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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 23 Oct 2026
Apply at IMB Bank ↗Product page ↗Fees and pricing ↗Terms ↗

At a glance

Best rate
5.30% for 12m
12 months
5.30%
Min deposit
$1,000

Rates

Every rate IMB Bank publishes for this term deposit, 30 in all.

Its best rate at each term

  1. 2 mo1.25%
  2. 3 motypical 4.60%4.90%
  3. 5 mo1.50%
  4. 6 motypical 5.10%5.00%
  5. 8 mo2.25%
  6. 11 mo2.25%
  7. 1 yrtypical 5.30%5.30%
  8. 23 mo2.25%
  9. 2 yrstypical 4.90%5.00%
  10. 35 mo2.25%
  11. 3 yrstypical 4.25%4.50%
  12. 47 mo2.25%
  13. 4 yrs4.00%
  14. 59 mo2.25%
  15. 5 yrstypical 4.00%4.00%
This term depositTypical institution's best for the term
TypeApplies toTermBandRateComparisonConditions
Fixed9 to less than 12 months - Interest paid on Maturity-11 mo$1,000+2.25%-P9M/P11M
Fixed9 to less than 12 months - Interest paid 6 monthly and on Maturity-11 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 Maturity-1 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+5.17%-paid every 1 mo
Fixed12 month Special - Interest paid on Maturity-1 yr$5,000+5.30%-paid every 1 yr
Fixed1 to less than 3 months - Interest paid on Maturity-2 mo$1,000+1.25%-P1M/P2M
Fixed12 to less than 24 months - Interest paid 6 monthly and on Maturity-23 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+4.88%-paid every 1 mo
Fixed24 month Special - Interest paid Annually-2 yrs$5,000+5.00%-paid every 1 yr
Fixed3 month Special - Interest paid on Maturity-3 mo$5,000+4.90%-paid every 3 mo
Fixed24 to less than 36 months - Interest paid 6 monthly and on Maturity-35 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 Annually-3 yrs$5,000+4.50%-paid every 1 yr
Fixed36 to less than 48 months - Interest paid 6 monthly and on Maturity-47 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 Annually-4 yrs$5,000+4.00%-paid every 1 yr
Fixed3 to less than 6 months - Interest paid on Maturity-5 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 Maturity-59 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 Maturity-6 mo$5,000+5.00%-paid every 6 mo
Fixed60 months - Interest paid 6 monthly and on Maturity-5 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 Annually-5 yrs$5,000+4.00%-paid every 1 yr
Fixed6 to less than 9 months - Interest paid on Maturity-8 mo$1,000+2.25%-P6M/P8M
Fixed6 to less than 9 months - Interest paid 6 monthly and on Maturity-8 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

Rate changes

6 changes logged, newest first.

DateRateWasNowChange
23 Oct 2026Fixed, 1 yr, $5,000+5.03%5.17%up 0.14
23 Oct 2026Fixed, 1 yr, $5,000+5.15%5.30%up 0.15
23 Oct 2026Fixed, 2 yrs, $5,000+4.40%4.88%up 0.48
23 Oct 2026Fixed, 2 yrs, $5,000+4.50%5.00%up 0.50
2 Oct 2026Fixed, 3 mo, $5,000+5.00%4.90%down 0.10
2 Oct 2026Fixed, 6 mo, $5,000+5.10%5.00%down 0.10

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

Fees

20 fees published, grouped by when they're charged.

When you make a transaction6

  • Bulk coin count

    Maximum charge

    $5
  • Foreign cheque conversion (value AU$10,000 and greater)

    Minimum charge, subject to additional fees and charges. Charges either wholly or partly imposed by third parties

    $50
  • Foreign cheque conversion (value less than AU$10,000)

    Minimum charge, subject to additional fees and charges. Charges either wholly or partly imposed by third parties

    $25
  • Manual deposit other institution
    $10
  • Purchase of foreign currency

    $10 or 1% of the value of the total order (whichever is greater).

    1.00% of transaction
  • Total cash withdrawal over $2,000 in a day

    A fee of 0.2% of total cash withdrawals is charged for total cash withdrawals over $2000 in a day.

    0.20% of transaction

When particular things happen14

  • Audit Certificate

    Per certificate

    $30
  • Copy of Financial Institution cheque

    Maximum charge. Charges either wholly or partly imposed by third parties.

    $16
  • Copy of withdrawal or deposit form
    $15
  • Interest statement - Electronic

    Per page

    $2.50
  • Recalculation of interest

    Per page

    $30
  • Research fee

    Per page

    $30
  • Retrieval of archived documents

    Per page

    $20
  • SMS Alerts

    Per alert

    $0.25
  • Special clearance on cheques

    Maximum charge. Charges either wholly or partly imposed by third parties.

    $16
  • Stop payment fee (IMB cheques)

    Maximum charge. Charges either wholly or partly imposed by third parties.

    $12.50
  • Trace on Financial Institution cheque

    Charges either wholly or partly imposed by third parties.

    $50
  • Transaction Listing - Electronic - 10 pages and over

    Per page

    $0.50
  • Transaction Listing - Electronic - up to 10 pages
    $5
  • Unclaimed monies/dormant account

    Maximum charge per account

    $40

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

Eligibility and 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 23 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.