Australia's Highest Term Deposit

Rates in One Place

A fixed term deposit is a secure investment where you deposit money for a set period at a guaranteed interest rate. Your rate is locked in for the entire term, providing predictable, risk-free returns. It's backed by APRA-regulated institutions.

Current rates range from 4.5% to 9.25% P.A., depending on your investment amount and term length. Longer terms and larger deposits typically command higher rates. Use our comparison tool to find the best available rates.

All deposits with APRA-regulated institutions are protected by the Australian Government's Financial Claims Scheme up to $250,000 per account holder per institution. This is a government guarantee that protects your investment.

Minimum investment amounts vary by institution, typically ranging from $1,000 to $50,000. Our comparison service helps you find options that match your specific investment amount and goals.

Early withdrawal is generally possible but may incur penalties or result in reduced interest rates. Terms vary by institution, so review conditions carefully before committing. Some products offer more flexibility.

Most applications are processed within 1-3 business days. Once approved, your funds are locked in and begin earning interest immediately. The entire process is streamlined and can be done online.