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Bank First · Term deposit · 1 term
Live1 Year Term Deposit
The Bank First 1 Year Term Deposit pays up to 5.50% p.a. as of 18 September 2026, over a 12-month term, 1st of 590 12-month deposits tracked by BankMate. Interest is paid at maturity, from a $500 deposit. Its rates last changed on 18 September 2026.
5.50%p.a. · 1 year
interest at maturity; from $500
Early withdrawal is not allowed.
Rates over time
Best rate per term- 1 year
- RBA cash rate
- Market average · 12-month deposits
Changes
1 change since 9 Apr 2026- 1 Year Term Deposit · 12-month 5.30 → 5.50+0.20
Rates by term
Ranked within each term- 1 year
- 5.50% · #1 of 590 12-month deposits
Deposit
- Minimum deposit
- $500
- Maximum deposit
- $10,000,000
Interest
- Paid
- At maturity
- Compounding
- monthly
Early withdrawal
- Before maturity
- Not allowed