Explore some of the best term deposit interest rates

Like most interest rates, term deposit interest rates vary depending on each financial institution, so it's in your best interest to shop around and compare rates to ensure that you are getting the most out of your investment.

Explore our term deposit comparison page to find some of the top rates in the market.

Once you open a term deposit account, your term deposit interest rate is fixed for a certain period of time. During this time you are unable to change the rate, or access your funds easily. Once your term deposit reaches maturity, you can then select to move your investment to another financial institution or term to receive a higher interest rate if available at that time.

This is an information service. By browsing on the website and/or using our search tools, you are asking RateCity to provide you with information about products from multiple financial institutions. We will try to show you a range of products in response to your request for information. The search results do not include all providers and may not compare all features relevant to you, for further details refer to our FSCG. The rating shown is only one factor to take into account when considering these products. We are not a credit provider, and in giving you product information we are not making any suggestion or recommendation to you about a particular credit product. If you decide to apply for a product, you will deal directly with a financial institution, and not with RateCity. Rates and product information should be confirmed with the relevant financial institution, and you should review the PDS before you decide to purchase. See our terms of use for further details. This advice is general and has not taken into account your objectives, financial situation or needs. Consider whether this advice is right for you.