• 12th largest economy in the World
  • In average wealth ranks 2nd worldwide
  • Banks include CBA, Westpac and NAB

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 2.50% by the Reserve Bank of Australia. Its currency the Australian Dollar (AUD) is the 5th mo

Highest Rates on Deposit Accounts in Australia

Using Average Inflation from 3.4%(2011)/2.1%(2012)
Deposit Account Term Yield Yield minus Inflation
CBA 5 Year Term Deposit 5 year 4.30% 1.55% Apr, 2014
UBank 1 Year Term Deposit 1 year 4.00% 1.25% Feb, 2014
ANZ 2 Year Term deposit 2 year 3.90% 1.15% Apr, 2014
Suncorp Bank 1 Year Term Deposit 1 year 3.90% 1.15% Apr, 2014
ING Direct Australia 1 Year Term Deposit 1 year 3.90% 1.15% Apr, 2014
AustralianSuper 1 Year Term Deposit 1 year 3.90% 1.15% Apr, 2014
NAB 2 Year Term Deposit 2 year 3.85% 1.1% Feb, 2014
Credit Union Australia 1 Year Term Deposit 1 year 3.85% 1.1% Apr, 2014
Rural Bank 1 Year Term Deposit 1 year 3.75% 1% Apr, 2014
Bankwest 1 Year Term Deposit 1 year 3.70% 0.95% Apr, 2014
BOQ 1 Year Term Deposit 1 year 3.65% 0.9% Apr, 2014
Westpac 2 Year Term Deposit 2 year 3.60% 0.85% Apr, 2014
Macquarie Bank 1 Year Term Deposit 1 year 3.60% 0.85% Apr, 2014
Bank of Melbourne 1 Year Term Deposit 1 year 3.45% 0.7% Apr, 2014
Bank SA 1 Year Term Deposit 1 year 3.45% 0.7% Apr, 2014
Bendigo Bank 1 Year Term Deposit 1 year 3.45% 0.7% Apr, 2014
NAB 1 Year Term Deposit 1 year 3.40% 0.65% Feb, 2014
St George Bank 1 Year Term Deposit 1 year 3.35% 0.6% Apr, 2014
ANZ 1 Year Term deposit 1 year 3.30% 0.55% Apr, 2014
CBA 1 Year Term Deposit 1 year 3.30% 0.55% Apr, 2014
Westpac 1 Year Term Deposit 1 year 3.30% 0.55% Apr, 2014
Westpac Business Term Deposit 1 year 3.30% 0.55% Apr, 2014
NAB 3 Month Term Deposit 3 month 3.25% 2.5625% Feb, 2014
Westpac 3 Month Term Deposit 3 month 3.15% 2.4625% Apr, 2014
ANZ 3 Month Term deposit 3 month 3.10% 2.4125% Apr, 2014
NAB 6 month Term Deposit 6 month 2.55% 1.175% Feb, 2014
ANZ 6 Month Term deposit 6 month 2.50% 1.125% Apr, 2014
CBA 3 Month Term Deposit 3 month 2.50% 1.8125% Apr, 2014
Westpac 6 Month Term Deposit 6 month 2.50% 1.125% Apr, 2014
NAB 1 Month Term Deposit 1 month 2.50% 2.27083333333% Feb, 2014
Westpac 1 Month Term Deposit 1 month 2.50% 2.27083333333% Apr, 2014
CBA 6 Month Term Deposit 6 month 2.50% 1.125% Apr, 2014
CBA 1 Month Term Deposit 1 month 2.50% 2.27083333333% Apr, 2014