In this guide

  • Review
  • Details
    • Key details
    • Eligibility
  • Key features
  • How to apply
  • Your reviews
  • Ask an expert
Finder makes money from featured partners, but editorial opinions are our own.

Firstmac Term Deposit

Firstmac Term Deposit
Interest rate 6 months interest rate
Up to 5.15% p.a.
Minimum opening deposit
Account keeping fee
Maximum deposit


Even with a financial goal in the very near future the Firstmac Term Deposit’s competitive rates could make sure you meet it.

Firstmac offers its members a flexible term deposit where even with its shorter terms you are still earning a high interest rate. The interest rate is fixed, and you are given options for receiving payments, making it easy to plan for a future expense. If you like the idea of getting long term rates for a short term investment, than add this term deposit to your list of those worth considering.


  • Government Guarantee
  • Competitive interest rate
  • Terms ranging from 30 days to 24 months
  • Interest paid at maturity


  • Large minimum investment amount

In this guide

  • Review
  • Details
    • Key details
    • Eligibility
  • Key features
  • How to apply
  • Your reviews
  • Ask an expert


Key details

Product Name Firstmac Term Deposit
3 month interest rate 4.90%
6 month interest rate 5.15%
12 month interest rate 5.15%
24 month interest rate 4.50%
Minimum Opening Deposit $5,000
Minimum age requirement 18
Government guarantee Yes


Minimum Age Requirement 18
Joint account availability Yes
Min Deposit $5,000
Available to children Not available for children

Key features

Minimum investment amount

With Firstmac you can open a term deposit with $5,000 or more.

Term length

You can choose 30, 60 or 90 day terms as well as six, 12 or 24 months.

Interest rates

The fixed rates are competitive, growing in value when you choose longer terms.

How to apply


With Firstmac you can apply for its Term Deposit online in just a few minutes. Before you begin your online application you should check to ensure that you are able to meet the eligibility requirements:

  • Minimum age. Account holders are required to be at least 18 years of age.
  • Residency requirements. You must be an Australian resident with a residential address in order to be considered for a term deposit account.

Your reviews

No reviews yet. Write a review

Ask an expert

Ask a question

Staff Finder


Hi there, looking for more information? Ask us a question.

Error label

You are about to post a question on

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked
Accept and continue

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms of Use, Disclaimer & Privacy Policy and 6. Finder Group Privacy & Cookies Policy.

This site is protected by reCAPTCHA and the Privacy Policy and Terms of Service apply.



August 15, 2023

What are the ID requirements as i have no passport or drivers licence


Alison Banney Finder

August 23, 2023

Hi, you need to supply 2 forms of ID including your passport and driver’s licence or Medicare card. If you can’t provide these, you may need to contact the bank directly to verify your identity using another form of ID.



June 27, 2023

I cannot find firstmac on the register of authorised deposit taking institutions


Alison Banney Finder

June 27, 2023

Hi Rob,

Firstmac deposits are issued by Goldfields Money Limited, which is a registered ADI under the Financial Claims Scheme.

Hope this helps,




June 07, 2023

Are deposits up to $250k protected by the government guarantee?


James Martin Finder

June 07, 2023

Hi Greg,

Yes, customer deposits of up to $250,000 with Firstmac are covered by the Australian Government Guarantee.




ivica stefanac

June 01, 2023

i tried to create an acount recently and had confirmation on the phone but when i went to my email it said my application was unsuccessful. what can i do


Sarah Megginson Finder

June 01, 2023

Hi Ivica,

We’re a review site and we’re not directly affiliated with Firstmac, so you’ll need to contact them directly for customer support.

You can reach them on: 13 12 20 (+61 7 3017 8888) or


Helen Jennings

April 29, 2023

Do you allow SMSF deposits ?


Raj Lal Finder

May 01, 2023

Hi Helen,

Thanks for contacting Finder.

Firstmac do not offer term deposits for SMSFs. We do have a guide and list of providers that provide term deposits for SMSF. Here it is



Show more Show less
Go to site