The MyState Online Term Deposit pays up to 5.25% p.a. as of 18 September 2026, over a 12-month term, 45th of 590 12-month deposits tracked by BankMate. It is offered over 11 terms from 3 months to 2 years, with interest paid annually or at maturity or quarterly. Its rates last changed on 15 September 2026.
5.25%p.a. · 1 year
interest annually or at maturity or quarterly; from $0
Early withdrawal is not allowed.
Rates over time
Best rate per term- RBA cash rate
- Market average · 12-month deposits
- 3 months
- 6 months
- 9 months
- 1 year
- 2 years
Changes
4 changes since 9 Apr 2026- Online Term Deposit · 4 terms up 0.15 to 0.20mixed
- 3-month 4.75 → 4.95
- 6-month 4.85 → 5.00
- 9-month 4.95 → 5.10
- 12-month 5.05 → 5.25
- Online Term Deposit · 3 terms cut 0.10 to 0.15mixed
- 6-month 5.00 → 4.85
- 9-month 5.10 → 4.95
- 12-month 5.15 → 5.05
- Online Term Deposit · 12-month 5.30 → 5.15−0.15
- Online Term Deposit · 3 terms up 0.05 to 0.20A day after the RBA rise to 4.35%mixed
- 6-month 4.95 → 5.00
- 9-month 5.00 → 5.10
- 12-month 5.10 → 5.30
Rates by term
Ranked within each term- 3 months
- 4.95% · #31 of 369 3-month deposits
- 6 months
- 5.00% · #76 of 547 6-month deposits
- 9 months
- 5.10% · #49 of 500 9-month deposits
- 1 year
- 5.25% · #45 of 590 12-month deposits
- 2 years
- 5.15% · #12 of 394 24-month deposits
Deposit
- Minimum deposit
- $0
- Maximum deposit
- No cap published
Interest
- Paid
- Annually or At maturity or Quarterly
- Compounding
- monthly
Early withdrawal
- Before maturity
- Not allowed
About this product
If you have money to invest, and you want reliable investment returns, a term deposit from MyState Bank may be just what you need.