The highest term deposit rates at the big four banks.
- First5.30%p.a. for 1 yearStandard Term DepositCommonwealth BankInterest at maturity · From $5,000 · Up to $10,000Go to site
- Second5.30%p.a. for 1 yearANZ Advance Notice Term DepositANZInterest at maturity · From $5,000Go to site
- Third5.30%p.a. for 1 yearNAB Term DepositNABInterest at maturity · From $5,000 · Up to $1,999,999Go to site
Ranked by advertised interest rate, highest first, among deposits from Commonwealth Bank, Westpac, ANZ (including ANZ Plus) and NAB. Leaves out every bank outside the big four. Business, SMSF, broker and wholesale term deposits. Compares 4 banks, not the whole market.
The other 1 term deposit
Ranked by advertised interest rate, highest first, among deposits from Commonwealth Bank, Westpac, ANZ (including ANZ Plus) and NAB.
| # | Term deposit | Interest paid | Deposit from | Up to | Big four banks | Links |
|---|---|---|---|---|---|---|
| 4 |  | At maturity | $5,000 | $2,000,000 | 5.20%p.a. for 1 year0.10 below first ranked | Go to site |
- 4Term DepositWestpac5.20%p.a. for 1 year0.10 below first rankedInterest at maturity · From $5,000 · Up to $2,000,000 · Needs a Westpac account
Rates are for new money at the minimum deposit; interest frequency is shown per product.
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Ranked here on the rate. The questions match your amount, your term and how you want the interest paid.
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Every term deposit in one list with every figure. Sort and filter it yourself.
As of 1 November 2026, the highest term deposit rate among Commonwealth Bank, Westpac, ANZ and NAB tracked by BankMate is 5.30% p.a. for 12 months from Commonwealth Bank (Standard Term Deposit). How we rank