Bank of Sydney Term Deposit
13 termsFixed rate
Get a guaranteed return on money that you aren’t using right now with a term deposit.
- Minimum deposit
- $1,000
- Maximum deposit
- Not published
- Terms offered
- 13
Rate a year, up to
For 1 year
Rates by term
| Term | Amount | Interest paid | Rate a year |
|---|---|---|---|
| 1 month | From $1,000 | At maturity | 1.25% |
| 2 months | From $1,000 | At maturity | 1.50% |
| 3 months | From $1,000 | At maturity | 4.40% |
| 3 months | From $1,000 | At maturity | 3.85% |
| 4 months | From $1,000 | At maturity | 3.50% |
| 5 months | From $1,000 | At maturity | 3.50% |
| 6 months | From $1,000 | At maturity | 5.20% |
| 6 months | From $1,000 | At maturity | 5.10% |
| 7 months | From $1,000 | At maturity | 3.70% |
| 8 months | From $1,000 | At maturity | 3.70% |
| 9 months | From $1,000 | At maturity | 4.00% |
| 10 months | From $1,000 | At maturity | 3.80% |
| 11 months | From $1,000 | At maturity | 3.80% |
| 1 year | From $1,000 | At maturity | 5.30% |
| 1 year | From $1,000 | At maturity | 5.20% |
| 1 year | From $50,000 | Monthly | 5.10% |
| 13 months | From $1,000 | At maturity | 4.05% |
How it compares
Against the other 1 year term deposits we compare. Typical means the middle half of them.
1 year rate
5.30%
A typical 1 year rate is 5.25%.
Minimum deposit
$1,000
A typical minimum is $2,000.
Pros and cons
Pros
- Monthly interest. You can have interest paid each month, which suits living off the interest.
- Plenty of terms. 13 terms to choose from, so you can match the term to when you'll need the money.
Cons
- Your money is locked in. Taking it out early usually needs 31 days' notice and earns less interest.
Similar term deposits
Term deposits from other banks that pay a similar rate for the same term.
- Rate a year
- 5.30%
- Minimum deposit
- $1,000
- Rate a year
- 5.30%
- Minimum deposit
- $5,000
- Rate a year
- 5.30%
- Minimum deposit
- $5,000
