Countries / 🇦🇺 Australia / 3-month

Best 3-month term deposit rates in Australia

Best 3-month rate per provider for a A$10,000 deposit, open to any customer, read from each bank's website. Last checked 18 Oct 2026, 03:42 UTC.

6-month12-month All tenures and amounts

BankRate p.a.TenureDepositDetailsLink
ING AustraliaPersonal Term Deposit5.05%≈ A$126 in 3 months3 monthsA$10,000 +Board rate
Minimum opening deposit $10,000
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Bank of Queensland (BOQ)Term Deposit4.95%≈ A$124 in 3 months3 monthsA$5,000 +Board rate
Minimum opening deposit $5,000; Interest paid at maturity; Personal use; 31 days' notice for early withdrawal
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Judo BankPersonal Term Deposit4.90%≈ A$123 in 3 months3 monthsNot statedBoard rate
Interest at maturity (terms up to 1 year) or annually (2-5 years)
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Rabobank AustraliaTerm Deposit4.90%≈ A$123 in 3 months3 monthsA$1,000 – A$100,000Board rate
From $1,000 to $2,000,000; Personal and joint accounts
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AMP BankAMP Bank Term Deposit4.65%≈ A$116 in 3 months3 monthsA$5,000 – A$24,999Board rate
$5,000 to $10,000,000; deposits over $1,000,000 at AMP Bank's discretion
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ANZANZ Advance Notice Term Deposit (interest at maturity)3.35%≈ A$84 in 3 months3 monthsA$5,000 – A$1,999,999Board rate
$5,000 to $1,999,999; 31 days' notice required for early withdrawal
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Commonwealth Bank of AustraliaTerm Deposit (popular rates)3.30%≈ A$83 in 3 months3 monthsA$5,000 – A$49,999Board rate
Rate for $5,000 to $49,999; Full rate list is in a PDF linked from the page
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WestpacTerm Deposit (interest at maturity)3.25%≈ A$81 in 3 months3 monthsA$5,000 – A$2,000,000Board rate
$5,000 to $2,000,000; Add 0.10% p.a. if already with Westpac and opening or renewing online
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Different amount, priority tiers or fresh-funds filter? Open the full comparison.

Deposit protection: Financial Claims Scheme (FCS)

LimitA$250,000

Under the Financial Claims Scheme, deposits are protected up to a limit of $250,000 for each account holder at each bank, building society and credit union (ADI) that is incorporated in Australia and authorised by APRA. Source, checked 2026-10-18.

We're a comparison service, not a bank: we don't take deposits. Rates change without notice; verify with the bank before you deposit. Not financial advice.