Geelong Bank term deposits

Geelong Bank has one term deposit that BankMate tracks, with 6 options: three terms from 3 months to 1 year, interest paid at maturity or monthly.

Term deposit · 3 terms

Term Deposit

5.40%p.a. · 1 year

interest at maturity or monthly; from $1,000

15th of 401 12-month deposits

Rates by term and how interest is paid

  • At maturity3.60%
  • Monthly3.30%
Terms
3 months to 1 year
Minimum deposit
$1,000
Maximum deposit
$1,000,000
Compare all 294 term deposits

3 months
3.60% · #98 of 164 3-month deposits
6 months
5.20% · #36 of 180 6-month deposits
1 year
5.40% · #15 of 401 12-month deposits

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

Paid
At maturity or Monthly
Compounding
daily

Before maturity
Withdrawals are not permitted during the term. However, in case of hardship if you withdraw part or all of your investment during the term, an early release request needs to be completed and signed … An answer will be provided within 24 hours of receipt of request. If an early release of funds request is approved and the funds have been invested for more than 75% of the term of the investment there will be no interest penalty. … less than 75% … a penalty interest rate will apply.
Read from
Geelong Bank's own site, 28 October 2026

  • RBA cash rate
  • Market average · 12-month deposits
3.004.005.00MayJulSepToday5.401 year5.206 months3.603 months
  • 3 months
  • 6 months
  • 1 year

November 20261 change

  1. 2Mon
    • 12-month up 0.1033 days after the RBA rise to 4.60%
      12-month, paid at maturity5.305.40+0.10
      12-month, paid monthly5.205.30+0.10
      +0.10

October 20261 change

  1. 7Wed
    • 12-month up 0.05 to 0.157 days after the RBA rise to 4.60%
      12-month, paid at maturity5.255.30+0.05
      12-month, paid monthly5.055.20+0.15
      +0.05 to +0.15

September 20262 changes

  1. 25Fri
    • 12-month, paid at maturity: 5.15 → 5.25
      +0.10
  2. 1Tue
    • 12-month, paid at maturity: 4.80 → 5.15
      +0.35

July 20261 change

  1. 21Tue
    • 2 terms moved in both directions
      6-month, paid at maturity5.055.20+0.15
      6-month, paid monthly4.955.10+0.15
      12-month, paid monthly5.205.05−0.15
      −0.15 to +0.15

May 20262 changes

  1. 8Fri
    • 3 terms up 0.05 to 0.102 days after the RBA rise to 4.35%
      3-month, paid at maturity3.503.60+0.10
      6-month, paid at maturity5.005.05+0.05
      6-month, paid monthly4.904.95+0.05
      12-month, paid monthly5.105.20+0.10
      +0.05 to +0.10
  2. 1Fri
    • 12-month, paid monthly: 5.00 → 5.1044 days after the RBA rise to 4.10%
      +0.10

April 20261 change

  1. 26Sun
    • 3-month, paid at maturity: 2.90 → 3.5039 days after the RBA rise to 4.10%
      +0.60

Take advantage of great returns on our term deposits.

Notes on Geelong Bank term deposits

to leave a note.

As of 2 November 2026, Geelong Bank has one term deposit product tracked by BankMate, over three terms from 3 months to 1 year. Its highest rate is 5.40% p.a. on the Term Deposit for 1 year, 15th of 401 12-month deposits — a term deposit rate means nothing without its term, so each deposit is ranked only against others of the same term. Its rates last changed on 2 November 2026. From the provider's Consumer Data Right feed, refreshed nightly.