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Best 1 Year Rate

The highest 12-month term deposit rates available right now

📅

Best 1 Year Rate

#1
🏦
Term Deposit 12 months
Bank AustraliaLive
5.50%1 year
+

Rate Details

Interest rate5.50%
Term1 year
Interest paidAnnually

Details

💰Minimum deposit
$500
📊Maximum deposit
$1,000,000
Early withdrawal
Allowed
Early Withdrawal: If you want to withdraw your TD prior to maturity, you are required to provide 31 days' prior notice. You may incur an interest adjustment and a Term Deposit early withdrawal admin fee.
🔄Compounding
monthly
#2
🏦
Term Deposit 12 months
Bank AustraliaLive
5.50%1 year
+

Rate Details

Interest rate5.50%
Term1 year
Interest paidAnnually

Details

💰Minimum deposit
$500
📊Maximum deposit
$1,000,000
Early withdrawal
Allowed
Early Withdrawal: If you want to withdraw your TD prior to maturity, you are required to provide 31 days' prior notice. You may incur an interest adjustment and a Term Deposit early withdrawal admin fee.
🔄Compounding
monthly
#3
🏦
12 Month Term Deposit Special
CommFCULive
5.40%1 year
+

Rate Details

Interest rate5.40%
Term1 year
Interest paidAnnually

Details

💰Minimum deposit
$10,000
📊Maximum deposit
$2,000,000
🚫Early withdrawal
Not allowed
🔄Compounding
monthly
#4
🏦
Monthly Term Deposit 12 months
Bank AustraliaLive
5.40%1 year
+

Rate Details

Interest rate5.40%
Term1 year
Interest paidMonthly

Details

💰Minimum deposit
$500
📊Maximum deposit
$1,000,000
Early withdrawal
Allowed
Monthly income term deposit redemptions prior to the expiry of the agreed term will be approved with 31 days' notice. During the notice period, no interest will be earned on the portion of the term deposit being withdrawn and a Term Deposit early withdrawal admin fee may apply.
🔄Compounding
monthly
#5
🏦
Term Deposit
HeartlandLive
5.40%1 year
+

Rate Details

Interest rate5.40%
Term1 year
Interest paidAnnually

Details

💰Minimum deposit
$5,000
🚫Early withdrawal
Not allowed
🔄Compounding
monthly
#6
🏦
Monthly Term Deposit 12 months
Bank AustraliaLive
5.40%1 year
+

Rate Details

Interest rate5.40%
Term1 year
Interest paidMonthly

Details

💰Minimum deposit
$500
📊Maximum deposit
$1,000,000
Early withdrawal
Allowed
Monthly income term deposit redemptions prior to the expiry of the agreed term will be approved with 31 days' notice. During the notice period, no interest will be earned on the portion of the term deposit being withdrawn and a Term Deposit early withdrawal admin fee may apply.
🔄Compounding
monthly
#7
🏠
ME Go Term Deposit
ME Bank - ME GoLive
5.37%1 year
+

Rate Details

Interest rate5.37%
Term1 year
Interest paidAt maturity

Details

💰Minimum deposit
$0
Early withdrawal
Allowed
31 days prior notice required if you want to access your funds prior to the maturity date with an Early Withdrawal Interest Adjustment
🔄Compounding
monthly
#8
🏦
Personal Term Deposits
Judo BankLive
5.35%1 year
+

Rate Details

Interest rate5.35%
Term1 year
Interest paidAnnually

Details

💰Minimum deposit
$0
🚫Early withdrawal
Not allowed
🔄Compounding
monthly
#9
🏦
Term Deposit
RACQ BankLive
5.35%1 year
+

Rate Details

Interest rate5.35%
Term1 year
Interest paidAnnually

Details

💰Minimum deposit
$0
🚫Early withdrawal
Not allowed
🔄Compounding
monthly
#10
💼
Macquarie Term Deposit
Macquarie Bank LimitedLive
5.35%1 year
+

Rate Details

Interest rate5.35%
Term1 year
Interest paidAnnually

Details

💰Minimum deposit
$0
🚫Early withdrawal
Not allowed
🔄Compounding
monthly
#11
🏦
12MTH FIXED TERM DEPOSIT WEALTH BUILDER
ORANGE CREDIT UNION LTDLive
5.35%1 year
+

Rate Details

Interest rate5.35%
Term1 year
Interest paidAt maturity

Details

💰Minimum deposit
$50,000
📊Maximum deposit
$1,000,000
Early withdrawal
Allowed
Early withdrawal penalty. Minimum 7 days notice is required for an early break in the relevant term, upon which a fee of $30 plus a rate reduction based on: 0 to 30% of term elapsed 30% of the initial rate; 31 to 60% of term elapsed 60% of the initial rate; 61 to 90% of term elapsed 90% of the initial rate will be applicable.
🔄Compounding
monthly
#12
💼
Macquarie Term Deposit
Macquarie Bank LimitedLive
5.35%1 year
+

Rate Details

Interest rate5.35%
Term1 year
Interest paidAnnually

Details

💰Minimum deposit
$0
🚫Early withdrawal
Not allowed
🔄Compounding
monthly
#13
💼
Macquarie Term Deposit
Macquarie Bank LimitedLive
5.35%1 year
+

Rate Details

Interest rate5.35%
Term1 year
Interest paidAnnually

Details

💰Minimum deposit
$0
🚫Early withdrawal
Not allowed
🔄Compounding
monthly
#14
🏦
Term Deposit 12 Month
QBANKLive
5.35%1 year
+

Rate Details

Interest rate5.35%
Term1 year
Interest paidAt maturity

Details

💰Minimum deposit
$250,000
📊Maximum deposit
$9,999,999
🚫Early withdrawal
Not allowed
🔄Compounding
monthly
#15
🚀
Term Deposit
MOVE BankLive
5.35%1 year
+

Rate Details

Interest rate5.35%
Term1 year
Interest paidAnnually

Details

💰Minimum deposit
$0
🚫Early withdrawal
Not allowed
🔄Compounding
monthly
#16
💼
Macquarie Term Deposit
Macquarie Bank LimitedLive
5.35%1 year
+

Rate Details

Interest rate5.35%
Term1 year
Interest paidAnnually

Details

💰Minimum deposit
$0
🚫Early withdrawal
Not allowed
🔄Compounding
monthly
#17
🏦
MATURITY TERM DEPOSIT
Auswide Bank LtdLive
5.30%1 year
+

Rate Details

Interest rate5.30%
Term1 year
Interest paidAnnually

Details

💰Minimum deposit
$500
📊Maximum deposit
$4,999
🚫Early withdrawal
Not allowed
🔄Compounding
monthly
#18
💳
Personal Term Deposits
INGLive
5.30%1 year
+

Rate Details

Interest rate5.30%
Term1 year
Interest paidAt maturity

Details

💰Minimum deposit
$0
🚫Early withdrawal
Not allowed
🔄Compounding
monthly
#19
☀️
Term Deposit
Suncorp BankLive
5.30%1 year
+

Rate Details

Interest rate5.30%
Term1 year
Interest paidAnnually

Details

💰Minimum deposit
$1,000,000
📊Maximum deposit
$2,000,000
🚫Early withdrawal
Not allowed
🔄Compounding
monthly
#20
🏦
MATURITY TERM DEPOSIT
Auswide Bank LtdLive
5.30%1 year
+

Rate Details

Interest rate5.30%
Term1 year
Interest paidAnnually

Details

💰Minimum deposit
$4,999.01
📊Maximum deposit
$19,999
🚫Early withdrawal
Not allowed
🔄Compounding
monthly
#21
🏦
MATURITY TERM DEPOSIT
Auswide Bank LtdLive
5.30%1 year
+

Rate Details

Interest rate5.30%
Term1 year
Interest paidAnnually

Details

💰Minimum deposit
$4,999.01
📊Maximum deposit
$19,999
🚫Early withdrawal
Not allowed
🔄Compounding
monthly
#22
🏘️
Term Deposit
Unity BankLive
5.30%1 year
+

Rate Details

Interest rate5.30%
Term1 year
Interest paidAnnually

Details

💰Minimum deposit
$1,000
📊Maximum deposit
$9,999,999
Early withdrawal
Allowed
Early withdrawal may be allowed at the discretion of the Bank on 31 days' notice. Where funds are withdrawn from a term deposit account prior to maturity, a reduction to the interest rate will be applied dependent on the time left until maturity.
🔄Compounding
monthly
#23
🏦
MATURITY TERM DEPOSIT
Auswide Bank LtdLive
5.30%1 year
+

Rate Details

Interest rate5.30%
Term1 year
Interest paidAnnually

Details

💰Minimum deposit
$19,999.01
📊Maximum deposit
$49,999
🚫Early withdrawal
Not allowed
🔄Compounding
monthly
#24
🏦
MATURITY TERM DEPOSIT
Auswide Bank LtdLive
5.30%1 year
+

Rate Details

Interest rate5.30%
Term1 year
Interest paidAnnually

Details

💰Minimum deposit
$500
📊Maximum deposit
$4,999
🚫Early withdrawal
Not allowed
🔄Compounding
monthly
#25
🏦
12 MONTH FIXED TERM
First Option BankLive
5.30%1 year
+

Rate Details

Interest rate5.30%
Term1 year
Interest paidAt maturity

Details

💰Minimum deposit
$1,000
📊Maximum deposit
$9,999,999
🚫Early withdrawal
Not allowed
🔄Compounding
monthly

These rankings rate every term deposits on one figure. Answer a few questions to see the ones that fit you →

As of 16 September 2026, the highest 12-month term deposit rate tracked by BankMate is 5.50% p.a. from Bank Australia (Term Deposit 12 months). How we rank →