Term deposit · 10 terms
Income Plus
5.35%p.a. · 6 months
interest at maturity or monthly; from $1,000
5th of 180 6-month deposits
Rates by term and how interest is paid
- At maturity–
- Monthly4.20%
- Terms
- 3 months to 1 year
- Minimum deposit
- $1,000
- Maximum deposit
- No cap published
- To break it early
- 31 days' notice
- 3 months
- 4.20% · #84 of 164 3-month deposits
- 4 months
- 4.20% · #39 of 88 4-month deposits
- 5 months
- 4.20% · #31 of 79 5-month deposits
- 6 months
- 5.35% · #5 of 180 6-month deposits
- 7 months
- 5.30% · #6 of 92 7-month deposits
- 8 months
- 4.20% · #21 of 81 8-month deposits
- 9 months
- 5.25% · #26 of 149 9-month deposits
- 10 months
- 4.20% · #22 of 86 10-month deposits
- 1 year
- 5.30% · #54 of 401 12-month deposits
- Minimum deposit
- $1,000
- Maximum deposit
- No cap published
- Paid
- At maturity or Monthly
- Compounding
- daily
- Notice
- 31 days' notice
- Before maturity
- Term Deposit interest rates are based on the investment remaining in the term deposit for the full term. If you need to withdraw your investment early, the following reduction to your term deposit interest rate will apply: … Portion of term remaining: less than 20% 20%; 20% to 40% 40%; 40% to 60% 60%; 60% to 80% 80%; more than 80% 90%. You must provide us with 31 days' notice to withdraw funds from a term deposit early.
- Read from
- Australian Military Bank's own site, 28 October 2026
October 20261 change
- 21Wed
- 6 terms up 0.30 to 1.8021 days after the RBA rise to 4.60%+0.30 to +1.80
6-month, paid at maturity 3.90 5.35 +1.45 7-month, paid monthly 4.30 5.30 +1.00 9-month, paid at maturity 4.20 5.25 +1.05 10-month, paid monthly 3.90 4.20 +0.30 11-month, paid monthly 3.90 4.20 +0.30 12-month, paid monthly 3.50 5.30 +1.80
August 20261 change
- 20Thu
- 3 terms cut 0.20 to 0.50−0.50 to −0.20
6-month, paid at maturity 4.40 3.90 −0.50 7-month, paid monthly 4.50 4.30 −0.20 12-month, paid monthly 3.70 3.50 −0.20
Make a regular income on your savings with interest paid monthly.
Also from Australian Military Bank: Investment Plus 5.45% p.a. · 6 mo
The Australian Military Bank Income Plus pays up to 5.35% p.a. as of 2 November 2026, over a 6-month term, 5th of 180 6-month deposits tracked by BankMate. It is offered over ten terms from 3 months to 1 year, with interest paid at maturity or monthly, from a $1,000 deposit. Its rates last changed on 21 October 2026. From the provider's Consumer Data Right feed, refreshed nightly.