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Bank Australia · Term deposit · 1 term

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Monthly Term Deposit 6 months

The Bank Australia Monthly Term Deposit 6 months pays up to 5.20% p.a. as of 18 September 2026, over a 6-month term, 13th of 547 6-month deposits tracked by BankMate. Interest is paid monthly, from a $500 deposit. Its rates last changed on 2 September 2026.

5.20%p.a. · 6 months

interest monthly; from $500

Go to Bank Australia

Rates over time

Best rate per term
  • 6 months
  • RBA cash rate
  • Market average · 12-month deposits
4.505.00JunJulAugToday5.20

Changes

2 changes since 12 May 2026
  1. Monthly Term Deposit 6 months · 2 terms up 0.10
    • 6-month 5.105.20
    • 6-month 5.105.20
    +0.10
  2. Monthly Term Deposit 6 months · 2 terms up 0.0514 days after the RBA rise to 4.35%
    • 6-month 5.055.10
    • 6-month 5.055.10
    +0.05

Rates by term

Ranked within each term
6 months
5.20% · #13 of 547 6-month deposits

Deposit

Minimum deposit
$500
Maximum deposit
$1,000,000

Interest

Paid
Monthly
Compounding
monthly

Early withdrawal

Before maturity
Allowed · Monthly income term deposit redemptions prior to the expiry of the agreed term will be approved with 31 days' notice. During the notice period, no interest will be earned on the portion of the term deposit being withdrawn and a Term Deposit early withdrawal admin fee may apply.

About this product

The fixed term deposit making a positive difference to more than just your bank balance.

Compare all term deposits