The Finance Algorithm
Police Bank

Term Deposit

Term Deposit

Term depositsBank updated 3 Sept 2026
At a glance
Best rate
5.25% for 4m
12 months
5.00%
Min deposit
$1,000
§ 01 — Rates · 23
TypeApplies toTermBandRateComparisonConditions
FixedBalance $10,000-$500,000 - I12 Interest Paid at Maturity1 yr$10,000–$500,0005.00%paid at maturity
FixedBalance $10,000 to $500,000 - I24 Interest Paid Every Month1 yr$10,000–$500,0004.95%paid every 1 mo
FixedBalance $20,000 or more - I60 Interest Paid at Maturity2 mo$20,000–$500,0001.40%paid at maturity
FixedBalance $10,000-$500,000 - I52 Interest Paid Every Month2 yrs$10,000–$500,0004.55%paid every 1 mo
FixedBalance $10,000 or more - I29 Interest Paid Every 6 months2 yrs$10,000–$500,0004.60%paid every 6 mo
FixedBalance $1,000 to $9,999 - I1 Interest Paid at Maturity3 mo$1,000–$10,0004.30%paid at maturity
FixedBalance $1,000 to $9,999 - I2 Interest Paid Every Month3 mo$1,000–$10,0004.25%paid every 1 mo
FixedBalance $10,000 or more - I5 Interest Paid at Maturity3 mo$10,000–$500,0004.30%paid at maturity
FixedBalance $10,000 or more - I3 Interest Paid Every Month3 mo$10,000–$500,0004.25%paid every 1 mo
FixedBalance $20,000 or more - I63 Interest Paid Monthly30 mo$20,000–$500,0001.10%paid every 1 mo
FixedBalance $10,000 or more - I53 Interest Paid Every Month3 yrs$10,000–$500,0004.15%paid every 1 mo
FixedBalance $10,000 or more - I31 Interest Paid Every 6 Months3 yrs$10,000–$500,0004.20%paid every 6 mo
FixedBalance $10,000 or more - I5 Interest Paid at Maturity4 mo$10,000–$500,0005.25%paid at maturity
FixedBalance $10,000 or more - I54 Interest Paid Every Month4 yrs$10,000–$500,0004.15%paid every 1 mo
FixedBalance $10,000 or more - I32 Interest Paid Every 6 Months4 yrs$10,000–$500,0004.20%paid every 6 mo
FixedBalance $10,000 or more - I5 Interest Paid at Maturity5 mo$10,000–$500,0004.30%paid at maturity
FixedBalance $10,000 or more - I25 Interest Paid at Maturity6 mo$10,000–$500,0004.85%paid at maturity
FixedBalance $10,000 or more - I10 Interest Paid Every Month6 mo$10,000–$500,0004.80%paid every 1 mo
FixedBalance $10,000 or more - I55 Interest Paid Every Month5 yrs$10,000–$500,0004.15%paid every 1 mo
FixedBalance $10,000 or more - I33 Interest Paid Every 6 Months5 yrs$10,000–$500,0004.20%paid every 6 mo
FixedBalance $10,000 or more - I5 Interest Paid at Maturity7 mo$10,000–$500,0004.65%paid at maturity
FixedBalance $10,000 or more - I5 Interest Paid at Maturity9 mo$10,000–$500,0005.25%paid at maturity
FixedBalance $10,000 or more - I10 Interest Paid Every Month9 mo$10,000–$500,0005.20%paid every 1 mo
§ 02 — Fees · 1
FeeTypeAmountWhenNotes
Penalty InterestEvent0.10% of transactionReduced rate for early redemption is 0.10% p.a.
§ 03 — Features
Digital banking
  • · Contributes to Reduced Fees Program. Simply maintain a combined monthly balance of $5000 or more worth of savings, investments or loans and you will receive more fee free ATM and EFTPOS transactions…
  • · Resist temptation to dip into funds by locking funds away
  • · Phone Banking. You can check your account details online with Internet Banking – the service is free.
§ 04 — Eligibility & limits
  • · Residency: Australian Residents

Published by Police Bank under the Consumer Data Right, last changed by them on 3 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.