The Finance Algorithm
Northern Inland Credit Union Ltd. logoNorthern Inland Credit Union Ltd.

24 MONTHS Term Deposit with interest paid monthly

Take advantage of great fixed returns on term deposits from $5000 on 3 to 24 months terms. Youth deposits from $1000 (under 20 years).

Term depositsBank updated 22 Apr 2026

At a glance

Best rate
3.85% for 24m
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.

This term deposit: 3.85%Every other institution's highest, 54 in all

Best rate for 2 years. One dot per institution, at its highest 2-year term deposit rate anyone can apply for; hover or tap a dot for its name.

RateThis term depositBest anywhereTypical institutionWhere it sits
2-year term depositBest rate for 2 years3.85%5.60%Judo Bank's Personal Term Deposits4.90%of 55 institutions43rd highest of 55

Rates

Every rate Northern Inland Credit Union Ltd. publishes for this term deposit, 5 in all.

TypeApplies toTermBandRateComparisonConditions
FixedFor amounts greater than $249,999.99 please contact any Northern Inland Credit Union branch for the latest interest rates-2 yrs$10,000–$25,0003.85%-paid every 1 mo
FixedFor amounts greater than $249,999.99 please contact any Northern Inland Credit Union branch for the latest interest rates-2 yrs$100,000–$250,0003.85%-paid every 1 mo
FixedFor amounts greater than $249,999.99 please contact any Northern Inland Credit Union branch for the latest interest rates-2 yrs$25,000–$50,0003.85%-paid every 1 mo
FixedFor amounts greater than $249,999.99 please contact any Northern Inland Credit Union branch for the latest interest rates-2 yrs$5,000–$10,0003.85%-paid every 1 mo
FixedFor amounts greater than $249,999.99 please contact any Northern Inland Credit Union branch for the latest interest rates-2 yrs$50,000–$100,0003.85%-paid every 1 mo

Features

  • Deposits to this account are covered under the Australian Financial Claims Scheme up to $250,000 in total balances for each account holder at Northern Inland Credit Union
  • If you withdraw funds prior to maturity, interest is recalculated at the On Call Savings Account rate, except on hardship grounds at our discretion

Eligibility and limits

  • Residency: AU
  • Minimum balance $5,000

Published by Northern Inland Credit Union Limited under the Consumer Data Right, last changed by them on 22 Apr 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.