6 Month Term Deposit Rates

Bank Rate
UBank 6 Month Term Deposit

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

2.64%
6 Month
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Mar 2018
AustralianSuper 6 Month Term Deposit

You can invest in this option if you are an AustralianSuper member and have more than $10,000 in the account.

2.51%-2.65%
6 month
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Mar 2018
Macquarie Bank 6 Month Term Deposit

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

2.45%
6 Month
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Mar 2018
Bankwest 6 Month 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.

2.45%
6 month
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Mar 2018
Rural Bank 6 Month Term Deposit

Rate indicated is for Online Term deposits between $5000 to $1 million. 

2.40%
6 Month
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Mar 2018
Credit Union Australia 6 Month Term Deposit

Rate quoted is has minimum investment of $5,000.

2.40%
6 Month
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Mar 2018
Suncorp Bank 6 Month Term Deposit

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

2.35%
6 Month
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Mar 2018
Bank of Melbourne 6 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.

2.30%
6 month
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Mar 2018
State Bank of India Australia 6 Month Term Deposit

Minimum deposit of $250,000 required for residents to open the account. Minimum deposit of $20,000 for non-residents.

2.30%
6 Month
Apply
Mar 2018
Bank of Sydney 6 Month Term Deposit

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

2.20%
6 month
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Mar 2018

The 6 month TD product is a popular offering provided for retail customers from banks. Considered a short term product, it is heavily influenced by RBA decision directions.

Below shows the interest payment options from a large national bank in Australia.


For such a short term rate it peaked at over 16% in 1988/1989 falling to about 2% in 2016.