The Finance Algorithm
Unity Bank

Term Deposit

With a Term Deposit your money is invested for a fixed period of time with a guaranteed rate of return. Term deposit rates vary depending on the frequency of interest payments and the length of time.

Term depositsBank updated 24 June 2026
At a glance
Best rate
5.55% for 24m
12 months
5.30%
Min deposit
$1,000
§ 01 — Rates · 37
TypeApplies toTermBandRateComparisonConditions
FixedThese rates only apply to retail deposits and are offered if the member nominates for interest to be paid monthly.1 mo$1,000–$9,999,9992.50%paid at maturity
FixedThese rates only apply to retail deposits and are offered if the member nominates for interest to be paid monthly.10 mo$1,000–$9,999,9994.25%paid at maturity
FixedThese rates only apply to retail deposits and are offered if the member nominates for interest to be paid monthly.10 mo$1,000–$9,999,9994.05%paid every 1 mo
FixedThese rates only apply to retail deposits and are offered if the member nominates for interest to be paid monthly.11 mo$1,000–$9,999,9994.25%paid at maturity
FixedThese rates only apply to retail deposits and are offered if the member nominates for interest to be paid monthly.11 mo$1,000–$9,999,9994.05%paid every 1 mo
FixedThese rates only apply to retail deposits and are offered if the member nominates for interest to be paid monthly.1 yr$1,000–$9,999,9995.30%paid at maturity
FixedThese rates only apply to retail deposits and are offered if the member nominates for interest to be paid monthly.1 yr$1,000–$9,999,9995.20%paid every 1 mo
FixedThese rates only apply to retail deposits and are offered if the member nominates for interest to be paid monthly.13 mo$1,000–$9,999,9993.70%paid every 1 mo
FixedThese rates only apply to retail deposits and are offered if the member nominates for interest to be paid monthly.13 mo$1,000–$9,999,9993.85%paid every 1 yr
FixedThese rates only apply to retail deposits and are offered if the member nominates for interest to be paid monthly.18 mo$1,000–$9,999,9993.70%paid every 1 mo
FixedThese rates only apply to retail deposits and are offered if the member nominates for interest to be paid monthly.18 mo$1,000–$9,999,9993.85%paid every 1 yr
FixedThese rates only apply to retail deposits and are offered if the member nominates for interest to be paid monthly.2 mo$1,000–$9,999,9993.00%paid at maturity
FixedThese rates only apply to retail deposits and are offered if the member nominates for interest to be paid monthly.2 mo$1,000–$9,999,9992.95%paid every 1 mo
FixedThese rates only apply to retail deposits and are offered if the member nominates for interest to be paid monthly.2 yrs$1,000–$9,999,9995.40%paid every 1 mo
FixedThese rates only apply to retail deposits and are offered if the member nominates for interest to be paid monthly.2 yrs$1,000–$9,999,9995.55%paid every 1 yr
FixedThese rates only apply to retail deposits and are offered if the member nominates for interest to be paid monthly.3 mo$1,000–$9,999,9994.95%paid at maturity
FixedThese rates only apply to retail deposits and are offered if the member nominates for interest to be paid monthly.3 mo$1,000–$9,999,9994.90%paid every 1 mo
FixedThese rates only apply to retail deposits and are offered if the member nominates for interest to be paid monthly.30 mo$1,000–$9,999,9995.40%paid every 1 mo
FixedThese rates only apply to retail deposits and are offered if the member nominates for interest to be paid monthly.30 mo$1,000–$9,999,9995.55%paid every 1 yr
FixedThese rates only apply to retail deposits and are offered if the member nominates for interest to be paid monthly.3 yrs$1,000–$9,999,9994.65%paid every 1 mo
FixedThese rates only apply to retail deposits and are offered if the member nominates for interest to be paid monthly.3 yrs$1,000–$9,999,9994.85%paid every 1 yr
FixedThese rates only apply to retail deposits and are offered if the member nominates for interest to be paid monthly.4 mo$1,000–$9,999,9994.05%paid at maturity
FixedThese rates only apply to retail deposits and are offered if the member nominates for interest to be paid monthly.4 mo$1,000–$9,999,9994.00%paid every 1 mo
FixedThese rates only apply to retail deposits and are offered if the member nominates for interest to be paid monthly.4 yrs$1,000–$9,999,9994.05%paid every 1 mo
FixedThese rates only apply to retail deposits and are offered if the member nominates for interest to be paid monthly.4 yrs$1,000–$9,999,9994.25%paid every 1 yr
FixedThese rates only apply to retail deposits and are offered if the member nominates for interest to be paid monthly.5 mo$1,000–$9,999,9994.05%paid at maturity
FixedThese rates only apply to retail deposits and are offered if the member nominates for interest to be paid monthly.5 mo$1,000–$9,999,9994.00%paid every 1 mo
FixedThese rates only apply to retail deposits and are offered if the member nominates for interest to be paid monthly.6 mo$1,000–$9,999,9995.15%paid at maturity
FixedThese rates only apply to retail deposits and are offered if the member nominates for interest to be paid monthly.6 mo$1,000–$9,999,9995.10%paid every 1 mo
FixedThese rates only apply to retail deposits and are offered if the member nominates for interest to be paid monthly.5 yrs$1,000–$9,999,9994.05%paid every 1 mo
FixedThese rates only apply to retail deposits and are offered if the member nominates for interest to be paid monthly.5 yrs$1,000–$9,999,9994.25%paid every 1 yr
FixedThese rates only apply to retail deposits and are offered if the member nominates for interest to be paid monthly.7 mo$1,000–$9,999,9994.05%paid at maturity
FixedThese rates only apply to retail deposits and are offered if the member nominates for interest to be paid monthly.7 mo$1,000–$9,999,9994.00%paid every 1 mo
FixedThese rates only apply to retail deposits and are offered if the member nominates for interest to be paid monthly.8 mo$1,000–$9,999,9994.05%paid at maturity
FixedThese rates only apply to retail deposits and are offered if the member nominates for interest to be paid monthly.8 mo$1,000–$9,999,9994.00%paid every 1 mo
FixedThese rates only apply to retail deposits and are offered if the member nominates for interest to be paid monthly.9 mo$1,000–$9,999,9995.15%paid at maturity
FixedThese rates only apply to retail deposits and are offered if the member nominates for interest to be paid monthly.9 mo$1,000–$9,999,9995.05%paid every 1 mo
§ 02 — Fees · 1
FeeTypeAmountWhenNotes
PAPER_STATEMENT_FEEPeriodic$2Every 1 moA fee charged to cover the cost of producing and sending paper statements
§ 03 — Features
Fraud protection
  • · Backed by the Government Deposit Guarantee for deposits up to $250,000
  • · Automatically rollover your existing Term Deposit at the rate of interest relevant to the new term that you select, or we will re-invest the principal and interest in accordance with the account inst…
  • · Early withdrawal may be allowed at the discretion of the Bank on 31 days' notice. Where funds are withdrawn from a term deposit account prior to maturity, a reduction to the interest rate will be app…
§ 04 — Eligibility & limits
  • · Residency: PERMANENT RESIDENT
  • · Available to individuals
  • · Minimum balance $1,000
  • · Opening balance $1,000

Published by Unity Bank under the Consumer Data Right, last changed by them on 24 June 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.