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5 Year Term Deposit Rates

Provider Rate
Bank of Melbourne 5 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 annually.

2.80%
5 year
Apply
Nov 2018
Bank SA 5 Year Term Deposit

The interest rates applicable for this 5 year term product is for interest paid annually for $250,000 to $5,000,000.

2.80%
5 year
Apply
Jun 2018
St George Bank 60 Month Term Deposit

Rate indicated is for the range between $1,000 to $5 million annually or at maturity

2.80%
5 Year
Apply
Jun 2018
State Bank of India Australia 60 Month Term Deposit

Minimum deposit of $250,000 required for residents. Minimum $20,000 for non-residents.

2.15%
5 Year
Apply
Aug 2019
NAB 5 Year Term Deposit

This per annum Interest Rate is applicable for a deposit balance of $100,000 and $499,999.

1.75%
5 year
Apply
Aug 2019
Bankwest 5 Year Term Deposit

Rates applicable to depositing with the range of $5,000 up to $2 million. For deposits which have a term of less than 12 months, interest is paid on maturity. For deposits which have a term of 12 months or greater, you may ask have your interest paid monthly, quarterly, six monthly or annually.

1.64%
5 year
Apply
Sep 2019
Westpac 60 Month Term Deposit

It is for amounts below $250,000

1.50%
5 Year
Apply
Aug 2019
Macquarie Bank 5 Year Term Deposit

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

1.50%
5 Year
Apply
Dec 2019
Bendigo Bank 5 Year Term Deposit

The interest rate for this one year product is at maturity and deposit balances ranges requires a minimum of $5,000 up to amounts over $5,000,000. 

1.45%
5 year
Apply
Jan 2020
Citibank Australia 5 Year Term Deposit

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

1.29%
5 year
Apply
Jun 2019

In Australia, 5 Year term deposit rates are longest maturity deposit option provided by banks for retail customers. These rates also are typically provide the highest interest rate offerings due to the longer time frame that the funds are not added to as well not able to be used.

The below picture is an example (rates not current) from a large bank in Australia and shows the typical term offerings available. As you can see 5 year rates are paid monthly, quarterly, half year and at maturity or annually.