Term Deposit

A Term Deposit which offers a fixed rate for terms up to 36 months.

Term depositsBank updated 1 Oct 2026

At a glance

Best rate: 5.40% for 122d
12 months: 5.30%
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.

Typical 4.60%

1%1.5%2%2.5%3%3.5%4%4.5%5%

This term deposit: 4.90%Every other institution's highest, 54 in all

Best rate for 3 months. One dot per institution, at its highest 3-month term deposit rate anyone can apply for; hover or tap a dot for its name.

Rate	This term deposit	Best anywhere	Typical institution	Where it sits
3-month term depositBest rate for 3 months	4.90%	5.30%Heartland Bank's Broker Term Deposit	4.60%of 55 institutions	22nd highest of 55, level with 2 others
6-month term depositBest rate for 6 months	5.20%	5.47%Heartland Bank's Broker Term Deposit	5.10%of 63 institutions	18th highest of 63, level with 6 others
12-month term depositBest rate for 12 months	5.30%	5.75%Suncorp Bank's Term Deposit	5.30%of 65 institutions	28th highest of 65, level with 14 others
2-year term depositBest rate for 2 years	5.20%	5.60%Judo Bank's Personal Term Deposits	4.90%of 55 institutions	12th highest of 55
3-year term depositBest rate for 3 years	4.50%	5.60%Judo Bank's Personal Term Deposits	4.25%of 44 institutions	17th highest of 44, level with 2 others

Rates

Every rate The Mutual Bank publishes for this term deposit, 76 in all.

Its best rate at each term

30 days1.50%
1 mo1.50%
60 days2.00%
2 mo2.00%
3 motypical 4.60%4.90%
92 days4.90%
4 mo5.40%
122 days5.40%
5 mo4.90%
153 days4.90%
6 motypical 5.10%5.20%
183 days5.20%
7 mo3.95%
213 days3.95%
8 mo4.00%
244 days4.00%
9 mo4.00%
274 days4.00%
10 mo4.00%
305 days4.00%
11 mo4.00%
335 days4.00%
1 yrtypical 5.30%5.30%
365 days5.30%
2 yrstypical 4.90%5.20%
3 yrstypical 4.25%4.50%

This term depositTypical institution's best for the term

Type	Applies to	Term	Band	Rate	Comparison	Conditions
Fixed	-	122 days	$1,000–$499,999	5.40%	-	paid at maturity
Fixed	-	122 days	$500,000–$5,000,000	5.40%	-	paid at maturity
Fixed	-	153 days	$1,000–$499,999	4.90%	-	paid at maturity
Fixed	-	153 days	$500,000–$5,000,000	4.90%	-	paid at maturity
Fixed	-	183 days	$1,000–$499,999	5.20%	-	paid at maturity
Fixed	-	183 days	$500,000–$5,000,000	5.20%	-	paid at maturity
Fixed	-	213 days	$1,000–$499,999	3.95%	-	paid at maturity
Fixed	-	213 days	$500,000–$5,000,000	3.95%	-	paid at maturity
Fixed	-	244 days	$1,000–$499,999	3.95%	-	paid at maturity
Fixed	-	244 days	$500,000–$5,000,000	4.00%	-	paid at maturity
Fixed	-	274 days	$1,000–$499,999	3.95%	-	paid at maturity
Fixed	-	274 days	$500,000–$5,000,000	4.00%	-	paid at maturity
Fixed	-	30 days	$1,000–$499,999	1.45%	-	paid at maturity
Fixed	-	30 days	$500,000–$5,000,000	1.50%	-	paid at maturity
Fixed	-	305 days	$1,000–$499,999	3.95%	-	paid at maturity
Fixed	-	305 days	$500,000–$5,000,000	4.00%	-	paid at maturity
Fixed	-	335 days	$1,000–$499,999	3.95%	-	paid at maturity
Fixed	-	335 days	$500,000–$5,000,000	4.00%	-	paid at maturity
Fixed	-	365 days	$1,000–$499,999	5.30%	-	paid at maturity
Fixed	-	365 days	$1,000–$499,999	5.15%	-	paid every 1 mo
Fixed	-	365 days	$1,000–$499,999	5.15%	-	paid every 3 mo
Fixed	-	365 days	$1,000–$499,999	5.20%	-	paid every 6 mo
Fixed	-	365 days	$500,000–$5,000,000	5.30%	-	paid at maturity
Fixed	-	365 days	$500,000–$5,000,000	5.20%	-	paid every 1 mo
Fixed	-	365 days	$500,000–$5,000,000	5.20%	-	paid every 3 mo
Fixed	-	365 days	$500,000–$5,000,000	5.25%	-	paid every 6 mo
Fixed	-	60 days	$1,000–$499,999	1.95%	-	paid at maturity
Fixed	-	60 days	$500,000–$5,000,000	2.00%	-	paid at maturity
Fixed	-	92 days	$1,000–$499,999	4.85%	-	paid at maturity
Fixed	-	92 days	$500,000–$5,000,000	4.90%	-	paid at maturity
Fixed	-	1 mo	$1,000–$499,999	1.45%	-	paid at maturity
Fixed	-	1 mo	$500,000–$5,000,000	1.50%	-	paid at maturity
Fixed	-	10 mo	$1,000–$499,999	3.95%	-	paid at maturity
Fixed	-	10 mo	$500,000–$5,000,000	4.00%	-	paid at maturity
Fixed	-	11 mo	$1,000–$499,999	3.95%	-	paid at maturity
Fixed	-	11 mo	$500,000–$5,000,000	4.00%	-	paid at maturity
Fixed	-	1 yr	$1,000–$499,999	5.30%	-	paid at maturity
Fixed	-	1 yr	$1,000–$499,999	5.15%	-	paid every 1 mo
Fixed	-	1 yr	$1,000–$499,999	5.15%	-	paid every 3 mo
Fixed	-	1 yr	$1,000–$499,999	5.20%	-	paid every 6 mo
Fixed	-	1 yr	$500,000–$5,000,000	5.30%	-	paid at maturity
Fixed	-	1 yr	$500,000–$5,000,000	5.20%	-	paid every 1 mo
Fixed	-	1 yr	$500,000–$5,000,000	5.20%	-	paid every 3 mo
Fixed	-	1 yr	$500,000–$5,000,000	5.25%	-	paid every 6 mo
Fixed	-	2 mo	$1,000–$499,999	1.95%	-	paid at maturity
Fixed	-	2 mo	$500,000–$5,000,000	2.00%	-	paid at maturity
Fixed	-	2 yrs	$1,000–$499,999	5.10%	-	paid every 1 mo
Fixed	-	2 yrs	$1,000–$499,999	5.20%	-	paid every 1 yr
Fixed	-	2 yrs	$1,000–$499,999	5.10%	-	paid every 3 mo
Fixed	-	2 yrs	$1,000–$499,999	5.15%	-	paid every 6 mo
Fixed	-	2 yrs	$500,000–$5,000,000	5.10%	-	paid every 1 mo
Fixed	-	2 yrs	$500,000–$5,000,000	5.20%	-	paid every 1 yr
Fixed	-	2 yrs	$500,000–$5,000,000	5.10%	-	paid every 3 mo
Fixed	-	2 yrs	$500,000–$5,000,000	5.15%	-	paid every 6 mo
Fixed	-	3 mo	$1,000–$499,999	4.85%	-	paid at maturity
Fixed	-	3 mo	$500,000–$5,000,000	4.90%	-	paid at maturity
Fixed	-	3 yrs	$1,000–$499,999	4.40%	-	paid every 1 mo
Fixed	-	3 yrs	$1,000–$499,999	4.50%	-	paid every 1 yr
Fixed	-	3 yrs	$1,000–$499,999	4.40%	-	paid every 3 mo
Fixed	-	3 yrs	$1,000–$499,999	4.45%	-	paid every 6 mo
Fixed	-	3 yrs	$500,000–$5,000,000	4.40%	-	paid every 1 mo
Fixed	-	3 yrs	$500,000–$5,000,000	4.50%	-	paid every 1 yr
Fixed	-	3 yrs	$500,000–$5,000,000	4.40%	-	paid every 3 mo
Fixed	-	3 yrs	$500,000–$5,000,000	4.45%	-	paid every 6 mo
Fixed	-	4 mo	$1,000–$499,999	5.40%	-	paid at maturity
Fixed	-	4 mo	$500,000–$5,000,000	5.40%	-	paid at maturity
Fixed	-	5 mo	$1,000–$499,999	4.90%	-	paid at maturity
Fixed	-	5 mo	$500,000–$5,000,000	4.90%	-	paid at maturity
Fixed	-	6 mo	$1,000–$499,999	5.20%	-	paid at maturity
Fixed	-	6 mo	$500,000–$5,000,000	5.20%	-	paid at maturity
Fixed	-	7 mo	$1,000–$499,999	3.95%	-	paid at maturity
Fixed	-	7 mo	$500,000–$5,000,000	3.95%	-	paid at maturity
Fixed	-	8 mo	$1,000–$499,999	3.95%	-	paid at maturity
Fixed	-	8 mo	$500,000–$5,000,000	4.00%	-	paid at maturity
Fixed	-	9 mo	$1,000–$499,999	3.95%	-	paid at maturity
Fixed	-	9 mo	$500,000–$5,000,000	4.00%	-	paid at maturity

Rate changes

56 changes logged, newest first.

Date	Rate	Was	Now	Change
2 Oct 2026	Fixed, 122 days, $1,000–$499,999	4.20%	5.40%	up 1.20
2 Oct 2026	Fixed, 122 days, $500,000–$5,000,000	4.20%	5.40%	up 1.20
2 Oct 2026	Fixed, 183 days, $1,000–$499,999	4.80%	5.20%	up 0.40
2 Oct 2026	Fixed, 183 days, $500,000–$5,000,000	4.80%	5.20%	up 0.40
2 Oct 2026	Fixed, 213 days, $1,000–$499,999	5.10%	3.95%	down 1.15
2 Oct 2026	Fixed, 213 days, $500,000–$5,000,000	5.10%	3.95%	down 1.15
2 Oct 2026	Fixed, 30 days, $1,000–$499,999	1.20%	1.45%	up 0.25
2 Oct 2026	Fixed, 30 days, $500,000–$5,000,000	1.25%	1.50%	up 0.25
2 Oct 2026	Fixed, 365 days, $1,000–$499,999	5.05%	5.30%	up 0.25
2 Oct 2026	Fixed, 365 days, $1,000–$499,999	4.90%	5.15%	up 0.25
2 Oct 2026	Fixed, 365 days, $1,000–$499,999	4.90%	5.15%	up 0.25
2 Oct 2026	Fixed, 365 days, $1,000–$499,999	4.95%	5.20%	up 0.25
2 Oct 2026	Fixed, 365 days, $500,000–$5,000,000	5.05%	5.30%	up 0.25
2 Oct 2026	Fixed, 365 days, $500,000–$5,000,000	4.95%	5.20%	up 0.25
2 Oct 2026	Fixed, 365 days, $500,000–$5,000,000	4.95%	5.20%	up 0.25
2 Oct 2026	Fixed, 365 days, $500,000–$5,000,000	5.00%	5.25%	up 0.25
2 Oct 2026	Fixed, 60 days, $1,000–$499,999	1.70%	1.95%	up 0.25
2 Oct 2026	Fixed, 60 days, $500,000–$5,000,000	1.75%	2.00%	up 0.25
2 Oct 2026	Fixed, 92 days, $1,000–$499,999	4.70%	4.85%	up 0.15
2 Oct 2026	Fixed, 92 days, $500,000–$5,000,000	4.70%	4.90%	up 0.20
2 Oct 2026	Fixed, 1 mo, $1,000–$499,999	1.20%	1.45%	up 0.25
2 Oct 2026	Fixed, 1 mo, $500,000–$5,000,000	1.25%	1.50%	up 0.25
2 Oct 2026	Fixed, 1 yr, $1,000–$499,999	5.05%	5.30%	up 0.25
2 Oct 2026	Fixed, 1 yr, $1,000–$499,999	4.90%	5.15%	up 0.25
2 Oct 2026	Fixed, 1 yr, $1,000–$499,999	4.90%	5.15%	up 0.25
2 Oct 2026	Fixed, 1 yr, $1,000–$499,999	4.95%	5.20%	up 0.25
2 Oct 2026	Fixed, 1 yr, $500,000–$5,000,000	5.05%	5.30%	up 0.25
2 Oct 2026	Fixed, 1 yr, $500,000–$5,000,000	4.95%	5.20%	up 0.25
2 Oct 2026	Fixed, 1 yr, $500,000–$5,000,000	4.95%	5.20%	up 0.25
2 Oct 2026	Fixed, 1 yr, $500,000–$5,000,000	5.00%	5.25%	up 0.25
2 Oct 2026	Fixed, 2 mo, $1,000–$499,999	1.70%	1.95%	up 0.25
2 Oct 2026	Fixed, 2 mo, $500,000–$5,000,000	1.75%	2.00%	up 0.25
2 Oct 2026	Fixed, 2 yrs, $1,000–$499,999	4.60%	5.10%	up 0.50
2 Oct 2026	Fixed, 2 yrs, $1,000–$499,999	4.70%	5.20%	up 0.50
2 Oct 2026	Fixed, 2 yrs, $1,000–$499,999	4.60%	5.10%	up 0.50
2 Oct 2026	Fixed, 2 yrs, $1,000–$499,999	4.65%	5.15%	up 0.50
2 Oct 2026	Fixed, 2 yrs, $500,000–$5,000,000	4.60%	5.10%	up 0.50
2 Oct 2026	Fixed, 2 yrs, $500,000–$5,000,000	4.70%	5.20%	up 0.50
2 Oct 2026	Fixed, 2 yrs, $500,000–$5,000,000	4.60%	5.10%	up 0.50
2 Oct 2026	Fixed, 2 yrs, $500,000–$5,000,000	4.65%	5.15%	up 0.50
2 Oct 2026	Fixed, 3 mo, $1,000–$499,999	4.70%	4.85%	up 0.15
2 Oct 2026	Fixed, 3 mo, $500,000–$5,000,000	4.70%	4.90%	up 0.20
2 Oct 2026	Fixed, 3 yrs, $1,000–$499,999	3.90%	4.40%	up 0.50
2 Oct 2026	Fixed, 3 yrs, $1,000–$499,999	4.00%	4.50%	up 0.50
2 Oct 2026	Fixed, 3 yrs, $1,000–$499,999	3.90%	4.40%	up 0.50
2 Oct 2026	Fixed, 3 yrs, $1,000–$499,999	3.95%	4.45%	up 0.50
2 Oct 2026	Fixed, 3 yrs, $500,000–$5,000,000	3.90%	4.40%	up 0.50
2 Oct 2026	Fixed, 3 yrs, $500,000–$5,000,000	4.00%	4.50%	up 0.50
2 Oct 2026	Fixed, 3 yrs, $500,000–$5,000,000	3.90%	4.40%	up 0.50
2 Oct 2026	Fixed, 3 yrs, $500,000–$5,000,000	3.95%	4.45%	up 0.50
2 Oct 2026	Fixed, 4 mo, $1,000–$499,999	4.20%	5.40%	up 1.20
2 Oct 2026	Fixed, 4 mo, $500,000–$5,000,000	4.20%	5.40%	up 1.20
2 Oct 2026	Fixed, 6 mo, $1,000–$499,999	4.80%	5.20%	up 0.40
2 Oct 2026	Fixed, 6 mo, $500,000–$5,000,000	4.80%	5.20%	up 0.40
2 Oct 2026	Fixed, 7 mo, $1,000–$499,999	5.10%	3.95%	down 1.15
2 Oct 2026	Fixed, 7 mo, $500,000–$5,000,000	5.10%	3.95%	down 1.15

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

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

When you make a transaction3

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 happen9

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
FINANCIAL_INSTITUTION_CHEQUE
Payable when you request us to issue a financial institution cheque.
$2.50
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
OVERSEAS_TELEGRAPHIC_TRANSFER_(OUTWARD)_-_AUSTRALIAN_CURRENCY
Payable if we assist you send funds electronically overseas in Australian dollars.
$50
OVERSEAS_TELEGRAPHIC_TRANSFER_(OUTWARD)_-_FOREIGN_CURRENCY
Payable if we assist you send funds electronically overseas in a foreign currency.
$30

Features

Digital banking

A certificate account only
Early redemption - 31 calendar days notice required

Eligibility and limits

Residency: Australian citizen or a permanent resident of Australia or otherwise approved
Available to individuals
Available to businesses
Minimum balance $1,000
Opening balance $1,000

Compare it with others

All term deposits Other Maitland Mutual Limited term deposits Everything Maitland Mutual Limited publishes

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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.