1 Month Term Deposit Rates

Bank Rate
Citibank Australia 1 Month Term Deposit

Rates applicable with minimum opening balance of $10,000 and interest paid monthly, quarterly, annually or at maturity.

2.00%
1 month
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Dec 2017
Bank of Sydney 1 Month Term Deposit

Rate shown is applicable to deposits ranging from $250,000-$1,000,000 with interest calculated daily and paid at maturity.

1.90%
1 month
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Dec 2017
UBank 1 Month Term Deposit

Rate indicated is for the range between $1000 to $2 million. 

1.90%
1 Month
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Dec 2017
Suncorp Bank 1 Month Term Deposit

Rate indicated is for the range between $100,000 to $499,999.

1.75%
1 Month
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Dec 2017
Macquarie Bank 1 Month Term Deposit

Rate indicated is for deposits between $10,000 to $1 million.

1.60%
1 Month
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Dec 2017
HSBC Australia 1 Month Term Deposit

Rate indicated is for deposits $50,000+

1.55%
1 Month
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Dec 2017
Bank of Melbourne 1 Month Term Deposit

The current interest rate for this term deposit product is for a 1 year period and applies to deposit amounts or balances ranging from $250,000 to $5,000,000. Interest paid at maturity.

1.50%
1 month
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Dec 2017
NAB 1 Month Term Deposit

This per annum Interest Rate is applicable for a deposit balance of $100,000 and $499,999 over 30 days / one month with interest calculated at maturity.

1.50%
1 month
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Dec 2017
CBA 1 Month Term Deposit

This interest rate yield is for a 30 day/1 month deposit account and is for investments amounts from $50,000 to less than $1,999,999.

1.50%
1 month
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Dec 2017
Westpac 1 Month Term Deposit

The following deposit interest rate is applicable for a balance from $5,000 to less than $249,999 Australian Dollars for a term of 30 days / 1 month.

1.50%
1 month
Apply
Dec 2017

In Australia, 30 day also known as 1 month term deposits (TD) are one of the shortest maturities products available from banks and credit union for interest bearing deposits. In contrast to savings accounts, 30 days like other TD products cannot be added to but are much closer to the savings rate than longer maturities like 5 year TDs.

Interest from 1 Month deposits are paid monthly as per the following example from a large bank.



Data aggregated from the RBA indicates that 1 month rates have also fallen over time especially compared to the 1980s.