The Finance Algorithm
LCU

Monthly Interest 12 Month Term Deposit

Get a monthly income on your investment

Term depositsBank updated 5 May 2026
At a glance
Best rate
4.65% for 12m
12 months
4.65%
Min deposit
$1,000
§ 01 — Rates · 6
TypeApplies toTermBandRateComparisonConditions
Fixed11 mo$5,000–$2,000,0003.75%paid every 1 mo
Fixed1 yr$5,000–$2,000,0004.65%paid every 1 mo
Fixed23 mo$5,000–$2,000,0004.65%paid every 3 mo
Fixed35 mo$5,000–$2,000,0004.05%paid every 1 mo
Fixed3 yrs$5,000–$2,000,0003.95%paid every 1 mo
Fixed5 mo$5,000–$2,000,0003.25%paid every 1 mo
§ 03 — Features
  • · The minimum term available for this product is 12 months
  • · Scaled panalty 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…
§ 04 — Eligibility & 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…

Published by Laboratories Credit Union under the Consumer Data Right, last changed by them on 5 May 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.