NAB Term Deposit

Enjoy a competitive interest rate and the ability to choose a term that suits your needs

Term depositsBank updated 21 Sept 2026

Apply at National Australia Bank ↗Product page ↗Fees and pricing ↗Terms ↗

At a glance

Best rate: 5.30% for 12m
12 months: 5.30%
Min deposit: $5,000

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 5.10%

0%1%2%3%4%5%

This term deposit: 3.50%Every other institution's highest, 62 in all

Best rate for 6 months. One dot per institution, at its highest 6-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
6-month term depositBest rate for 6 months	3.50%	5.47%Heartland Bank's Broker Term Deposit	5.10%of 63 institutions	57th highest of 63, level with one other
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	5.00%	5.60%Judo Bank's Personal Term Deposits	4.90%of 55 institutions	18th highest of 55, level with 8 others
3-year term depositBest rate for 3 years	3.80%	5.60%Judo Bank's Personal Term Deposits	4.25%of 44 institutions	32nd highest of 44
5-year term depositBest rate for 5 years	3.80%	5.65%Judo Bank's Personal Term Deposits	4.00%of 27 institutions	16th highest of 27

Rates

Every rate NAB publishes for this term deposit, 76 in all.

Its best rate at each term

30 days1.40%
60 days1.65%
90 days3.35%
4 mo3.35%
5 mo3.40%
6 motypical 5.10%3.50%
7 mo3.60%
8 mo3.70%
9 mo3.80%
10 mo3.85%
11 mo3.85%
1 yrtypical 5.30%5.30%
13 mo5.00%
14 mo5.00%
15 mo5.00%
16 mo5.00%
17 mo5.00%
18 mo5.00%
19 mo5.00%
20 mo5.00%
21 mo5.00%
22 mo5.00%
23 mo5.00%
2 yrstypical 4.90%5.00%
3 yrstypical 4.25%3.80%
4 yrs3.80%
5 yrstypical 4.00%3.80%

This term depositTypical institution's best for the term

Type	Applies to	Term	Band	Rate	Comparison	Conditions
Fixed30 days, interest paid at maturity	-	30 days	$5,000–$1,999,999	1.40%	-	Customer Relationship
Fixed60 days, interest paid at maturity	-	60 days	$5,000–$1,999,999	1.65%	-	Customer Relationship
Fixed90 days, interest paid at maturity	-	90 days	$5,000–$1,999,999	3.35%	-	Customer Relationship
Fixed10 months, interest paid at maturity	-	10 mo	$5,000–$1,999,999	3.85%	-	paid every 10 mo; Customer Relationship
Fixed11 months, interest paid at maturity	-	11 mo	$5,000–$1,999,999	3.85%	-	paid every 11 mo; Customer Relationship
Fixed12 months, interest paid monthly	-	1 yr	$5,000–$1,999,999	5.20%	-	paid every 1 mo; Customer Relationship
Fixed12 months, interest paid annually	-	1 yr	$5,000–$1,999,999	5.30%	-	paid every 1 yr; Customer Relationship
Fixed12 months, interest paid at maturity	-	1 yr	$5,000–$1,999,999	5.30%	-	paid every 1 yr; Customer Relationship
Fixed12 months, interest paid quarterly	-	1 yr	$5,000–$1,999,999	5.20%	-	paid every 3 mo; Customer Relationship
Fixed12 months, interest paid half yearly	-	1 yr	$5,000–$1,999,999	5.25%	-	paid every 6 mo; Customer Relationship
Fixed13 months, interest paid monthly	-	13 mo	$5,000–$1,999,999	4.90%	-	paid every 1 mo; Customer Relationship
Fixed13 months, interest paid annually	-	13 mo	$5,000–$1,999,999	5.00%	-	paid every 1 yr; Customer Relationship
Fixed13 months, interest paid quarterly	-	13 mo	$5,000–$1,999,999	4.90%	-	paid every 3 mo; Customer Relationship
Fixed13 months, interest paid half yearly	-	13 mo	$5,000–$1,999,999	4.95%	-	paid every 6 mo; Customer Relationship
Fixed14 months, interest paid monthly	-	14 mo	$5,000–$1,999,999	4.90%	-	paid every 1 mo; Customer Relationship
Fixed14 months, interest paid annually	-	14 mo	$5,000–$1,999,999	5.00%	-	paid every 1 yr; Customer Relationship
Fixed14 months, interest paid quarterly	-	14 mo	$5,000–$1,999,999	4.90%	-	paid every 3 mo; Customer Relationship
Fixed14 months, interest paid half yearly	-	14 mo	$5,000–$1,999,999	4.95%	-	paid every 6 mo; Customer Relationship
Fixed15 months, interest paid monthly	-	15 mo	$5,000–$1,999,999	4.90%	-	paid every 1 mo; Customer Relationship
Fixed15 months, interest paid annually	-	15 mo	$5,000–$1,999,999	5.00%	-	paid every 1 yr; Customer Relationship
Fixed15 months, interest paid quarterly	-	15 mo	$5,000–$1,999,999	4.90%	-	paid every 3 mo; Customer Relationship
Fixed15 months, interest paid half yearly	-	15 mo	$5,000–$1,999,999	4.95%	-	paid every 6 mo; Customer Relationship
Fixed16 months, interest paid monthly	-	16 mo	$5,000–$1,999,999	4.90%	-	paid every 1 mo; Customer Relationship
Fixed16 months, interest paid annually	-	16 mo	$5,000–$1,999,999	5.00%	-	paid every 1 yr; Customer Relationship
Fixed16 months, interest paid quarterly	-	16 mo	$5,000–$1,999,999	4.90%	-	paid every 3 mo; Customer Relationship
Fixed16 months, interest paid half yearly	-	16 mo	$5,000–$1,999,999	4.95%	-	paid every 6 mo; Customer Relationship
Fixed17 months, interest paid monthly	-	17 mo	$5,000–$1,999,999	4.90%	-	paid every 1 mo; Customer Relationship
Fixed17 months, interest paid annually	-	17 mo	$5,000–$1,999,999	5.00%	-	paid every 1 yr; Customer Relationship
Fixed17 months, interest paid quarterly	-	17 mo	$5,000–$1,999,999	4.90%	-	paid every 3 mo; Customer Relationship
Fixed17 months, interest paid half yearly	-	17 mo	$5,000–$1,999,999	4.95%	-	paid every 6 mo; Customer Relationship
Fixed18 months, interest paid monthly	-	18 mo	$5,000–$1,999,999	4.90%	-	paid every 1 mo; Customer Relationship
Fixed18 months, interest paid annually	-	18 mo	$5,000–$1,999,999	5.00%	-	paid every 1 yr; Customer Relationship
Fixed18 months, interest paid quarterly	-	18 mo	$5,000–$1,999,999	4.90%	-	paid every 3 mo; Customer Relationship
Fixed18 months, interest paid half yearly	-	18 mo	$5,000–$1,999,999	4.95%	-	paid every 6 mo; Customer Relationship
Fixed19 months, interest paid monthly	-	19 mo	$5,000–$1,999,999	4.90%	-	paid every 1 mo; Customer Relationship
Fixed19 months, interest paid annually	-	19 mo	$5,000–$1,999,999	5.00%	-	paid every 1 yr; Customer Relationship
Fixed19 months, interest paid quarterly	-	19 mo	$5,000–$1,999,999	4.90%	-	paid every 3 mo; Customer Relationship
Fixed19 months, interest paid half yearly	-	19 mo	$5,000–$1,999,999	4.95%	-	paid every 6 mo; Customer Relationship
Fixed20 months, interest paid monthly	-	20 mo	$5,000–$1,999,999	4.90%	-	paid every 1 mo; Customer Relationship
Fixed20 months, interest paid annually	-	20 mo	$5,000–$1,999,999	5.00%	-	paid every 1 yr; Customer Relationship
Fixed20 months, interest paid quarterly	-	20 mo	$5,000–$1,999,999	4.90%	-	paid every 3 mo; Customer Relationship
Fixed20 months, interest paid half yearly	-	20 mo	$5,000–$1,999,999	4.95%	-	paid every 6 mo; Customer Relationship
Fixed21 months, interest paid monthly	-	21 mo	$5,000–$1,999,999	4.90%	-	paid every 1 mo; Customer Relationship
Fixed21 months, interest paid annually	-	21 mo	$5,000–$1,999,999	5.00%	-	paid every 1 yr; Customer Relationship
Fixed21 months, interest paid quarterly	-	21 mo	$5,000–$1,999,999	4.90%	-	paid every 3 mo; Customer Relationship
Fixed21 months, interest paid half yearly	-	21 mo	$5,000–$1,999,999	4.95%	-	paid every 6 mo; Customer Relationship
Fixed22 months, interest paid monthly	-	22 mo	$5,000–$1,999,999	4.90%	-	paid every 1 mo; Customer Relationship
Fixed22 months, interest paid annually	-	22 mo	$5,000–$1,999,999	5.00%	-	paid every 1 yr; Customer Relationship
Fixed22 months, interest paid quarterly	-	22 mo	$5,000–$1,999,999	4.90%	-	paid every 3 mo; Customer Relationship
Fixed22 months, interest paid half yearly	-	22 mo	$5,000–$1,999,999	4.95%	-	paid every 6 mo; Customer Relationship
Fixed23 months, interest paid monthly	-	23 mo	$5,000–$1,999,999	4.90%	-	paid every 1 mo; Customer Relationship
Fixed23 months, interest paid annually	-	23 mo	$5,000–$1,999,999	5.00%	-	paid every 1 yr; Customer Relationship
Fixed23 months, interest paid quarterly	-	23 mo	$5,000–$1,999,999	4.90%	-	paid every 3 mo; Customer Relationship
Fixed23 months, interest paid half yearly	-	23 mo	$5,000–$1,999,999	4.95%	-	paid every 6 mo; Customer Relationship
Fixed24 months, interest paid monthly	-	2 yrs	$5,000–$1,999,999	4.90%	-	paid every 1 mo; Customer Relationship
Fixed24 months, interest paid annually	-	2 yrs	$5,000–$1,999,999	5.00%	-	paid every 1 yr; Customer Relationship
Fixed24 months, interest paid quarterly	-	2 yrs	$5,000–$1,999,999	4.90%	-	paid every 3 mo; Customer Relationship
Fixed24 months, interest paid half yearly	-	2 yrs	$5,000–$1,999,999	4.95%	-	paid every 6 mo; Customer Relationship
Fixed36 months, interest paid monthly	-	3 yrs	$5,000–$1,999,999	3.75%	-	paid every 1 mo; Customer Relationship
Fixed36 months, interest paid annually	-	3 yrs	$5,000–$1,999,999	3.80%	-	paid every 1 yr; Customer Relationship
Fixed36 months, interest paid quarterly	-	3 yrs	$5,000–$1,999,999	3.75%	-	paid every 3 mo; Customer Relationship
Fixed36 months, interest paid half yearly	-	3 yrs	$5,000–$1,999,999	3.75%	-	paid every 6 mo; Customer Relationship
Fixed4 months, , interest paid at maturity	-	4 mo	$5,000–$1,999,999	3.35%	-	paid every 4 mo; Customer Relationship
Fixed48 months, interest paid monthly	-	4 yrs	$5,000–$1,999,999	3.75%	-	paid every 1 mo; Customer Relationship
Fixed48 months, interest paid annually	-	4 yrs	$5,000–$1,999,999	3.80%	-	paid every 1 yr; Customer Relationship
Fixed48 months, interest paid quarterly	-	4 yrs	$5,000–$1,999,999	3.75%	-	paid every 3 mo; Customer Relationship
Fixed48 months, interest paid half yearly	-	4 yrs	$5,000–$1,999,999	3.75%	-	paid every 6 mo; Customer Relationship
Fixed5 months, interest paid at maturity	-	5 mo	$5,000–$1,999,999	3.40%	-	paid every 5 mo; Customer Relationship
Fixed6 months, interest paid at maturity	-	6 mo	$5,000–$1,999,999	3.50%	-	paid every 6 mo; Customer Relationship
Fixed60 months, interest paid monthly	-	5 yrs	$5,000–$1,999,999	3.75%	-	paid every 1 mo; Customer Relationship
Fixed60 months, interest paid annually	-	5 yrs	$5,000–$1,999,999	3.80%	-	paid every 1 yr; Customer Relationship
Fixed60 months, interest paid quarterly	-	5 yrs	$5,000–$1,999,999	3.75%	-	paid every 3 mo; Customer Relationship
Fixed60 months, interest paid half yearly	-	5 yrs	$5,000–$1,999,999	3.75%	-	paid every 6 mo; Customer Relationship
Fixed7 months, interest paid at maturity	-	7 mo	$5,000–$1,999,999	3.60%	-	paid every 7 mo; Customer Relationship
Fixed8 months, interest paid at maturity	-	8 mo	$5,000–$1,999,999	3.70%	-	paid every 8 mo; Customer Relationship
Fixed9 months, interest paid at maturity	-	9 mo	$5,000–$1,999,999	3.80%	-	paid every 9 mo; Customer Relationship

Rate changes

8 changes logged, newest first.

Date	Rate	Was	Now	Change
22 Sept 2026	Fixed, 10 mo, $5,000–$1,999,999	3.70%	3.85%	up 0.15
22 Sept 2026	Fixed, 11 mo, $5,000–$1,999,999	3.70%	3.85%	up 0.15
22 Sept 2026	Fixed, 1 yr, $5,000–$1,999,999	5.10%	5.20%	up 0.10
22 Sept 2026	Fixed, 1 yr, $5,000–$1,999,999	5.10%	5.20%	up 0.10
22 Sept 2026	Fixed, 1 yr, $5,000–$1,999,999	5.15%	5.25%	up 0.10
22 Sept 2026	Fixed, 7 mo, $5,000–$1,999,999	3.55%	3.60%	up 0.05
22 Sept 2026	Fixed, 8 mo, $5,000–$1,999,999	3.60%	3.70%	up 0.10
22 Sept 2026	Fixed, 9 mo, $5,000–$1,999,999	3.70%	3.80%	up 0.10

Each change is logged the night it appears in the rates National Australia Bank publishes. See how every lender answered the RBA on the rate tracker.

Features

Digital banking

Eligibility and limits

Minimum age 14
Residency: Permanent Australian resident
Available to individuals
Available to businesses
Minimum balance $5,000

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All term deposits Other National Australia Bank term deposits Everything National Australia Bank publishes

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Published by National Australia Bank under the Consumer Data Right, last changed by them on 21 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.