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Term Deposit

Calculate term deposit interest for RACQ Bank

Deposit amount

Savings term

months

Pros and Cons

Pros:
  • Covered By government guarantee
Cons:
  • Interest cannot be paid to other institution

RACQ Bank term deposit rates

Savings Term
$1,000 - $1,000,000
1 month 1.90%
2 months 1.90%
3 months 2.35%
4 months 2.35%
5 months 2.50%
6 months 2.60%
7 months 2.60%
8 months 2.60%
9 months 2.75%
10 months 2.75%
11 months 2.75%
1 year 2.70%
2 years 2.80%
3 years 3.00%
4 years 3.00%
5 years 3.00%

Features

Fees

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