Term Deposit 60 Months
Invest with peace of mind knowing your rate is locked in for the term
Term depositsBank updated 12 Aug 2026
At a glance
- Best rate
- 4.20% for 60m
- 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.
| Rate | This term deposit | Best anywhere | Typical institution | Where it sits |
|---|---|---|---|---|
| 5-year term depositBest rate for 5 years | 4.20% | 5.65%Judo Bank's Personal Term Deposits | 4.00%of 27 institutions | 11th highest of 27, level with 2 others |
Rates
The one rate BankVic publishes for this term deposit.
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| FixedInterest Paid Annually | - | 5 yrs | $5,000–$10,000,000 | 4.20% | - | paid every 1 yr |
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
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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.