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Coastline Bank · Term deposit · 1 term
LiveI23 Term Deposit 24 Mths
The Coastline Bank I23 Term Deposit 24 Mths pays up to 4.90% p.a. as of 18 September 2026, over a 24-month term, 114th of 394 24-month deposits tracked by BankMate. Interest is paid at maturity, from a $5,000 deposit. Its rates last changed on 15 September 2026.
4.90%p.a. · 2 years
interest at maturity; from $5,000
Rates over time
Best rate per term- 2 years
- RBA cash rate
- Market average · 12-month deposits
Changes
1 change since 21 May 2026- I23 Term Deposit 24 Mths · 3 terms up 0.50+0.50
- 24-month 4.40 → 4.90
- 24-month 4.30 → 4.80
- 24-month 4.20 → 4.70
Rates by term
Ranked within each term- 2 years
- 4.90% · #114 of 394 24-month deposits
Deposit
- Minimum deposit
- $5,000
- Maximum deposit
- No cap published
Interest
- Paid
- At maturity
- Compounding
- monthly
Early withdrawal
- Before maturity
- Allowed · Early Withdrawal: Withdrawals or transfers from the term deposit account before maturity are not permitted except in cases of hardship, for genuine needs and with at least 24 hours' notice. Coastline may consider early release of all or part of the balance once during the term. Note that interest payable will be reduced for early withdrawals. Current penalty rate is set at 1%*. Details of this reduction are available on our deposit interest rate advice on our website.