Alex.BankTerm Deposit - Partners
Alex gets you a competitive interest rate on your term deposit. Origination via accredited deposit intermediaries only.
Term depositsBank updated 30 Oct 2026
At a glance
- Best rate
- 5.30% for 12m
- 12 months
- 5.30%
- Min deposit
- $10,000
How it compares
This term deposit in ink, against the best that every other institution publishes for anyone to apply for. Each figure is counted the same way for all of them.
| Rate | This term deposit | Best anywhere | Typical institution | Where it sits |
|---|---|---|---|---|
| 6-month term depositBest rate for 6 months | 5.10% | 5.47%Heartland Bank's Broker Term Deposit | 5.10%of 63 institutions | 29th highest of 63, level with 6 others |
| 12-month term depositBest rate for 12 months | 5.30% | 5.75%Suncorp Bank's Term Deposit | 5.30%of 65 institutions | 27th highest of 65, level with 15 others |
| 2-year term depositBest rate for 2 years | 5.00% | 5.60%Judo Bank's Personal Term Deposits | 4.90%of 55 institutions | 17th highest of 55, level with 9 others |
| 3-year term depositBest rate for 3 years | 5.00% | 5.60%Judo Bank's Personal Term Deposits | 4.25%of 44 institutions | 9th highest of 44, level with 4 others |
| 5-year term depositBest rate for 5 years | 5.00% | 5.65%Judo Bank's Personal Term Deposits | 4.00%of 27 institutions | 7th highest of 27, level with 2 others |
Rates
Every rate Alex.Bank publishes for this term deposit, 14 in all.
Its best rate at each term
- 6 motypical 5.10%5.10%
- 9 mo4.75%
- 1 yrtypical 5.30%5.30%
- 18 mo5.00%
- 2 yrstypical 4.90%5.00%
- 3 yrstypical 4.25%5.00%
- 4 yrs5.00%
- 5 yrstypical 4.00%5.00%
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| FixedInterest Paid Monthly | - | 1 yr | $10,000–$250,000 | 5.20% | - | paid every 1 mo |
| FixedInterest Paid at Maturity | - | 1 yr | $10,000–$250,000 | 5.30% | - | paid at maturity; paid every 1 yr |
| FixedInterest Paid Monthly | - | 18 mo | $10,000–$250,000 | 4.90% | - | paid every 1 mo |
| FixedInterest Paid Annually | - | 18 mo | $10,000–$250,000 | 5.00% | - | paid every 1 yr |
| FixedInterest Paid Monthly | - | 2 yrs | $10,000–$250,000 | 4.90% | - | paid every 1 mo |
| FixedInterest Paid Annually | - | 2 yrs | $10,000–$250,000 | 5.00% | - | paid every 1 yr |
| FixedInterest Paid Monthly | - | 3 yrs | $10,000–$250,000 | 4.90% | - | paid every 1 mo |
| FixedInterest Paid Annually | - | 3 yrs | $10,000–$250,000 | 5.00% | - | paid every 1 yr |
| FixedInterest Paid Monthly | - | 4 yrs | $10,000–$250,000 | 4.90% | - | paid every 1 mo |
| FixedInterest Paid Annually | - | 4 yrs | $10,000–$250,000 | 5.00% | - | paid every 1 yr |
| FixedInterest Paid at Maturity | - | 6 mo | $10,000–$250,000 | 5.10% | - | paid at maturity; paid every 6 mo |
| FixedInterest Paid Monthly | - | 5 yrs | $10,000–$250,000 | 4.90% | - | paid every 1 mo |
| FixedInterest Paid Annually | - | 5 yrs | $10,000–$250,000 | 5.00% | - | paid every 1 yr |
| FixedInterest Paid at Maturity | - | 9 mo | $10,000–$250,000 | 4.75% | - | paid at maturity; paid every 9 mo |
Rate changes
10 changes logged, newest first.
| Date | Rate | Was | Now | Change |
|---|---|---|---|---|
| 30 Oct 2026 | Fixed, 1 yr, $10,000–$250,000 | 5.30% | 5.20% | down 0.10 |
| 30 Oct 2026 | Fixed, 1 yr, $10,000–$250,000 | 5.40% | 5.30% | down 0.10 |
| 20 Oct 2026 | Fixed, 6 mo, $10,000–$250,000 | 4.90% | 5.10% | up 0.20 |
| 13 Oct 2026 | Fixed, 6 mo, $10,000–$250,000 | 5.10% | 4.90% | down 0.20 |
| 2 Oct 2026 | Fixed, 1 yr, $10,000–$250,000 | 5.15% | 5.30% | up 0.15 |
| 2 Oct 2026 | Fixed, 1 yr, $10,000–$250,000 | 5.25% | 5.40% | up 0.15 |
| 2 Oct 2026 | Fixed, 6 mo, $10,000–$250,000 | 4.95% | 5.10% | up 0.15 |
| 24 Sept 2026 | Fixed, 1 yr, $10,000–$250,000 | 5.05% | 5.15% | up 0.10 |
| 24 Sept 2026 | Fixed, 1 yr, $10,000–$250,000 | 5.15% | 5.25% | up 0.10 |
| 24 Sept 2026 | Fixed, 6 mo, $10,000–$250,000 | 4.80% | 4.95% | up 0.15 |
Each change is logged the night it appears in the rates Alex.Bank publishes. See how every lender answered the RBA on the rate tracker.
Fees
One fee published, grouped by when they're charged.
While you hold it1
- Account Keeping FeeNo fee
Features
- Reinvest Principal and Interest, Reinvest Principal and Payout Interest, Payout Principal and Interest.
- At Maturity, Annually, Monthly.
- 7 calendar days from the date of reinvestment.
- 31 calendar days' advance notice in writing unless financial hardship applies. An interest or principal adjustment may be applicable.
Eligibility and limits
- Minimum age 18
- Residency: Individuals must be an Australian Citizen or Permanent Resident.
- Minimum balance $10,000
- Individual, Joint (max of 2 individuals), Sole Trader, Trust (max 1 company trustee and/or up to 4 individual trustees), Self-Managed Superannuation Fund, Australian Registered Company
- Origination via accredited deposit intermediaries only.
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Published by Alex.Bank under the Consumer Data Right, last changed by them on 30 Oct 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.