Term deposits · Side by side
ANZ vs NAB
Each bank at its highest rate for your choices, whichever of its deposits that is.
vs
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Interest on $50,000 for 1 year
$2,650
5.30% a year · paid at maturity
$2,650
5.30% a year · paid at maturity
Both pay about $2,650 over 1 year.
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$50,000 until you say otherwise. Interest at each bank's rate for that amount, simple interest over the term. The government guarantee (the Financial Claims Scheme) covers up to $250,000 per person at each bank.
ANZANZ
NABNAB
Figure by figure
The deposit behind the figures
Advance Notice Term Deposit
1 year · interest paid at maturity
Term Deposit
1 year · interest paid at maturity
Interest rate
a year, on $50,000
5.30%
5.30%
Interest over the term
on $50,000 for 1 year
$2,650
$2,650
How interest can be paid
at 1 year
Monthly, quarterly, half-yearly or at maturity
Monthly, quarterly, half-yearly or at maturity
Who gets the rate
Anyone opening one
Anyone opening one
Deposit amounts
this deposit, every band
$5,000 or more
$5,000–$1,999,999
Breaking it early
A range of rates
With an ANZ Advance Notice Term Deposit, you could potentially earn a higher interest rate in return for giving us 31 days’ notice for early withdrawals. This could help to maximise your savings. There’s a range of rates available for you to consider.
Not described in the bank’s data. Usually 31 days’ notice, at a lower rate.
Terms offered
1 month to 4 years
1 month to 5 years
Every term
The highest rate each side has at each term on $50,000, with the interest it pays.
3 months
3.35%
$419
3.35%
$419
6 months
3.50%
$875
3.50%
$875
9 months
3.75%
$1,406
3.80%
$1,425
0.05 points higher · Higher rate, 9 months
1 year
5.30%
$2,650
5.30%
$2,650
2 years
5.00%
$5,000
5.00%
$5,000
3 years
4.60%
$6,900
0.80 points higher · Higher rate, 3 years
3.80%
$5,700
4 years
4.00%
$8,000
0.20 points higher · Higher rate, 4 years
3.80%
$7,600
5 years
—
Not offered
3.80%
$9,500
Rates over time
The 1 year rate above, a cell a week. A move shows as ▲ or ▼ in the week it happened.
As of 26 October 2026, on $50,000 for 1 year, ANZ pays $2,650 at 5.30%; NAB pays $2,650 at 5.30%. Rates are the banks' own, published through Open Banking, at the amount above. Each row says which figure is higher; it doesn't say which deposit suits you.