The Mutual BankFarm Management Deposit
A Farm Management Deposit which offers a fixed rate for terms up to 24 months.
At a glance
- Best rate
- 5.20% for 12m
- 12 months
- 5.20%
- 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 |
|---|---|---|---|---|
| 3-month term depositBest rate for 3 months | 3.85% | 5.30%Heartland Bank's Broker Term Deposit | 4.60%of 55 institutions | 43rd highest of 55 |
| 6-month term depositBest rate for 6 months | 4.60% | 5.47%Heartland Bank's Broker Term Deposit | 5.10%of 63 institutions | 49th highest of 63 |
| 12-month term depositBest rate for 12 months | 5.20% | 5.75%Suncorp Bank's Term Deposit | 5.30%of 65 institutions | 46th highest of 65, level with 6 others |
| 2-year term depositBest rate for 2 years | 4.35% | 5.60%Judo Bank's Personal Term Deposits | 4.90%of 55 institutions | 40th highest of 55 |
Rates
Every rate The Mutual Bank publishes for this term deposit, 4 in all.
Its best rate at each term
- 3 motypical 4.60%3.85%
- 6 motypical 5.10%4.60%
- 1 yrtypical 5.30%5.20%
- 2 yrstypical 4.90%4.35%
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| Fixed | - | 1 yr | $1,000–$800,000 | 5.20% | - | paid at maturity |
| Fixed | - | 2 yrs | $1,000–$800,000 | 4.35% | - | paid every 1 yr |
| Fixed | - | 3 mo | $1,000–$800,000 | 3.85% | - | paid at maturity |
| Fixed | - | 6 mo | $1,000–$800,000 | 4.60% | - | paid at maturity |
Rate changes
4 changes logged, newest first.
| Date | Rate | Was | Now | Change |
|---|---|---|---|---|
| 2 Oct 2026 | Fixed, 1 yr, $1,000–$800,000 | 5.10% | 5.20% | up 0.10 |
| 2 Oct 2026 | Fixed, 2 yrs, $1,000–$800,000 | 4.10% | 4.35% | up 0.25 |
| 2 Oct 2026 | Fixed, 3 mo, $1,000–$800,000 | 3.60% | 3.85% | up 0.25 |
| 2 Oct 2026 | Fixed, 6 mo, $1,000–$800,000 | 4.35% | 4.60% | up 0.25 |
Each change is logged the night it appears in the rates Maitland Mutual Limited publishes. See how every lender answered the RBA on the rate tracker.
Fees
11 fees published, grouped by when they're charged.
When you make a transaction5
- ATM_OWNER_FEE
This fee amount is disclosed at the time of the ATM transaction and charged by the ATM owner for an ATM transaction including an ATM enquiry.
Varies - UNCLAIMED_MONIES_FEE
The lessor $20.00 or account balance. Payable when an account is classified as dormant.
$20 - UNCLAIMED_MONIES_FEE
The lessor $20.00 or account balance. Payable when an account is classified as dormant.
$20 - FOREIGN_CURRENCY_CONVERSION_SERVICE_FEE
A 1% service fee on the Australian dollar equivalent is payable for foreign currency transactions using your Mutual Visa Debit Card.
1.00% of transaction - PHYSICAL_FOREIGN_CURRENCY
1% of Australian currency equivalent amount. Payable when physical foreign currency is issued or purchased.
1.00% of transaction
When particular things happen6
- CHEQUE_DISHONOUR
A dishonoured cheque is a cheque that is not paid by the financial institution on which it is drawn. A dishonour fee will apply each time the cheque is presented for payment and dishonoured.
$9 - DIRECT_ENTRY_DISHONOUR
Payable when a direct entry (inward and outward) is dishonoured.
$9 - DOCUMENT_FEE
$60.00 per hour (subject to minimum $10.00 per copy). Payable if you request copies of documents such as withdrawal forms or statements, or you ask us to verify a transaction performed on your Accoun…
$60 - DORMANT_ACCOUNT_FEE
This fee is charged to each of your Deposit Accounts closed due to dormancy. The lesser of $20.00 or the account balance.
$20 - MISCELLANEOUS_SERVICE_FEE
$60.00 per hour. Payable if you request information not covered by the Document Fee.
$60 - OVERDRAWN_FEE
If your Account is overdrawn, without our prior agreement, a fee will be charged each time this occurs. Penalty interest (at the rate disclosed on the Deposit Interest Rate Schedule) will also be cha…
$9
Features
- A certificate account only
- Early redemption - 31 calendar days notice required
Eligibility and limits
- Minimum age 18
- Residency: Australian citizen or permanent resident, or as otherwise approved
- Available to individuals
- Minimum balance $1,000
- Opening balance $1,000
- Must acknowledge mandatory statement on the Farm Management scheme conditions
- Linked account must be opened and maintained for fees and charges associated with this account
Compare it with others
Put this product through a calculator
Published by Maitland Mutual Limited under the Consumer Data Right, last changed by them on 1 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.