NAB term deposits

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As of 18 September 2026, NAB has one term deposit product tracked by BankMate, over 22 terms from 3 months to 2 years. Its highest rate is 5.20% p.a. on the NAB Term Deposit for 1 year, 97th of 590 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 15 September 2026.

Best rate: 5.20%; 1 year · NAB Term Deposit
Market rank: #97; of 590 12-month deposits
Terms: 22; 1 product
Last change: 15 Sept 2026; 6 changes on record

Rates over time

Best 12-month rate per product

NAB Term Deposit
RBA cash rate
Market average · 12-month deposits

What changed

6 changes since 9 Apr 2026

15 Sept 2026
NAB Term Deposit · 6 terms moved in both directions
- 9-month 5.00 → 3.70
- 12-month 5.15 → 5.20
- 12-month 5.15 → 5.20
- 12-month 5.15 → 5.20
- 12-month 5.05 → 5.10
- 12-month 5.05 → 5.10
mixed
22 Aug 2026
NAB Term Deposit · 54 terms cut 0.10 to 0.20
- 9-month 5.10 → 5.00
- 12-month 5.25 → 5.15
- 12-month 5.25 → 5.15
- 12-month 5.25 → 5.15
- 12-month 5.15 → 5.05
- 12-month 5.15 → 5.05
- 13-month 5.20 → 5.00
- 13-month 5.20 → 5.00
- 13-month 5.10 → 4.90
- 13-month 5.10 → 4.90
- 14-month 5.20 → 5.00
- 14-month 5.20 → 5.00
- 14-month 5.10 → 4.90
- 14-month 5.10 → 4.90
- 15-month 5.20 → 5.00
- 15-month 5.20 → 5.00
- 15-month 5.10 → 4.90
- 15-month 5.10 → 4.90
- 16-month 5.20 → 5.00
- 16-month 5.20 → 5.00
- 16-month 5.10 → 4.90
- 16-month 5.10 → 4.90
- 17-month 5.20 → 5.00
- 17-month 5.20 → 5.00
- 17-month 5.10 → 4.90
- 17-month 5.10 → 4.90
- 18-month 5.20 → 5.00
- 18-month 5.20 → 5.00
- 18-month 5.10 → 4.90
- 18-month 5.10 → 4.90
- 19-month 5.20 → 5.00
- 19-month 5.20 → 5.00
- 19-month 5.10 → 4.90
- 19-month 5.10 → 4.90
- 20-month 5.20 → 5.00
- 20-month 5.20 → 5.00
- 20-month 5.10 → 4.90
- 20-month 5.10 → 4.90
- 21-month 5.20 → 5.00
- 21-month 5.20 → 5.00
- 21-month 5.10 → 4.90
- 21-month 5.10 → 4.90
- 22-month 5.20 → 5.00
- 22-month 5.20 → 5.00
- 22-month 5.10 → 4.90
- 22-month 5.10 → 4.90
- 23-month 5.20 → 5.00
- 23-month 5.20 → 5.00
- 23-month 5.10 → 4.90
- 23-month 5.10 → 4.90
- 24-month 5.20 → 5.00
- 24-month 5.20 → 5.00
- 24-month 5.10 → 4.90
- 24-month 5.10 → 4.90
mixed
5 June 2026
NAB Term Deposit · 9-month 3.70 → 5.1030 days after the RBA rise to 4.35%
+1.40
26 May 2026
NAB Term Deposit · 5 terms up 0.0520 days after the RBA rise to 4.35%
- 12-month 5.20 → 5.25
- 12-month 5.20 → 5.25
- 12-month 5.20 → 5.25
- 12-month 5.10 → 5.15
- 12-month 5.10 → 5.15
+0.05
6 May 2026
NAB Term Deposit · 50 terms up 0.10 to 0.20The day of the RBA rise to 4.35%
- 12-month 5.10 → 5.20
- 12-month 5.10 → 5.20
- 12-month 5.10 → 5.20
- 12-month 5.00 → 5.10
- 12-month 5.00 → 5.10
- 13-month 5.10 → 5.20
- 13-month 5.10 → 5.20
- 13-month 5.00 → 5.10
- 13-month 5.00 → 5.10
- 14-month 5.10 → 5.20
- 14-month 5.10 → 5.20
- 14-month 5.00 → 5.10
- 14-month 5.00 → 5.10
- 15-month 5.10 → 5.20
- 15-month 5.10 → 5.20
- 15-month 5.00 → 5.10
- 15-month 5.00 → 5.10
- 16-month 5.10 → 5.20
- 16-month 5.10 → 5.20
- 16-month 5.00 → 5.10
- 16-month 5.00 → 5.10
- 17-month 5.10 → 5.20
- 17-month 5.10 → 5.20
- 17-month 5.00 → 5.10
- 17-month 5.00 → 5.10
- 18-month 5.10 → 5.20
- 18-month 5.10 → 5.20
- 18-month 5.00 → 5.10
- 18-month 5.00 → 5.10
- 19-month 5.10 → 5.20
- 19-month 5.10 → 5.20
- 19-month 5.00 → 5.10
- 19-month 5.00 → 5.10
- 20-month 5.10 → 5.20
- 20-month 5.10 → 5.20
- 20-month 5.00 → 5.10
- 20-month 5.00 → 5.10
- 21-month 5.10 → 5.20
- 21-month 5.10 → 5.20
- 21-month 5.00 → 5.10
- 21-month 5.00 → 5.10
- 22-month 5.10 → 5.20
- 22-month 5.10 → 5.20
- 22-month 5.00 → 5.10
- 22-month 5.00 → 5.10
- 23-month 5.10 → 5.20
- 23-month 5.10 → 5.20
- 23-month 5.00 → 5.10
- 23-month 5.00 → 5.10
- 24-month 5.00 → 5.20
mixed
11 Apr 2026
NAB Term Deposit · 49 terms up 0.1024 days after the RBA rise to 4.10%
- 12-month 5.00 → 5.10
- 12-month 5.00 → 5.10
- 12-month 5.00 → 5.10
- 12-month 4.90 → 5.00
- 12-month 4.90 → 5.00
- 13-month 5.00 → 5.10
- 13-month 5.00 → 5.10
- 13-month 4.90 → 5.00
- 13-month 4.90 → 5.00
- 14-month 5.00 → 5.10
- 14-month 5.00 → 5.10
- 14-month 4.90 → 5.00
- 14-month 4.90 → 5.00
- 15-month 5.00 → 5.10
- 15-month 5.00 → 5.10
- 15-month 4.90 → 5.00
- 15-month 4.90 → 5.00
- 16-month 5.00 → 5.10
- 16-month 5.00 → 5.10
- 16-month 4.90 → 5.00
- 16-month 4.90 → 5.00
- 17-month 5.00 → 5.10
- 17-month 5.00 → 5.10
- 17-month 4.90 → 5.00
- 17-month 4.90 → 5.00
- 18-month 5.00 → 5.10
- 18-month 5.00 → 5.10
- 18-month 4.90 → 5.00
- 18-month 4.90 → 5.00
- 19-month 5.00 → 5.10
- 19-month 5.00 → 5.10
- 19-month 4.90 → 5.00
- 19-month 4.90 → 5.00
- 20-month 5.00 → 5.10
- 20-month 5.00 → 5.10
- 20-month 4.90 → 5.00
- 20-month 4.90 → 5.00
- 21-month 5.00 → 5.10
- 21-month 5.00 → 5.10
- 21-month 4.90 → 5.00
- 21-month 4.90 → 5.00
- 22-month 5.00 → 5.10
- 22-month 5.00 → 5.10
- 22-month 4.90 → 5.00
- 22-month 4.90 → 5.00
- 23-month 5.00 → 5.10
- 23-month 5.00 → 5.10
- 23-month 4.90 → 5.00
- 23-month 4.90 → 5.00
+0.10

Term deposits

Best rate per product, by term · ranked within each term

NAB Term Deposit
interest annually or quarterly or monthly · from $5,000 · 22 terms
3 mo 3.35%6 mo 3.55%9 mo 3.70%1 yr 5.20%2 yr 5.00%14 mo 5.00%15 mo 5.00%16 mo 5.00%17 mo 5.00%18 mo 5.00%19 mo 5.00%20 mo 5.00%21 mo 5.00%
5.20%#97 of 590

Rank compares deposits within the same headline term, as the Term deposit report does. Compare all term deposits

Notes on NAB term deposits

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