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Bank First · Term deposit · 1 term

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1 Year Regular Income Term Deposit

The Bank First 1 Year Regular Income Term Deposit pays up to 5.40% p.a. as of 18 September 2026, over a 12-month term, 12th of 590 12-month deposits tracked by BankMate. Interest is paid monthly, from a $5,000 deposit. Its rates last changed on 18 September 2026.

5.40%p.a. · 1 year

interest monthly; from $5,000

Early withdrawal is not allowed.

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Rates over time

Best rate per term
  • 1 year
  • RBA cash rate
  • Market average · 12-month deposits
4.004.505.005.50MayJunJulAugToday5.40

Changes

3 changes since 9 Apr 2026
  1. 1 Year Regular Income Term Deposit · 12-month 5.20 → 5.40
    +0.20
  2. 1 Year Regular Income Term Deposit · 12-month 5.30 → 5.20
    −0.10
  3. 1 Year Regular Income Term Deposit · 12-month 5.20 → 5.3045 days after the RBA rise to 4.10%
    +0.10

Rates by term

Ranked within each term
1 year
5.40% · #12 of 590 12-month deposits

Deposit

Minimum deposit
$5,000
Maximum deposit
$10,000,000

Interest

Paid
Monthly
Compounding
monthly

Early withdrawal

Before maturity
Not allowed

Compare all term deposits