Bank AustraliaTerm Deposit 6 months
The fixed term deposit making a positive difference to more than just your bank balance.
At a glance
- Best rate
- 5.40% for 6m
- Min deposit
- $500
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 | 5.40% | 5.47%Heartland Bank's Broker Term Deposit | 5.10%of 63 institutions | 5th highest of 63, level with 2 others |
Rates
Every rate Bank Australia publishes for this term deposit, 2 in all.
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| FixedInterest rates expressed as annual percentage rates. The interest rates shown are for an amount of $500 to $3,000,000 for personal customers. For commercial customers the interest rates shown are for… | - | 6 mo | $500–$1,000,000 | 5.40% | - | paid at maturity |
| FixedInterest rates expressed as annual percentage rates. The interest rates shown are for an amount of $500 to $3,000,000 for personal customers. For commercial customers the interest rates shown are for… | - | 6 mo | $500–$3,000,000 | 5.40% | - | paid at maturity |
Rate changes
2 changes logged, newest first.
| Date | Rate | Was | Now | Change |
|---|---|---|---|---|
| 4 Nov 2026 | Fixed, 6 mo, $500–$1,000,000 | 5.30% | 5.40% | up 0.10 |
| 4 Nov 2026 | Fixed, 6 mo, $500–$3,000,000 | 5.30% | 5.40% | up 0.10 |
Each change is logged the night it appears in the rates Bank Australia publishes. See how every lender answered the RBA on the rate tracker.
Fees
12 fees published, grouped by when they're charged.
While you hold it1
- Dormancy Fee
Administration fee where account has been transferred to dormancy status.
$10 a year
When you make a transaction6
- Inwards Payment fee
International money transfer from overseas (other fees may be charged by participating banks involved in the transaction or settlement). The cost is per transaction.
No fee - Online international payment in foreign currency
This fee is charged when you make an International Payment in foreign currency on-line via Internet banking or Bank Australia app. The cost is per transfer.
$10 - Staff assisted international payment in AUD
This fee is charged when you make an International Payment in AUD via a Branch or the Contact Centre. The cost is per transfer.
$30 - Same day funds transfers within Australia fee (RTGS)
This fee is for a Real Time Gross Settlement (RTGS) payment which refers to the process of transferring money from one bank to another in Australia on a real time and gross basis. The cost is per tra…
$20 - Staff assisted international payment in foreign currency
This fee is charged when you make an International Payment in foreign currency via a Branch or the Contact Centre. The cost is per transfer.
$30 - Term Deposit Early Withdrawal
Any request for early release of funds from the term deposit will be subject to 31 days' notice. If regular access to funds is required, another account may be more suitable. The request for early wi…
No fee
When particular things happen5
- Certificates supplied by the bank
A fee for comprehensive certificates supplied for audit. The cost is $5 per page and $25 per hour.
$5 - Company/business name searches
When we conduct a search of the ASIC register to obtain information about the ownership of a company in administration of an account. The cost is per search.
$40 - Duplicate statement fee
$5 per statement (for period more than 3 months before request). A fee that may be charged if you order a copy of a statement that has already been issued on your account. This fee per statement and…
$5 - Security token fee
When you request that we provide you with a physical Token to provide an additional layer of security when you engage in transactions that carry a higher risk. We do not charge for the virtual token.
$50 - SMS alert fee
This fee is charged when you elect to receive notifications about your account via SMS messages to a mobile telephone number you have given us for contacting you. The cost is per SMS.
$0.25
Features
- 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…
Eligibility and limits
- Residency: AU
- Available to individuals
- Available to businesses
- Minimum balance $500
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Published by Bank Australia under the Consumer Data Right, last changed by them on 4 Nov 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.