BudgetWise Australia

Compare Australian term deposits by available interest rates, deposit terms, fees and maturity conditions. Consider how long you can leave your money deposited and what happens when the term ends.

What you can compare

Compare available term deposit rates

Review different deposit terms

Check minimum deposit requirements

Understand maturity and renewal options

Review early withdrawal conditions

How to compare term deposits

Term deposit rates can vary according to the deposit amount, term length and provider. Compare products for the term you are considering, rather than relying on a rate advertised for a different duration.

Also review the minimum deposit, interest payment frequency, maturity instructions and conditions for accessing funds early.

Compare rates for the same deposit term.
Check minimum and maximum deposit amounts.
Review when and how interest is paid.
Check maturity, rollover and renewal arrangements.
Understand the conditions and costs of early withdrawal.

What happens when a term deposit matures?

At maturity, a provider may allow you to withdraw your funds, renew the deposit or choose another available option. The process and any decision period depend on the product.

Check whether the deposit automatically renews if you do not provide instructions by the required date.

Early access and term deposit conditions

Term deposits are designed for money held for an agreed period. Early withdrawal may require notice, provider approval or other conditions, and may reduce the interest payable.

Read the product terms carefully if you may need access to the money before maturity.

How BudgetWise compares term deposits

BudgetWise presents available term deposit information to help you compare rates, terms and product conditions. Rates and availability can change, so confirm the details with the provider before depositing funds.

Sponsored placements may be identified, and commercial partnerships may influence listing order.

Frequently asked questions about term deposit

How do I compare term deposit rates in Australia in 2026?

Compare rates for the same deposit term and consider minimum deposit requirements, interest payment arrangements, maturity options and early withdrawal conditions.

What happens to my money when a term deposit matures?

The provider's maturity process may allow you to withdraw the funds, renew the deposit or choose another option. Check whether automatic renewal applies.

Can I withdraw my money early from a term deposit?

Early withdrawal conditions vary by provider and product. Notice, approval or a reduction in interest may apply.