1 Year Term Deposit Rates
| Provider | Rate | |||
|---|---|---|---|---|
 |
ING Direct Australia 1 Year Term Deposit The Interest Rates for this 12 month / 1 year term product requires a minimum deposit of $10,000. +Follow |
2.75% 1 year | Apply Mar 2019 |
|
 |
Bank of Melbourne 1 Year 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. +Follow |
2.45% 1 year | Apply Nov 2018 |
|
 |
Bank SA 1 Year Term Deposit The interest rates applicable for this 1 year / 12 month term product is for interest paid at maturity for $5000 to $5,000,000. +Follow |
2.45% 1 year | Apply Jun 2018 |
|
 |
St George Bank 1 Year Term Deposit The following interest rate applies for a 1 year / 12 month term and with interest paid maturity. Deposit amounts for this rate range from $5000 to $5,000,000. Other interest options available include interest paid monthly or half yearly. +Follow |
2.45% 1 year | Apply Jun 2018 |
|
 |
UBank 1 Year Term Deposit The interest rate for this Ubank term deposit account is for a 12 month / 1 year period and may include a .10% loyalty bonus when you rollover 100% of your term deposit. It also requires a minimum $1000. +Follow |
2.05% 1 year | Apply Aug 2019 |
|
 |
State Bank of India Australia 1 Year Term Deposit Minimum deposit of $250,000 required for residents to open the account. Minimum deposit of $20,000 for non-residents. +Follow |
2.05% 1 Year | Apply Aug 2019 |
|
 |
Suncorp Bank 1 Year Term Deposit Interest Rate for this Suncorp deposit product depends on amount deposited and is for a 12 month / 1 year term. Interest is paid at maturity with minimum investment being $50,000. +Follow |
2.00% 1 year | Apply Aug 2019 |
|
 |
1.95% 1 year | Apply Aug 2019 |
||
 |
1.80% 1 year | Apply Aug 2019 |
||
 |
AustralianSuper 1 Year Term Deposit The rate is applicable to the AustralianSuper member direct investment option product for its term deposit product. The applicable term in 365 days (% pa). You can invest in this option if you are an AustralianSuper member and have more than $10,000 in the account. (Note it may not be covered by the Government guarantee). Rate ranges from 3.67% to 3.90% +Follow |
1.78% to 2.00% 1 year | Apply Aug 2019 |
A 1 year deposit or commonly also known as a 360 day or 12 month deposit is one of the most popular types of deposit products in Australia along with the six month deposit. It is a medium term maturity product.
Interest accumulated through a 1 year deposits is paid monthly, quarterly, annualy or semi-annually as per the following example from a local Australian bank.
Data sourced from the RBA from banks in Australia indicates that 1yr rates peaked at around 16% in the late 80s but have fallen significantly over the last 2 decades.
