The Finance Algorithm

At a glance

Best rate
5.40% for 270d
Min deposit
$500

Rates

The one rate Bank First Production publishes for this term deposit.

TypeApplies toTermBandRateComparisonConditions
Fixed-270 days$500–$10,000,0005.40%-paid at maturity

Fees

One fee published, grouped by when they're charged.

When you make a transaction1

  • Term Deposit Early Withdrawal Interest Rate Reduction

    For early withdrawals of a part or full amount of a Term Deposit the interest accrued or paid to that date will reduce as follows: Percentage of Term Remaining 0-19.99% interest reduction = 20%,Term…

    From $0

Features

Digital banking
  • Other service related charges apply based on your circumstances

Eligibility and limits

  • Minimum balance $500
  • Opening balance $500
  • Available to members only

Published by Bank First under the Consumer Data Right, last changed by them on 6 July 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.