At a glance
- Best rate
- 4.60% for 12m
- 12 months
- 4.60%
- Min deposit
- $1,000
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 |
|---|---|---|---|---|
| 12-month term depositBest rate for 12 months | 4.60% | 5.75%Suncorp Bank's Term Deposit | 5.30%of 65 institutions | 61st highest of 65 |
| 3-year term depositBest rate for 3 years | 4.60% | 5.60%Judo Bank's Personal Term Deposits | 4.25%of 44 institutions | 15th highest of 44, level with one other |
Rates
Every rate LCU publishes for this term deposit, 6 in all.
Its best rate at each term
- 5 mo2.60%
- 11 mo3.10%
- 1 yrtypical 5.30%4.60%
- 23 mo4.60%
- 35 mo4.50%
- 3 yrstypical 4.25%4.60%
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| Fixed | - | 11 mo | $500–$1,000,000 | 3.10% | - | paid at maturity |
| Fixed | - | 1 yr | $500–$1,000,000 | 4.60% | - | paid at maturity |
| Fixed | - | 23 mo | $500–$1,000,000 | 4.60% | - | paid at maturity |
| Fixed | - | 35 mo | $500–$1,000,000 | 4.50% | - | paid at maturity |
| Fixed | - | 3 yrs | $500–$1,000,000 | 4.60% | - | paid at maturity |
| Fixed | - | 5 mo | $500–$1,000,000 | 2.60% | - | paid at maturity |
Features
- The minimum term available for this product is 3 months
- Scaled penalty applies, see linked URI
- Under the FCS certain deposits are protected up to a limit of $250,000 for each account holder at any bank, building society, credit union or other authorised deposit-taking institution (ADI) that is…
Eligibility and limits
- Residency: If not an Australian resident, you must complete a Tax Residency Declaration
- Available to individuals
- Minimum balance $1,000
- Must be a shareholder owning a $10 share. Each shareholder holds an equal share regardless of their balance. Shareholders have a say in how we are run. "Own your Bank". $10 share is refunded if you c…
- To be eligible to join you must be at least 8 years of age and referred by a family member or friend who already has an account with LCU. Alternatively you may be eligible to join if you: work or liv…
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Published by Laboratories Credit Union under the Consumer Data Right, last changed by them on 11 Feb 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.