15% higher than the average six-month rate of 3.85% p.a! According to RBA data, the average one-year term deposit rate on offer from the five largest banks in September was 4.60% p.a.
Meanwhile, one- and two-year term deposits are still paying higher interest rates than longer terms of three to five years. Judo Bank is the dominant player on the term deposit market, offering the top rates for most term lengths. Hot December Term Deposit Rates and Deals
