The Finance Algorithm
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FIXED TERM DEPOSITS

FIXED TERM DEPOSITS

Term depositsBank updated 6 Oct 2026

At a glance

Best rate
2.95% for 12m
12 months
2.95%
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.

This term deposit: 2.95%Every other institution's highest, 64 in all

Best rate for 12 months. One dot per institution, at its highest 12-month term deposit rate anyone can apply for; hover or tap a dot for its name.

RateThis term depositBest anywhereTypical institutionWhere it sits
12-month term depositBest rate for 12 months2.95%5.75%Suncorp Bank's Term Deposit5.30%of 65 institutions64th highest of 65

Rates

The one rate Warwick Credit Union publishes for this term deposit.

TypeApplies toTermBandRateComparisonConditions
FixedApplies on early redemption of TD-1 yr$500–$4,9992.95%-paid at maturity

Rate changes

One change logged, newest first.

DateRateWasNowChange
7 Oct 2026Fixed, 1 yr, $500–$4,9992.75%2.95%up 0.20

Each change is logged the night it appears in the rates Darling Downs Bank publishes. See how every lender answered the RBA on the rate tracker.

Features

Digital banking

Eligibility and limits

  • Opening balance $500

Published by Darling Downs Bank under the Consumer Data Right, last changed by them on 6 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.