Savings account vs term deposit
Darling Downs Bank Cash Manager Online vs term deposit
3.15% a year
5.05% a year for 1 year
Compare on
Interest over 1 year on $50,000
$1,575
3.15% a year
$2,525
5.05% a year · paid at maturity
Over 1 year on $50,000, Darling Downs Bank Cash Manager Online pays $1,575; Darling Downs Bank's 12-month term deposit pays $2,525.
Worked out on $50,000 until you pick a balance
Darling Downs BankCASH MANAGER ONLINE
Darling Downs BankTerm deposit
Figure by figure
Interest over 1 year
on $50,000
$1,575
nothing to do each month
$2,525
paid at maturity
+$950 · More interest over the term
Rate over the term
a year, on $50,000
3.15%
5.05%
fixed for the term
+1.90 · Higher rate over the term
Asked of you each month
Nothing
Nothing
the money stays put
Getting the money out
Any time
no notice needed
Locked for 1 year
31 days’ notice to break it early, usually at a lower rate
Can the rate change?
Yes, at any time
the bank sets it
No
fixed for 1 year
Minimum to open
None
$2,000
up to $500,000
The same on both
Nothing to compare in these: both say the same.
- AnyoneWho can open it
How they differ
- A savings rate can change at any time. Darling Downs Bank Cash Manager Online's figure holds today's rate for 1 year.
- A term deposit's rate is fixed for the term, but the money is locked in: breaking it early needs 31 days' notice and usually costs some of the interest.
- Both are covered by the Financial Claims Scheme, up to $250,000 per person at each bank. Money in both at Darling Downs Bank shares that one $250,000.
Darling Downs Bank Fixed Term Deposits at every term
The rate the balance above gets at each term, and the interest it pays over that term.
1 monthPaid at maturity1.55%$65
2 monthsPaid at maturity1.80%$150
4 monthsPaid at maturity3.80%$633
5 monthsPaid at maturity3.80%$792
7 monthsPaid at maturity3.85%$1,123
8 monthsPaid at maturity3.85%$1,283
9 monthsPaid at maturity4.60%$1,725
10 monthsPaid at maturity4.20%$1,750
11 monthsPaid at maturity4.15%$1,902
1 yearPaid at maturity5.05%$2,525
18 monthsPaid annually4.60%$3,450
As of 13 November 2026, over 1 year on $50,000, Darling Downs Bank Cash Manager Online pays $1,575 with nothing to do each month; Darling Downs Bank's 12-month term deposit pays $2,525 at 5.05%. Figures are the bank's published rates, worked out on the balance above as simple interest. Each row says which figure is higher; it doesn't say which one suits you.