Australia Deposit Rates (Fixed Interest)

BankBranchFoundedInterest RateChangeCurrencyLast Updated
Credit Union Australia7819463.70% - AUDDec 2014
Suncorp Bank23019023.60%AUDDec 2014
ING Direct Australia19993.60% - AUDDec 2014
Rural Bank40020003.60% - AUDDec 2014
AustralianSuper20063.65% - AUDDec 2014
UBank20083.51% - AUDDec 2014
BOQOver 25518743.45% - AUDDec 2014
Bankwest21118953.40% - AUDDec 2014
Macquarie Bank1519693.40% - AUDDec 2014
St George Bank39619373.30% - AUDDec 2014
More Deposit Rates

Australia Savings Accounts (Floating Rates)

BankBranchFoundedInterest RateChangeCurrencyLast Updated
CBA102619123.65% - AUDDec 2014
ANZ80018353.51%AUDDec 2014
Westpac127018173.50%AUDDec 2014
BOQOver 25518743.30% - AUDDec 2014
HSBC Australia3519652.70% - AUDDec 2014
NAB74818582.50% - AUDDec 2014
Bank Of Melbourne19892.30% - AUDDec 2014
More Savings Rates

Australia Loans Rates

BankBranchFoundedInterest RateChangeCurrencyLast Updated
Westpac127018176.70% - AUDDec 2014
CBA102619125.90% - AUDDec 2014
Bank Of Melbourne19895.32% - AUDDec 2014
NAB74818585.03% - AUDDec 2014

Australia Business Rates

BankBranchFoundedInterest RateChangeCurrencyLast Updated
CBA102619122.25% - AUDDec 2014

Australia Credit Card Rates

BankBranchFoundedInterest RateChangeCurrencyLast Updated
CBA1026191213.49% - AUDDec 2014


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 most traded currency in the world. Bank deposits held for a fixed term in Australia are called term deposits. According to 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.