At a glance
- Best rate
- 5.25% for 12m
- 12 months
- 5.25%
- 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.
| Rate | This term deposit | Best anywhere | Typical institution | Where it sits |
|---|---|---|---|---|
| 3-month term depositBest rate for 3 months | 3.50% | 5.30%Heartland Bank's Broker Term Deposit | 4.60%of 55 institutions | 47th highest of 55, level with 2 others |
| 6-month term depositBest rate for 6 months | 4.90% | 5.47%Heartland Bank's Broker Term Deposit | 5.10%of 63 institutions | 42nd highest of 63, level with 2 others |
| 12-month term depositBest rate for 12 months | 5.25% | 5.75%Suncorp Bank's Term Deposit | 5.30%of 65 institutions | 43rd highest of 65, level with 3 others |
| 2-year term depositBest rate for 2 years | 4.70% | 5.60%Judo Bank's Personal Term Deposits | 4.90%of 55 institutions | 32nd highest of 55, level with 2 others |
| 3-year term depositBest rate for 3 years | 4.20% | 5.60%Judo Bank's Personal Term Deposits | 4.25%of 44 institutions | 28th highest of 44, level with 3 others |
| 5-year term depositBest rate for 5 years | 3.65% | 5.65%Judo Bank's Personal Term Deposits | 4.00%of 27 institutions | 17th highest of 27 |
Rates
Every rate Summerland publishes for this term deposit, 32 in all.
Its best rate at each term
- 3 motypical 4.60%3.50%
- 4 mo4.65%
- 5 mo4.70%
- 6 motypical 5.10%4.90%
- 7 mo5.00%
- 8 mo5.00%
- 9 mo5.10%
- 10 mo5.10%
- 11 mo5.10%
- 1 yrtypical 5.30%5.25%
- 13 mo5.00%
- 18 mo5.00%
- 2 yrstypical 4.90%4.70%
- 3 yrstypical 4.25%4.20%
- 4 yrs3.60%
- 5 yrstypical 4.00%3.65%
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| Fixed10 months, Interest at Maturity | - | 10 mo | $1,000–$1,000,000 | 5.10% | - | paid at maturity |
| Fixed10 months, Interest Monthly | - | 10 mo | $1,000–$1,000,000 | 4.95% | - | paid every 1 mo |
| Fixed11 months, Interest at Maturity | - | 11 mo | $1,000–$1,000,000 | 5.10% | - | paid at maturity |
| Fixed11 months, Interest Monthly | - | 11 mo | $1,000–$1,000,000 | 4.95% | - | paid every 1 mo |
| Fixed12 Months, Interest Monthly | - | 1 yr | $1,000–$1,000,000 | 5.10% | - | paid every 1 mo |
| Fixed12 Months, Interest at Maturity | - | 1 yr | $1,000–$1,000,000 | 5.25% | - | paid at maturity; paid every 1 yr |
| Fixed13 months, Interest at Maturity | - | 13 mo | $1,000–$1,000,000 | 5.00% | - | paid at maturity |
| Fixed13 months, Interest Monthly | - | 13 mo | $1,000–$1,000,000 | 4.85% | - | paid every 1 mo |
| Fixed18 Months, Interest at Maturity | - | 18 mo | $1,000–$1,000,000 | 5.00% | - | paid at maturity |
| Fixed18 months, Interest Monthly | - | 18 mo | $1,000–$1,000,000 | 4.85% | - | paid every 1 mo |
| Fixed24 Months, Interest Monthly | - | 2 yrs | $1,000–$1,000,000 | 4.55% | - | paid every 1 mo |
| Fixed24 Months, Interest at Maturity | - | 2 yrs | $1,000–$1,000,000 | 4.70% | - | paid at maturity; paid every 2 yrs |
| Fixed3 Months, Interest Monthly | - | 3 mo | $1,000–$1,000,000 | 3.35% | - | paid every 1 mo |
| Fixed3 Months, Interest at Maturity | - | 3 mo | $1,000–$1,000,000 | 3.50% | - | paid at maturity; paid every 3 mo |
| Fixed36 Months, Interest Monthly | - | 3 yrs | $1,000–$1,000,000 | 4.05% | - | paid every 1 mo |
| Fixed36 Months, Interest at Maturity | - | 3 yrs | $1,000–$1,000,000 | 4.20% | - | paid at maturity; paid every 3 yrs |
| Fixed4 Months, Interest Monthly | - | 4 mo | $1,000–$1,000,000 | 4.50% | - | paid every 1 mo |
| Fixed4 Months, Interest at Maturity | - | 4 mo | $1,000–$1,000,000 | 4.65% | - | paid at maturity; paid every 4 mo |
| Fixed48 Months, Interest Monthly | - | 4 yrs | $1,000–$1,000,000 | 3.45% | - | paid every 1 mo |
| Fixed48 Months, Interest at Maturity | - | 4 yrs | $1,000–$1,000,000 | 3.60% | - | paid at maturity; paid every 4 yrs |
| Fixed5 Months, Interest Monthly | - | 5 mo | $1,000–$1,000,000 | 4.55% | - | paid every 1 mo |
| Fixed5 Months, Interest at Maturity | - | 5 mo | $1,000–$1,000,000 | 4.70% | - | paid at maturity; paid every 5 mo |
| Fixed6 Months, Interest Monthly | - | 6 mo | $1,000–$1,000,000 | 4.75% | - | paid every 1 mo |
| Fixed6 Months, Interest at Maturity | - | 6 mo | $1,000–$1,000,000 | 4.90% | - | paid at maturity; paid every 6 mo |
| Fixed60 Months, Interest Monthly | - | 5 yrs | $1,000–$1,000,000 | 3.50% | - | paid every 1 mo |
| Fixed60 Months, Interest at Maturity | - | 5 yrs | $1,000–$1,000,000 | 3.65% | - | paid at maturity; paid every 5 yrs |
| Fixed7 months, Interest at Maturity | - | 7 mo | $1,000–$1,000,000 | 5.00% | - | paid at maturity |
| Fixed7 months, Interest Monthly | - | 7 mo | $1,000–$1,000,000 | 4.85% | - | paid every 1 mo |
| Fixed8 months, Interest at Maturity | - | 8 mo | $1,000–$1,000,000 | 5.00% | - | paid at maturity |
| Fixed8 months, Interest Monthly | - | 8 mo | $1,000–$1,000,000 | 4.85% | - | paid every 1 mo |
| Fixed9 Months, Interest Monthly | - | 9 mo | $1,000–$1,000,000 | 4.95% | - | paid every 1 mo |
| Fixed9 Months, Interest at Maturity | - | 9 mo | $1,000–$1,000,000 | 5.10% | - | paid at maturity; paid every 9 mo |
Features
- Save on paper, receive and view your statements online.
Eligibility and limits
- Residency: An eligibility constraint based on residency status applies.
- Minimum balance $1,000
Compare it with others
Put this product through a calculator
Published by Summerland Bank under the Consumer Data Right, last changed by them on 8 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.