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Term deposit rates in Australia, May 2026

As of 31 May 2026, the highest 12-month term deposit rate tracked by BankMate was 5.50% p.a. from MOVE Bank (Term Deposit). The highest rate at any term was 5.65% for 5 yr from Rabobank. The average 12-month rate across 430 deposits was 4.79% p.a. (median 5.00%); 737 of 2093 deposits at any term paid 5% or more. Longer terms paid more: the average 3 yr rate was 0.12 points above the 6 mo rate. During May 2026 BankMate recorded 488 rate rises and 28 cuts across 43 banks.

Highest 12-month rates

430 deposits · as of 31 May 2026
  1. 🚀
    1
    5.50%
    MOVE BankTerm Deposit11 mo
    Go to site
  2. 🏦
    2
    5.50%
    gmcuFixed Term Deposit - 12 months1 yr
    Go to site
  3. 🏦
    3
    5.45%
    Judo BankPersonal Term Deposits11 mo
    Go to site
  1. 4
    🏦
    Heartland Term Deposit1 yr5.45%
  2. 5
    🏦
    RACQ Bank Term Deposit1 yr5.45%
  3. 6
    🚀
    MOVE Bank Term Deposit1 yr5.45%
  4. 7
    🏦
    Police Credit Union Ltd PALMERSTON TRM DEPOSIT13 mo5.45%
  5. 8
    🏦
    Police Credit Union Ltd CONTACT TERM DEPOSIT13 mo5.45%
  6. 9
    🏦
    Police Credit Union Ltd YORKETOWN TERM DEPOSIT13 mo5.45%
  7. 10
    🏦
    Police Credit Union Ltd MT GAMBIER TRM DEPOSIT13 mo5.45%
Compare all 2093

Terms from 11 to 13 months count as 12-month deposits. Rates are for new money at the minimum deposit; interest is paid at maturity unless the bank says otherwise. Business, SMSF and wholesale deposits are excluded.

Rates by term

Highest and average at each term
Highest rateAverage rateAverage last month
3.8%4.3%4.8%5.3%5.8%3 mo6 mo9 mo1 yr2 yr3 yr5 yr5.65%4.46%
TermHighestAverageMonth change
3 mo · 2615.15%4.26%+0.11
6 mo · 3505.40%4.39%+0.11
9 mo · 3175.55%4.33%+0.03
1 yr · 4305.50%4.79%+0.01
2 yr · 2815.60%4.64%+0.02
3 yr · 1765.45%4.51%+0.04
5 yr · 805.65%4.46%−0.46

Each deposit joins the nearest headline term within 10% of it (11 to 13 months → 12 months); deposits at odd terms such as 18 months count only in the overall figures. “Month change” compares each term's average with the same figure reconstructed for the previous month.

The Big 4

Best 12-month rate at each
  • 🏦
    4.70%at 12 months
    Commonwealth BankBest any term 5.20% · 2 yr
  • 🏢
    5.00%at 12 months
    Westpac
  • 🏛️
    5.23%at 12 months
    ANZ
  • 🏪
    5.25%at 12 months
    NAB

Paid monthly

Highest rates that pay interest monthly
  1. 1
    🐄
    Rabobank Online Term Deposit5 yr5.55%
  2. 2
    🐄
    Rabobank Online Term Deposit5 yr5.55%
  3. 3
    🏦
    gmcu Monthly Income Term Deposit - 24 months2 yr5.50%
  4. 4
    🐄
    Rabobank Online Term Deposit5 yr5.45%
  5. 5
    🐄
    Rabobank Online Term Deposit5 yr5.45%

For anyone drawing an income from a deposit. Banks usually shade the rate slightly for monthly payment; the figures here are the monthly-paid rate as published.

Rate changes in May

488 rises · 28 cuts · 43 banks

Cuts

  • 🏦
    Alex.Bank cut 10 depositsup to −0.55
    • 1 yrTerm Deposit - Direct5.25 → 5.15−0.10
    • 1 yrTerm Deposit - Direct5.35 → 5.25−0.10
    • 2 yrTerm Deposit - Direct5.35 → 4.80−0.55
    • 2 yrTerm Deposit - Direct5.25 → 4.70−0.55
    • 3 yrTerm Deposit - Direct5.25 → 4.70−0.55
    • 3 yrTerm Deposit - Direct5.35 → 4.80−0.55
    • 4 yrTerm Deposit - Direct5.25 → 4.70−0.55
    • 4 yrTerm Deposit - Direct5.35 → 4.80−0.55
    • 5 yrTerm Deposit - Direct5.00 → 4.70−0.30
    • 5 yrTerm Deposit - Direct5.10 → 4.80−0.30
  • 🏦
    BNK Bank (Goldfields Money/BCHL) cut 8 depositsup to −0.25
    • 5 moStow It Term Deposit Account5.30 → 5.20−0.10
    • 6 moStow It Term Deposit Account5.55 → 5.30−0.25
    • 7 moStow It Term Deposit Account5.55 → 5.35−0.20
    • 8 moStow It Term Deposit Account5.55 → 5.35−0.20
    • 9 moStow It Term Deposit Account5.60 → 5.35−0.25
    • 10 moStow It Term Deposit Account5.40 → 5.35−0.05
    • 11 moStow It Term Deposit Account5.40 → 5.35−0.05
    • 1 yrStow It Term Deposit Account5.40 → 5.35−0.05
  • 🏦
    Bank Australia cut 4 depositsup to −0.10
    • 1 yrTerm Deposit 12 months5.45 → 5.35−0.10
    • 1 yrTerm Deposit 12 months5.45 → 5.35−0.10
    • 1 yrMonthly Term Deposit 12 months5.35 → 5.25−0.10
    • 1 yrMonthly Term Deposit 12 months5.35 → 5.25−0.10
  • 🏦
    Heartland cut 3 depositsup to −0.10
    • 9 moTerm Deposit5.45 → 5.40−0.05
    • 1 yrTerm Deposit5.40 → 5.30−0.10
    • 1 yrTerm Deposit5.55 → 5.45−0.10
  • 🏦
    Judo Bank cut 2 depositsup to −0.10
    • 1 yrPersonal Term Deposits5.45 → 5.35−0.10
    • 1 yrPersonal Term Deposits5.35 → 5.25−0.10
  • 🏢
    Westpac cut 1 deposit−0.10
    • 2 yrTerm Deposit5.10 → 5.00−0.10

Rises

  • 🏦
    QBANK raised 80 depositsup to +0.20
    • 3 moTerm Deposit 3 Month4.35 → 4.50+0.15
    • 3 moTerm Deposit 3 Month4.30 → 4.45+0.15
    • 3 moTerm Deposit 3 Month4.35 → 4.50+0.15
    • 3 moTerm Deposit 3 Month4.55 → 4.70+0.15
    • 3 moTerm Deposit 3 Month4.50 → 4.65+0.15
    • 3 moTerm Deposit 3 Month4.10 → 4.25+0.15
    • 3 moTerm Deposit 3 Month4.55 → 4.70+0.15
    • 3 moTerm Deposit 3 Month3.95 → 4.10+0.15
    • 3 moTerm Deposit 3 Month4.15 → 4.30+0.15
    • 3 moTerm Deposit 3 Month4.70 → 4.85+0.15
    • 3 moTerm Deposit 3 Month4.15 → 4.30+0.15
    • 3 moTerm Deposit 3 Month3.95 → 4.10+0.15
    • and 68 more deposits at QBANK
  • 🏦
    CommFCU raised 50 depositsup to +0.25
    • 3 moTERM DEPOSITS - 3 TO 5 MONTHS INTEREST ON MATURITY4.70 → 4.95+0.25
    • 3 moTERM DEPOSITS - 3 TO 5 MONTHS INTEREST ON MATURITY4.60 → 4.85+0.25
    • 3 moTERM DEPOSITS - 3 TO 5 MONTHS INTEREST ON MATURITY4.60 → 4.85+0.25
    • 3 moTERM DEPOSITS - 3 TO 5 MONTHS INTEREST ON MATURITY4.60 → 4.85+0.25
    • 3 moTERM DEPOSITS - 3 TO 5 MONTHS INTEREST ON MATURITY4.70 → 4.95+0.25
    • 3 moTERM DEPOSITS - 3 TO 5 MONTHS INTEREST MONTHLY4.50 → 4.75+0.25
    • 3 moTERM DEPOSITS - 3 TO 5 MONTHS INTEREST MONTHLY4.60 → 4.85+0.25
    • 3 moTERM DEPOSITS - 3 TO 5 MONTHS INTEREST MONTHLY4.50 → 4.75+0.25
    • 3 moTERM DEPOSITS - 3 TO 5 MONTHS INTEREST MONTHLY4.60 → 4.85+0.25
    • 3 moTERM DEPOSITS - 3 TO 5 MONTHS INTEREST MONTHLY4.50 → 4.75+0.25
    • 6 moTERM DEPOSITS - 6 TO 11 MONTHS INTEREST ON MATURITY4.75 → 5.00+0.25
    • 6 moTERM DEPOSITS - 6 TO 11 MONTHS INTEREST ON MATURITY4.85 → 5.10+0.25
    • and 38 more deposits at CommFCU
  • 🏪
    NAB raised 50 depositsup to +0.20
    • 1 yrNAB Term Deposit5.10 → 5.25+0.15
    • 1 yrNAB Term Deposit5.00 → 5.15+0.15
    • 1 yrNAB Term Deposit5.10 → 5.25+0.15
    • 1 yrNAB Term Deposit5.00 → 5.15+0.15
    • 1 yrNAB Term Deposit5.10 → 5.25+0.15
    • 13 moNAB Term Deposit5.10 → 5.20+0.10
    • 13 moNAB Term Deposit5.10 → 5.20+0.10
    • 13 moNAB Term Deposit5.00 → 5.10+0.10
    • 13 moNAB Term Deposit5.00 → 5.10+0.10
    • 14 moNAB Term Deposit5.10 → 5.20+0.10
    • 14 moNAB Term Deposit5.10 → 5.20+0.10
    • 14 moNAB Term Deposit5.00 → 5.10+0.10
    • and 38 more deposits at NAB
  • 🏦
    Summerland Bank raised 30 depositsup to +0.20
    • 7 moFixed Term Deposit4.55 → 4.70+0.15
    • 7 moFixed Term Deposit4.75 → 4.90+0.15
    • 7 moFixed Term Deposit4.85 → 5.00+0.15
    • 7 moFixed Term Deposit4.75 → 4.90+0.15
    • 7 moFixed Term Deposit4.65 → 4.80+0.15
    • 7 moFixed Term Deposit4.65 → 4.80+0.15
    • 9 moFixed Term Deposit4.70 → 4.90+0.20
    • 9 moFixed Term Deposit4.70 → 4.90+0.20
    • 9 moFixed Term Deposit4.80 → 5.00+0.20
    • 9 moFixed Term Deposit4.80 → 5.00+0.20
    • 9 moFixed Term Deposit4.60 → 4.80+0.20
    • 9 moFixed Term Deposit4.90 → 5.10+0.20
    • and 18 more deposits at Summerland Bank
  • 💼
    Macquarie Bank Limited raised 28 depositsup to +0.10
    • 3 moMacquarie Term Deposit4.80 → 4.90+0.10
    • 3 moMacquarie Term Deposit4.80 → 4.90+0.10
    • 3 moMacquarie Term Deposit4.78 → 4.88+0.10
    • 3 moMacquarie Term Deposit4.78 → 4.88+0.10
    • 4 moMacquarie Term Deposit4.80 → 4.90+0.10
    • 4 moMacquarie Term Deposit4.77 → 4.87+0.10
    • 4 moMacquarie Term Deposit4.80 → 4.90+0.10
    • 4 moMacquarie Term Deposit4.77 → 4.87+0.10
    • 6 moMacquarie Term Deposit5.05 → 5.15+0.10
    • 6 moMacquarie Term Deposit5.02 → 5.12+0.10
    • 6 moMacquarie Term Deposit5.02 → 5.12+0.10
    • 6 moMacquarie Term Deposit5.05 → 5.15+0.10
    • and 16 more deposits at Macquarie Bank Limited
  • 🏦
    Auswide Bank Ltd raised 24 depositsup to +0.20
    • 6 moMATURITY TERM DEPOSIT4.95 → 5.00+0.05
    • 6 moMATURITY TERM DEPOSIT4.95 → 5.00+0.05
    • 6 moMATURITY TERM DEPOSIT4.95 → 5.00+0.05
    • 6 moMATURITY TERM DEPOSIT4.95 → 5.00+0.05
    • 6 moMATURITY TERM DEPOSIT4.95 → 5.00+0.05
    • 6 moMATURITY TERM DEPOSIT4.95 → 5.00+0.05
    • 6 moMATURITY TERM DEPOSIT4.95 → 5.00+0.05
    • 6 moMATURITY TERM DEPOSIT4.95 → 5.00+0.05
    • 9 moMATURITY TERM DEPOSIT5.00 → 5.10+0.10
    • 9 moMATURITY TERM DEPOSIT5.00 → 5.10+0.10
    • 9 moMATURITY TERM DEPOSIT5.00 → 5.10+0.10
    • 9 moMATURITY TERM DEPOSIT5.00 → 5.10+0.10
    • and 12 more deposits at Auswide Bank Ltd
  • 🏦
    Health Professionals Bank raised 16 depositsup to +0.40
    • 4 moTerm Deposit for Customers4.40 → 4.80+0.40
    • 4 moTerm Deposit for Customers4.40 → 4.80+0.40
    • 4 moTerm Deposit4.40 → 4.80+0.40
    • 4 moTerm Deposit4.40 → 4.80+0.40
    • 7 moTerm Deposit for Customers4.40 → 4.60+0.20
    • 7 moTerm Deposit for Customers4.40 → 4.60+0.20
    • 7 moTerm Deposit4.40 → 4.60+0.20
    • 7 moTerm Deposit4.40 → 4.60+0.20
    • 8 moTerm Deposit for Customers4.75 → 5.00+0.25
    • 8 moTerm Deposit for Customers4.75 → 5.00+0.25
    • 8 moTerm Deposit4.75 → 5.00+0.25
    • 8 moTerm Deposit4.75 → 5.00+0.25
    • and 4 more deposits at Health Professionals Bank
  • 🏦
    Firefighters Mutual Bank raised 16 depositsup to +0.40
    • 4 moTerm Deposit4.40 → 4.80+0.40
    • 4 moTerm Deposit4.40 → 4.80+0.40
    • 4 moTerm Deposit for Customers4.40 → 4.80+0.40
    • 4 moTerm Deposit for Customers4.40 → 4.80+0.40
    • 7 moTerm Deposit4.40 → 4.60+0.20
    • 7 moTerm Deposit4.40 → 4.60+0.20
    • 7 moTerm Deposit for Customers4.40 → 4.60+0.20
    • 7 moTerm Deposit for Customers4.40 → 4.60+0.20
    • 8 moTerm Deposit4.75 → 5.00+0.25
    • 8 moTerm Deposit4.75 → 5.00+0.25
    • 8 moTerm Deposit for Customers4.75 → 5.00+0.25
    • 8 moTerm Deposit for Customers4.75 → 5.00+0.25
    • and 4 more deposits at Firefighters Mutual Bank
  • 🏦
    UniBank raised 16 depositsup to +0.40
    • 4 moTerm Deposit4.40 → 4.80+0.40
    • 4 moTerm Deposit4.40 → 4.80+0.40
    • 4 moTerm Deposit for Customers4.40 → 4.80+0.40
    • 4 moTerm Deposit for Customers4.40 → 4.80+0.40
    • 7 moTerm Deposit4.40 → 4.60+0.20
    • 7 moTerm Deposit4.40 → 4.60+0.20
    • 7 moTerm Deposit for Customers4.40 → 4.60+0.20
    • 7 moTerm Deposit for Customers4.40 → 4.60+0.20
    • 8 moTerm Deposit4.75 → 5.00+0.25
    • 8 moTerm Deposit4.75 → 5.00+0.25
    • 8 moTerm Deposit for Customers4.75 → 5.00+0.25
    • 8 moTerm Deposit for Customers4.75 → 5.00+0.25
    • and 4 more deposits at UniBank
  • 🏦
    Teachers Mutual Bank raised 16 depositsup to +0.40
    • 4 moTerm Deposit for Customers4.40 → 4.80+0.40
    • 4 moTerm Deposit for Customers4.40 → 4.80+0.40
    • 4 moTerm Deposit4.40 → 4.80+0.40
    • 4 moTerm Deposit4.40 → 4.80+0.40
    • 7 moTerm Deposit for Customers4.40 → 4.60+0.20
    • 7 moTerm Deposit for Customers4.40 → 4.60+0.20
    • 7 moTerm Deposit4.40 → 4.60+0.20
    • 7 moTerm Deposit4.40 → 4.60+0.20
    • 8 moTerm Deposit for Customers4.75 → 5.00+0.25
    • 8 moTerm Deposit for Customers4.75 → 5.00+0.25
    • 8 moTerm Deposit4.75 → 5.00+0.25
    • 8 moTerm Deposit4.75 → 5.00+0.25
    • and 4 more deposits at Teachers Mutual Bank
  • 🏦
    Commonwealth Bank raised 16 depositsup to +0.05
    • 1 yrStandard Term Deposit4.60 → 4.65+0.05
    • 1 yrStandard Term Deposit4.60 → 4.65+0.05
    • 1 yrStandard Term Deposit4.60 → 4.65+0.05
    • 1 yrStandard Term Deposit4.60 → 4.65+0.05
    • 1 yrStandard Term Deposit4.65 → 4.70+0.05
    • 1 yrStandard Term Deposit4.65 → 4.70+0.05
    • 1 yrStandard Term Deposit4.65 → 4.70+0.05
    • 1 yrStandard Term Deposit4.65 → 4.70+0.05
    • 1 yrStandard Term Deposit4.65 → 4.70+0.05
    • 1 yrStandard Term Deposit4.65 → 4.70+0.05
    • 1 yrStandard Term Deposit4.65 → 4.70+0.05
    • 1 yrStandard Term Deposit4.65 → 4.70+0.05
    • and 4 more deposits at Commonwealth Bank
  • 🏦
    Bank of us raised 15 depositsup to +0.25
    • 1 yrFIXED TERM INVESTMENT4.90 → 5.15+0.25
    • 1 yrFIXED TERM INVESTMENT4.90 → 5.15+0.25
    • 1 yrFIXED TERM INVESTMENT4.90 → 5.15+0.25
    • 1 yrFIXED TERM INVESTMENT4.90 → 5.15+0.25
    • 1 yrFIXED TERM INVESTMENT4.90 → 5.15+0.25
    • 1 yrFIXED TERM INVESTMENT4.90 → 5.15+0.25
    • 1 yrFIXED TERM INVESTMENT4.90 → 5.15+0.25
    • 1 yrFIXED TERM INVESTMENT4.90 → 5.15+0.25
    • 1 yrFIXED TERM INVESTMENT4.90 → 5.15+0.25
    • 1 yrFIXED TERM INVESTMENT4.90 → 5.15+0.25
    • 1 yrFIXED TERM INVESTMENT4.90 → 5.15+0.25
    • 1 yrFIXED TERM INVESTMENT4.90 → 5.15+0.25
    • and 3 more deposits at Bank of us
  • 🏠
    Hume Bank raised 14 depositsup to +0.15
    • 3 moTerm Deposit 3M (Interest at Maturity)3.50 → 3.60+0.10
    • 3 moTerm Deposit Online 3M (Interest at Maturity)3.50 → 3.60+0.10
    • 3 moTerm Deposit - Online 100 Day4.75 → 4.85+0.10
    • 3 moTerm Deposit 100 Day (Interest at Maturity)4.75 → 4.85+0.10
    • 6 moTerm Deposit 6M (Interest at Maturity)5.00 → 5.05+0.05
    • 6 moTerm Deposit Online 6M (Interest at Maturity)5.00 → 5.05+0.05
    • 6 moTerm Deposit 6M (Interest Paid Monthly)4.90 → 4.95+0.05
    • 9 moTerm Deposit 9M (Interest at Maturity)5.00 → 5.10+0.10
    • 1 yrTerm Deposit 12M (Interest Paid Monthly)5.10 → 5.20+0.10
    • 1 yrTerm Deposit 12M (Interest at Maturity)5.20 → 5.30+0.10
    • 2 yrTerm Deposit 24M (Paid annually and at Maturity)5.00 → 5.10+0.10
    • 2 yrTerm Deposit 24M (Interest Paid Monthly)4.90 → 5.00+0.10
    • and 2 more deposits at Hume Bank
  • 🏦
    Defence Bank raised 11 depositsup to +0.55
    • 3 moTerm Deposit 3 months3.85 → 4.10+0.25
    • 4 moTerm Deposit 4 month4.85 → 5.10+0.25
    • 5 moTerm Deposit 5 month4.25 → 4.50+0.25
    • 6 moTerm Deposit 6 months4.25 → 4.50+0.25
    • 7 moTerm Deposit 7 months4.25 → 4.50+0.25
    • 8 moTerm Deposit 8 month4.25 → 4.50+0.25
    • 9 moTerm Deposit 9 months4.25 → 4.50+0.25
    • 10 moTerm Deposit 10 month5.00 → 5.55+0.55
    • 11 moTerm Deposit 11 month4.25 → 4.50+0.25
    • 1 yrTerm Deposit 12 months4.70 → 4.95+0.25
    • 2 yrTerm Deposit 24 months5.00 → 5.55+0.55
  • 💳
    Newcastle Permanent Building Society raised 11 depositsup to +0.25
    • 1 yrTerm Deposit5.05 → 5.25+0.20
    • 1 yrTerm Deposit5.05 → 5.25+0.20
    • 1 yrTerm Deposit5.05 → 5.25+0.20
    • 1 yrTerm Deposit5.15 → 5.35+0.20
    • 2 yrTerm Deposit3.90 → 4.15+0.25
    • 2 yrTerm Deposit3.90 → 4.15+0.25
    • 2 yrTerm Deposit4.00 → 4.15+0.15
    • 2 yrTerm Deposit4.00 → 4.15+0.15
    • 3 yrTerm Deposit3.40 → 3.65+0.25
    • 4 yrTerm Deposit3.20 → 3.45+0.25
    • 5 yrTerm Deposit3.20 → 3.45+0.25
  • 🏦
    Coastline Bank raised 9 depositsup to +0.15
    • 1 yrI51 Gold Mbr Ftd 12 Mths5.00 → 5.15+0.15
    • 1 yrI51 Gold Mbr Ftd 12 Mths4.80 → 4.95+0.15
    • 1 yrI51 Gold Mbr Ftd 12 Mths4.80 → 4.95+0.15
    • 1 yrI51 Gold Mbr Ftd 12 Mths4.80 → 4.95+0.15
    • 1 yrI51 Gold Mbr Ftd 12 Mths5.00 → 5.15+0.15
    • 1 yrI51 Gold Mbr Ftd 12 Mths5.00 → 5.15+0.15
    • 1 yrI51 Gold Mbr Ftd 12 Mths4.90 → 5.05+0.15
    • 1 yrI51 Gold Mbr Ftd 12 Mths4.90 → 5.05+0.15
    • 1 yrI51 Gold Mbr Ftd 12 Mths4.90 → 5.05+0.15
  • 🏦
    Greater Bank Limited raised 8 depositsup to +0.25
    • 1 yrTerm Investment - Interest Monthly5.05 → 5.25+0.20
    • 1 yrTerm Investment - Interest Monthly5.05 → 5.25+0.20
    • 1 yrTerm Investment - Interest @ Maturity5.15 → 5.35+0.20
    • 1 yrTerm Investment - Interest @ Maturity5.15 → 5.35+0.20
    • 35 moTerm Investment - Interest Monthly3.90 → 4.15+0.25
    • 35 moTerm Investment - Interest Monthly3.90 → 4.15+0.25
    • 35 moTerm Investment - Interest 6 Monthly4.00 → 4.25+0.25
    • 35 moTerm Investment - Interest 6 Monthly4.00 → 4.25+0.25
  • 🚀
    MOVE Bank raised 8 depositsup to +0.25
    • 3 moTerm Deposit4.95 → 5.00+0.05
    • 4 moTerm Deposit4.95 → 5.05+0.10
    • 5 moTerm Deposit5.10 → 5.25+0.15
    • 6 moTerm Deposit5.20 → 5.35+0.15
    • 8 moTerm Deposit5.20 → 5.35+0.15
    • 9 moTerm Deposit5.20 → 5.45+0.25
    • 2 yrTerm Deposit5.30 → 5.45+0.15
    • 2 yrTerm Deposit5.20 → 5.35+0.15
  • 🏛️
    ANZ raised 8 depositsup to +0.24
    • 1 yrANZ Advance Notice Term Deposit5.18 → 5.23+0.05
    • 1 yrANZ Advance Notice Term Deposit5.18 → 5.23+0.05
    • 1 yrANZ Advance Notice Term Deposit5.15 → 5.20+0.05
    • 1 yrANZ Advance Notice Term Deposit5.13 → 5.18+0.05
    • 2 yrANZ Advance Notice Term Deposit4.91 → 5.15+0.24
    • 2 yrANZ Advance Notice Term Deposit4.89 → 5.13+0.24
    • 2 yrANZ Advance Notice Term Deposit4.94 → 5.18+0.24
    • 2 yrANZ Advance Notice Term Deposit4.94 → 5.18+0.24
  • 🏦
    MyState Bank raised 6 depositsup to +0.20
    • 6 moOnline Term Deposit4.95 → 5.00+0.05
    • 6 moRegular Term Deposit4.95 → 5.00+0.05
    • 9 moOnline Term Deposit5.00 → 5.10+0.10
    • 9 moRegular Term Deposit5.00 → 5.10+0.10
    • 1 yrOnline Term Deposit5.10 → 5.30+0.20
    • 1 yrRegular Term Deposit5.10 → 5.30+0.20
  • and 20 more banks with smaller moves

One row per bank and direction; open a row for the deposits it moved. A bank re-pricing its whole curve is one story, not thirty.

How this report is produced

Data
Each bank's Consumer Data Right (open banking) product feed, re-read nightly. A rate change is recorded when a deposit's published rate differs from the last value stored.
Figures
Rates are each deposit's last recorded value on or before 31 May 2026; deposits with no record by then are not counted. Changes compare the last rate before the month with the last rate within it. 2006 history entries fall in this month. Tracking began in April 2026.
Scope
Personal term deposits open to Australian residents, as listed on BankMate, across 73 banks. Not financial advice. Methodology · Today's full ranking