Australia Deposit Rates (Fixed Interest)

BankBranchFoundedInterest RateChangeCurrencyLast Updated
BOQOver 25518743.45% - AUDFeb 2015
Suncorp Bank23019023.45% - AUDFeb 2015
State Bank Of India Australia119983.40% - AUDFeb 2015
AustralianSuper20063.37%-3.65% - AUDFeb 2015
Credit Union Australia7819463.35% - AUDFeb 2015
Rural Bank40020003.25% - AUDMar 2015
UBank20083.21% - AUDMar 2015
Bankwest21118953.20% - AUDFeb 2015
CBA102619123.10% - AUDFeb 2015
Westpac127018173.10% - AUDFeb 2015
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Australia Savings Accounts (Floating Rates)

BankBranchFoundedInterest RateChangeCurrencyLast Updated
CBA102619123.45% - AUDFeb 2015
ANZ80018353.41% - AUDFeb 2015
Westpac127018173.40% - AUDFeb 2015
BOQOver 25518743.30% - AUDFeb 2015
HSBC Australia3519652.70% - AUDFeb 2015
NAB74818582.50% - AUDFeb 2015
Bank Of Melbourne19892.25% - AUDFeb 2015
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Australia Loans Rates

BankBranchFoundedInterest RateChangeCurrencyLast Updated
Westpac127018176.70% - AUDFeb 2015
Bank Of Sydney1620016.13% - AUDFeb 2015
Suncorp Bank23019025.99% - AUDFeb 2015
St George Bank39619375.74% - AUDFeb 2015
Bank SAOver 12018485.72% - AUDFeb 2015
HSBC Australia3519655.70% - AUDFeb 2015
CBA102619125.65% - AUDFeb 2015
Bank Of Melbourne19895.65% - AUDFeb 2015
ANZ80018355.63% - AUDFeb 2015
NAB74818585.63% - AUDFeb 2015

Australia Business Rates

BankBranchFoundedInterest RateChangeCurrencyLast Updated
CBA102619122.10% - AUDFeb 2015

Australia Credit Card Rates

BankBranchFoundedInterest RateChangeCurrencyLast Updated
Macquarie Bank15196920.70% - AUDMar 2015
NAB748185819.99% - AUDFeb 2015
Citibank Australia13197119.99% - AUDMar 2015
HSBC Australia35196517.99% - AUDMar 2015
Bendigo Bank340185814.64% - AUDMar 2015
ANZ800183513.49% - AUDMar 2015
CBA1026191213.49% - AUDFeb 2015
Westpac1270181713.49% - AUDFeb 2015
BOQOver 255187413.49% - AUDMar 2015
St George Bank396193713.24% - AUDMar 2015

Economy

Compare Bank Account Rates in Australia

The Australian economy with a population of 22.5 Million (Est 2010) ranks 17th in the world with a GDP PPP of 850 billion and GDP PPP per capita of 38,663 vs 45,934 (United States) according to the IMF in 2009. Its central bank interest rate are set at 2.25% by the Reserve Bank of Australia. Its currency the Australian Dollar (AUD) is the 5th most traded currency in the world. Bank deposits held for a fixed term in Australia are called term deposits. According to CIA.gov its inflation was 4.4% in 2008 and 1.8% in 2009.


Savings and Term Deposit Insurance in Australia

For those with only one banking provider, from 31 December 2012, term deposits that mature on or after this date, a deposit balance of $250,000 cap per person per institution (applicable to eligible ADIs including banks, buildings societies and credit unions) will apply to guarantee deposits under the 'Australian Government Guarantee Scheme for Large Deposits and Wholesale Funding'. Please note that Deposit products include call accounts, term deposits and all on-line savings accounts.