Term Deposit 3 Months

Invest with peace of mind knowing your rate is locked in for the term

Term depositsBank updated 12 Aug 2026

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At a glance

Best rate: 4.50% for 3m
Min deposit: $5,000

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.

Typical 4.60%

1%1.5%2%2.5%3%3.5%4%4.5%5%

This term deposit: 4.50%Every other institution's highest, 54 in all

Best rate for 3 months. One dot per institution, at its highest 3-month term deposit rate anyone can apply for; hover or tap a dot for its name.

Rate	This term deposit	Best anywhere	Typical institution	Where it sits
3-month term depositBest rate for 3 months	4.50%	5.30%Heartland Bank's Broker Term Deposit	4.60%of 55 institutions	31st highest of 55, level with one other

Rates

The one rate BankVic publishes for this term deposit.

Type	Applies to	Term	Band	Rate	Comparison	Conditions
FixedInterest paid at maturity	-	3 mo	$5,000–$10,000,000	4.50%	-	paid at maturity

Fees

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

When you make a transaction1

TERM_DEPOSIT_-_EARLY_REDEMPTION_CHARGES
We do not charge a fee for early withdrawal, however, we will reduce the interest rate to the rate payable on the Everyday account.
No fee

Features

Digital banking

Eligibility and limits

Residency: Australian Citizen
Minimum balance $5,000
BankVic Member

Compare it with others

All term deposits Other BankVic term deposits Everything BankVic publishes

Put this product through a calculator

Published by BankVic under the Consumer Data Right, last changed by them on 12 Aug 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.