Term deposit · 4 terms

Limited Offer Term Deposit

5.35%p.a. · 1 year

interest at maturity or annually; from $1,000

39th of 401 12-month deposits

Rates by term and how interest is paid

  • At maturity4.60%
  • Annually–
Terms
3 months to 18 months
Minimum deposit
$1,000
Maximum deposit
$1,000,000
Compare all 294 term deposits

3 months
4.60% · #60 of 164 3-month deposits
6 months
5.20% · #36 of 180 6-month deposits
1 year
5.35% · #39 of 401 12-month deposits
18 months
5.35% · #3 of 86 18-month deposits

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

Paid
At maturity or Annually
Compounding
daily

Before maturity
You have a right to early withdrawal of the term deposit in whole or in part, but only on giving written notice. BankWAW shall have the right to adjust the interest rate on the amount withdrawn to 0.01% at the date of the written request. The reduced interest rate will apply to the amount withdrawn early from the commencement of the term until the date of early withdrawal. … Deceased accounts do not incur an interest rate penalty.
Read from
bankWAW's own site, 28 October 2026

October 20261 change

  1. 28Wed
    • 4 terms up 0.10 to 0.2028 days after the RBA rise to 4.60%
      3-month, paid at maturity4.504.60+0.10
      6-month, paid at maturity5.005.20+0.20
      12-month, paid at maturity5.205.35+0.15
      18-month, paid annually5.205.35+0.15
      +0.10 to +0.20

May 20261 change

  1. 20Wed
    • 18-month, paid annually: 4.60 → 5.2014 days after the RBA rise to 4.35%
      +0.60

Also from bankWAW: Term Deposit 3.75% p.a. · 18 mo

The bankWAW Limited Offer Term Deposit pays up to 5.35% p.a. as of 1 November 2026, over a 12-month term, 39th of 401 12-month deposits tracked by BankMate. It is offered over four terms from 3 months to 18 months, with interest paid at maturity or annually, from a $1,000 deposit. Its rates last changed on 28 October 2026. From the provider's Consumer Data Right feed, refreshed nightly.