The Finance Algorithm
IMB Bank

Term Deposit

Earn great returns with an IMB Term Deposit. An IMB Term Deposit offers competitive returns for investment terms from 1 month up to 5 years for amounts of $1,000 or more. Term Deposits are a secure way to grow your savings for the future!

Term depositsBank updated 22 Sept 2026
At a glance
Best rate
5.15% for 12m
12 months
5.15%
Min deposit
$1,000
§ 01 — Rates · 30
TypeApplies toTermBandRateComparisonConditions
Fixed9 to less than 12 months - Interest paid on Maturity11 mo$1,000+2.25%P9M/P11M
Fixed9 to less than 12 months - Interest paid 6 monthly and on Maturity11 mo$1,000+2.25%paid every 6 mo; P9M/P11M
Fixed9 to less than 12 months - Interest paid Monthly (every 28 days)11 mo$5,000+2.20%paid every 1 mo; P9M/P11M
Fixed12 months - Interest paid on Maturity1 yr$1,000+2.25%paid every 1 yr
Fixed12 months - Interest paid Fortnightly (every 14 days)1 yr$2,000+2.15%
Fixed12 month Special - Interest paid Monthly (every 28 days)1 yr$5,000+5.03%paid every 1 mo
Fixed12 month Special - Interest paid on Maturity1 yr$5,000+5.15%paid every 1 yr
Fixed1 to less than 3 months - Interest paid on Maturity2 mo$1,000+1.25%P1M/P2M
Fixed12 to less than 24 months - Interest paid 6 monthly and on Maturity23 mo$1,000+2.25%paid every 6 mo; P12M/P23M
Fixed12 to less than 24 months - Interest paid Monthly (every 28 days)23 mo$5,000+2.20%paid every 1 mo; P12M/P23M
Fixed24 month Special - Interest paid Monthly (every 28 days)2 yrs$5,000+4.40%paid every 1 mo
Fixed24 month Special - Interest paid Annually2 yrs$5,000+4.50%paid every 1 yr
Fixed3 month Special - Interest paid on Maturity3 mo$5,000+5.00%paid every 3 mo
Fixed24 to less than 36 months - Interest paid 6 monthly and on Maturity35 mo$1,000+2.25%paid every 6 mo; P24M/P35M
Fixed24 to less than 36 months - Interest paid Monthly (every 28 days)35 mo$5,000+2.20%paid every 1 mo; P24M/P35M
Fixed36 month Special - Interest paid Annually3 yrs$5,000+4.50%paid every 1 yr
Fixed36 to less than 48 months - Interest paid 6 monthly and on Maturity47 mo$1,000+2.25%paid every 6 mo; P36M/P47M
Fixed36 to less than 48 months - Interest paid Monthly (every 28 days)47 mo$5,000+2.20%paid every 1 mo; P36M/P47M
Fixed48 month Special - Interest paid Annually4 yrs$5,000+4.00%paid every 1 yr
Fixed3 to less than 6 months - Interest paid on Maturity5 mo$1,000+1.50%P3M/P5M
Fixed3 to less than 6 months - Interest paid Monthly (every 28 days)5 mo$5,000+1.45%paid every 1 mo; P3M/P5M
Fixed48 to less than 60 months - Interest paid 6 monthly and on Maturity59 mo$1,000+2.25%paid every 6 mo; P48M/P59M
Fixed48 to less than 60 months - Interest paid Monthly (every 28 days)59 mo$5,000+2.20%paid every 1 mo; P48M/P59M
Fixed6 month Special - Interest paid on Maturity6 mo$5,000+5.10%paid every 6 mo
Fixed60 months - Interest paid 6 monthly and on Maturity5 yrs$1,000+2.25%paid every 6 mo
Fixed60 month - Interest paid Monthly (every 28 days)5 yrs$5,000+2.20%paid every 1 mo
Fixed60 month Special - Interest paid Annually5 yrs$5,000+4.00%paid every 1 yr
Fixed6 to less than 9 months - Interest paid on Maturity8 mo$1,000+2.25%P6M/P8M
Fixed6 to less than 9 months - Interest paid 6 monthly and on Maturity8 mo$1,000+2.25%paid every 6 mo; P6M/P8M
Fixed6 to less than 9 months - Interest paid Monthly (every 28 days)8 mo$5,000+2.20%paid every 1 mo; P6M/P8M
§ 02 — Fees · 20
FeeTypeAmountWhenNotes
Bulk coin countDeposit$5Maximum charge
Foreign cheque conversion (value AU$10,000 and greater)Deposit$50Minimum charge, subject to additional fees and charges. Charges either wholly or partly imposed by third parties
Foreign cheque conversion (value less than AU$10,000)Deposit$25Minimum charge, subject to additional fees and charges. Charges either wholly or partly imposed by third parties
Manual deposit other institutionDeposit$10
Audit CertificateEvent$30Per certificate
Copy of Financial Institution chequeEvent$16Maximum charge. Charges either wholly or partly imposed by third parties.
Copy of withdrawal or deposit formEvent$15
Interest statement - ElectronicEvent$2.50Per page
Recalculation of interestEvent$30Per page
Research feeEvent$30Per page
Retrieval of archived documentsEvent$20Per page
SMS AlertsEvent$0.25Per alert
Special clearance on chequesEvent$16Maximum charge. Charges either wholly or partly imposed by third parties.
Stop payment fee (IMB cheques)Event$12.50Maximum charge. Charges either wholly or partly imposed by third parties.
Trace on Financial Institution chequeEvent$50Charges either wholly or partly imposed by third parties.
Transaction Listing - Electronic - 10 pages and overEvent$0.50Per page
Transaction Listing - Electronic - up to 10 pagesEvent$5
Unclaimed monies/dormant accountEvent$40Maximum charge per account
Purchase of foreign currencyWithdrawal1.00% of transaction$10 or 1% of the value of the total order (whichever is greater).
Total cash withdrawal over $2,000 in a dayWithdrawal0.20% of transactionA fee of 0.2% of total cash withdrawals is charged for total cash withdrawals over $2000 in a day.
§ 03 — Features
Digital bankingFraud protection
  • · IMB boasts an extensive branch network throughout the Illawarra, Sydney, NSW South Coast, the ACT and Melbourne.
  • · IMB's Phone Banking Service gives you 24 hour access to your accounts from any touchphone.
  • · IMB consultants are available Monday to Friday 8am - 8pm and Saturday 9am - 4pm
§ 04 — Eligibility & limits
  • · Minimum balance $1,000
  • · Opening balance $1,000
  • · The mininum term

Published by IMB Bank under the Consumer Data Right, last changed by them on 22 Sept 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.