MyState term deposits
MyState has one term deposit that BankMate tracks, with 19 options: 15 terms from 1 month to 3 years, interest paid at maturity, monthly or annually.
Term deposit · 15 terms
Regular Term Deposit
5.40%p.a. · 11 months
interest at maturity or annually or monthly; from $5,000
15th of 401 12-month deposits
Rates by term and how interest is paid
- At maturity5.05%
- Monthly–
- Annually–
- Terms
- 1 month to 3 years
- Minimum deposit
- $5,000
- Maximum deposit
- No cap published
- To break it early
- 31 days' notice
- 1 month
- 0.50% · #60 of 62 1-month deposits
- 2 months
- 0.50% · #64 of 68 2-month deposits
- 3 months
- 5.05% · #14 of 164 3-month deposits
- 4 months
- 4.90% · #12 of 88 4-month deposits
- 5 months
- 4.90% · #6 of 79 5-month deposits
- 6 months
- 5.00% · #76 of 180 6-month deposits
- 7 months
- 5.00% · #19 of 92 7-month deposits
- 8 months
- 5.00% · #5 of 81 8-month deposits
- 9 months
- 5.10% · #39 of 149 9-month deposits
- 10 months
- 5.10% · #8 of 86 10-month deposits
- 1 year
- 5.40% · #15 of 401 12-month deposits
- 15 months
- 3.75% · #10 of 25 15-month deposits
- 2 years
- 5.15% · #31 of 255 24-month deposits
- 3 years
- 4.25% · #112 of 221 36-month deposits
- Minimum deposit
- $5,000
- Maximum deposit
- No cap published
- Paid
- At maturity or Annually or Monthly
- Compounding
- daily
- Notice
- 31 days' notice
- Before maturity
- You may withdraw part or all funds prior to maturity, subject to you first providing us with a request no less than 31 calendar days’ prior, unless financial hardship applies. An interest penalty will apply … If you request to withdraw all or part of your funds prior to the maturity date, an interest rate reduction will apply. … In the event of early withdrawal due to death of the customer, interest is paid at the full interest rate.
- Read from
- MyState's own site, 28 October 2026
October 20261 change
- 27Tue
- 2 terms up 0.05 to 0.1027 days after the RBA rise to 4.60%+0.05 to +0.10
3-month, paid at maturity 4.95 5.05 +0.10 11-month, paid at maturity 5.35 5.40 +0.05
September 20261 change
- 15Tue
- 4 terms up 0.15 to 0.20+0.15 to +0.20
3-month, paid at maturity 4.75 4.95 +0.20 6-month, paid at maturity 4.85 5.00 +0.15 9-month, paid at maturity 4.95 5.10 +0.15 12-month, paid at maturity 5.05 5.25 +0.20
August 20261 change
- 26Wed
- 3 terms cut 0.10 to 0.15−0.15 to −0.10
6-month, paid at maturity 5.00 4.85 −0.15 9-month, paid at maturity 5.10 4.95 −0.15 12-month, paid at maturity 5.15 5.05 −0.10
July 20261 change
- 16Thu
- 12-month, paid at maturity: 5.30 → 5.15−0.15
May 20261 change
- 7Thu
- 3 terms up 0.05 to 0.20A day after the RBA rise to 4.35%+0.05 to +0.20
6-month, paid at maturity 4.95 5.00 +0.05 9-month, paid at maturity 5.00 5.10 +0.10 12-month, paid at maturity 5.10 5.30 +0.20
If you have money to invest, and you want reliable investment returns, a term deposit from MyState Bank may be just what you need.
Notes on MyState term deposits
to leave a note.
As of 2 November 2026, MyState has one term deposit product tracked by BankMate, over 15 terms from 1 month to 3 years. Its highest rate is 5.40% p.a. on the Regular Term Deposit for 11 months, 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 27 October 2026. From the provider's Consumer Data Right feed, refreshed nightly.