In this guide

  • Review
  • Details
    • Key details
    • Eligibility
  • Key features
  • How to apply
  • Compare other term deposit accounts
  • Your reviews
  • Ask a question
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Rural Bank Term Deposit - $500+
Interest rate 12 months interest rate
Up to 0.15% p.a.
Minimum opening deposit
$500
Account keeping fee
$0

Summary

A Rural Bank term deposit offers competitive, tiered interest rates across a large range of term lengths.

Rural Bank offers term deposits with a very wide range of rates and terms. While the rates listed here are quite low, the rates increase if you put a a larger some of money in the account.

Pros

  • Low minimum investment of $500
  • $0 Account keeping fees
  • Wide ranges of terms from from 1 month to 5 years

Cons

  • 31 days advance notice required in case of withdrawing funds before maturity

In this guide

  • Review
  • Details
    • Key details
    • Eligibility
  • Key features
  • How to apply
  • Compare other term deposit accounts
  • Your reviews
  • Ask a question

Details

Key details

Product Name Rural Bank Term Deposit - $500+
3 month interest rate 0.05%
4 month interest rate 0.05%
6 month interest rate 0.10%
9 month interest rate 0.10%
12 month interest rate 0.15%
24 month interest rate 0.15%
36 month interest rate 0.15%
48 month interest rate 0.15%
60 month interest rate 0.15%
Minimum Opening Deposit $500
Minimum age requirement 12
Government guarantee Yes

Eligibility

Minimum Age Requirement 12
Joint account availability Yes
Min Deposit $500
Available to children Not available for children under 12 years of age

Key features

No monthly fees

You will not be charged an establishment or any monthly fees for Rural Bank's term deposit.

Personal or business customers

This account is available as a personal or business account as well as for SMSF applicants.

Launch term deposit calculator


How to apply

If you wish to invest for terms of longer than one year, or prefer to bank inside of a branch, you will have to apply for the term deposit in person or by contacting Rural Bank by phone. The Rural Bank One term deposit may be applied for online, but is only available for terms of three, six or twelve months with interest being paid at maturity. If those shorter terms suit your needs, you can begin an online application by clicking the 'Go to Site' button. Check first to make sure that you are eligible for this account.

Eligibility

  • Minimum age. Applicants must be at least 12 years of age.
  • Residency requirements. Australian permanent residents, New Zealand citizens residing in Australia and Australian citizens are all eligible.

Compare other term deposit accounts

1 - 8 of 180
Name 3 Mths p.a. 4 Mths p.a. 5 Mths p.a. 6 Mths p.a. 7 Mths p.a. 12 Mths p.a. 24 Mths p.a.
Judo Bank Term Deposit
Judo Bank logo
Finder Award$1,000 min. deposit
3 Mths p.a.
5.00%
4 Mths p.a.
-
5 Mths p.a.
-
6 Mths p.a.
5.25%
7 Mths p.a.
-
12 Mths p.a.
5.25%
24 Mths p.a.
5.20%
Go to siteMore Info
Newcastle Permanent Term Deposit
Newcastle Permanent logo
$1,000 min. deposit
3 Mths p.a.
3.50%
4 Mths p.a.
3.50%
5 Mths p.a.
3.50%
6 Mths p.a.
5.05%
7 Mths p.a.
3.80%
12 Mths p.a.
4.80%
24 Mths p.a.
4.00%
Go to siteMore Info
BCU Term Deposit
BCU logo
$1,000 min. deposit$999,999 max. deposit
3 Mths p.a.
4.60%
4 Mths p.a.
4.80%
5 Mths p.a.
3.40%
6 Mths p.a.
4.70%
7 Mths p.a.
4.00%
12 Mths p.a.
4.50%
24 Mths p.a.
4.40%
Go to siteMore Info
MyState Bank Online Term Deposit
MyState Bank logo
$5,000 min. deposit$50,000,000 max. deposit
3 Mths p.a.
2.50%
4 Mths p.a.
4.20%
5 Mths p.a.
5.10%
6 Mths p.a.
4.60%
7 Mths p.a.
3.50%
12 Mths p.a.
5.00%
24 Mths p.a.
3.95%
Go to siteMore Info
Great Southern Bank Term Deposit Account
Great Southern Bank logo
$5,000 min. deposit$1,000,000 max. deposit
3 Mths p.a.
4.90%
4 Mths p.a.
2.95%
5 Mths p.a.
2.95%
6 Mths p.a.
5.20%
7 Mths p.a.
3.05%
12 Mths p.a.
5.20%
24 Mths p.a.
4.40%
Go to siteMore Info
Judo Bank Business Term Deposit
Judo Bank logo
$1,000 min. deposit
3 Mths p.a.
5.00%
4 Mths p.a.
-
5 Mths p.a.
-
6 Mths p.a.
5.25%
7 Mths p.a.
-
12 Mths p.a.
5.25%
24 Mths p.a.
5.20%
Go to siteMore Info
Great Southern Bank Platinum Plus 55+
Great Southern Bank logo
$5,000 min. deposit$1,000,000 max. deposit
3 Mths p.a.
-
4 Mths p.a.
-
5 Mths p.a.
-
6 Mths p.a.
-
7 Mths p.a.
-
12 Mths p.a.
5.30%
24 Mths p.a.
4.50%
Go to siteMore Info
Judo Bank SMSF Term Deposit
Judo Bank logo
3 Mths p.a.
5.00%
4 Mths p.a.
-
5 Mths p.a.
-
6 Mths p.a.
5.25%
7 Mths p.a.
-
12 Mths p.a.
5.25%
24 Mths p.a.
5.20%
Go to siteMore Info
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