Just found this on RaboDirect's website, RaboDirect are coming in at the top of many of the fixed rate term deposits for savings in Australia, you can see the weekly updated best Australian interest rates on savings here: Compare the best savings account rates, highest interest rate on instant access and term deposits.


Based on $10,000 deposit

Institution 1 mth 3 mths 6 mths 9 mths 1 year 18 mths 2 years 3 years 4 years 5 years
RaboDirect** 3.80 4.30 4.35 4.35 4.35 N/A^ 4.40 4.60 4.70 5.00
AMP Bank n/a 3.95 3.95 3.95 3.95 3.95 4.05 4.05 3.50 4.05
ANZ Bank n/a 3.00 4.05 n/a 4.05 n/a 4.30 4.40 4.50 4.55
Arab Bank Australia 3.25 4.25 4.10 4.10 4.25 n/a 4.30 4.50 4.60 4.70
BOQ 3.60 3.60 4.40 3.60 4.25 4.25 4.30 4.50 3.60 0.00
Bank of Melbourne 2.55 2.55 3.75 3.30 4.05 3.85 4.30 4.30 4.50 4.55
BankWest 3.60 4.10 4.10 3.60 4.05 n/a 4.20 4.35 4.55 4.65
Bendigo Bank 1.80 2.20 4.10 2.20 4.10 n/a 4.30 n/a n/a n/a
Citibank 1.09 1.16 1.21 1.47 1.74 n/a 1.58 1.73 1.87 1.93
Commonwealth Bank n/a 3.90 n/a n/a 3.95 3.85 n/a 4.40 4.10 4.50
HSBC Bank 1.65 3.95 2.25 2.00 2.00 2.25 2.25 4.15 4.30 4.40
ING Direct 3.00 4.10 4.50 4.10 4.40 n/a 4.40 n/a n/a n/a
Macquarie Bank 3.10 4.15 4.15 4.10 4.00 n/a 4.00 4.00 n/a 4.20
NAB 2.90 4.00 4.10 3.05 4.20 n/a 4.30 4.40 4.50 4.60
Newcastle Permanent n/a 4.20 4.20 3.30 4.10 n/a n/a n/a n/a n/a
Rural Bank Limited n/a 4.15 4.10 2.00 4.05 n/a 3.55 3.60 3.65 3.75
St.George Bank 2.55 4.15 4.05 3.30 4.05 3.85 4.30 4.50 4.55 4.65
Suncorp Bank 2.85 3.15 3.00 2.80 4.20 n/a 3.30 3.45 3.50 3.50
UBank 3.00 4.35 4.51 4.36 4.51 n/a n/a n/a n/a n/a
Westpac 2.90 3.00 4.05 4.00 4.05 4.05 4.35 4.55 4.55 4.65

Minimum $1000 deposit and early termination fees apply to RaboDirect Term Deposits.