The Finance Algorithm
My State PM Production

Online Term Deposit

If you have money to invest, and you want reliable investment returns, a term deposit from MyState Bank may be just what you need.

Term depositsBank updated 15 Sept 2026
At a glance
Best rate
5.25% for 12m
12 months
5.25%
Min deposit
$5,000
§ 01 — Rates · 13
TypeApplies toTermBandRateComparisonConditions
FixedMinimum balance $5,0001 mo0.50%paid every 1 mo
FixedMinimum balance $5,00010 mo3.75%paid every 10 mo
FixedMinimum balance $5,00011 mo4.60%paid every 11 mo
FixedMinimum balance $5,0001 yr5.25%paid every 1 yr
FixedMinimum balance $5,0002 mo0.50%paid every 2 mo
FixedMinimum balance $5,0002 yrs5.15%paid every 2 yrs
FixedMinimum balance $5,0003 mo4.95%paid every 3 mo
FixedMinimum balance $5,0004 mo3.85%paid every 4 mo
FixedMinimum balance $5,0005 mo4.00%paid every 5 mo
FixedMinimum balance $5,0006 mo5.00%paid every 6 mo
FixedMinimum balance $5,0007 mo3.85%paid every 7 mo
FixedMinimum balance $5,0008 mo3.80%paid every 8 mo
FixedMinimum balance $5,0009 mo5.10%paid every 9 mo
§ 02 — Fees · 1
FeeTypeAmountWhenNotes
Early WithdrawalEvent100.00% of interest accrued
§ 03 — Features

None published.

§ 04 — Eligibility & limits
  • · Available to individuals
  • · Minimum balance $5,000

Published by MyState Bank under the Consumer Data Right, last changed by them on 15 Sept 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.