Finty

Suncorp Bank Term Deposit

17 termsFixed rate

Enjoy a guaranteed return on your money when you invest for a nominated fixed period

Minimum deposit
$1,000
Maximum deposit
$2,000,001
Terms offered
17

Rate a year, up to

For 2 years

Open account

Rates by term

TermAmountInterest paidRate a year
1 month$5,000 to $99,999At maturity1.25%
1 month$100,000 to $999,999At maturity1.30%
1 month$1,000,000 to $2,000,000At maturity1.35%
2 months$5,000 to $99,999At maturity1.95%
2 months$100,000 to $999,999At maturity2.00%
2 months$1,000,000 to $2,000,000At maturity2.05%
3 months$5,000 to $99,999At maturity5.05%
3 months$100,000 to $999,999At maturity5.05%
3 months$1,000,000 to $2,000,000At maturity5.05%
4 months$5,000 to $99,999At maturity3.95%
4 months$100,000 to $999,999At maturity4.00%
4 months$1,000,000 to $2,000,000At maturity4.05%
5 months$5,000 to $99,999At maturity3.70%
5 months$100,000 to $999,999At maturity3.75%
5 months$1,000,000 to $2,000,000At maturity3.80%
6 months$5,000 to $99,999At maturity4.80%
6 months$100,000 to $999,999At maturity4.80%
6 months$1,000,000 to $2,000,000At maturity4.80%
7 months$5,000 to $99,999At maturity5.20%
7 months$100,000 to $999,999At maturity5.20%
7 months$1,000,000 to $2,000,000At maturity5.20%
8 months$5,000 to $99,999At maturity3.70%
8 months$100,000 to $999,999At maturity3.75%
8 months$1,000,000 to $2,000,000At maturity3.80%
9 months$5,000 to $99,999At maturity5.30%
9 months$100,000 to $999,999At maturity5.30%
9 months$1,000,000 to $2,000,000At maturity5.30%
10 months$5,000 to $99,999At maturity3.70%
10 months$100,000 to $999,999At maturity3.75%
10 months$1,000,000 to $2,000,000At maturity3.80%
11 months$5,000 to $99,999At maturity4.10%
11 months$100,000 to $999,999At maturity4.15%
11 months$1,000,000 to $2,000,000At maturity4.20%
1 year$5,000 to $99,999At maturity5.40%
1 year$100,000 to $999,999At maturity5.40%
1 year$1,000,000 to $2,000,000At maturity5.40%
18 months$5,000 to $99,999Yearly5.15%
18 months$100,000 to $999,999Yearly5.15%
18 months$1,000,000 to $2,000,000Yearly5.15%
2 years$5,000 to $99,999Yearly5.50%
2 years$100,000 to $999,999Yearly5.50%
2 years$1,000,000 to $2,000,000Yearly5.50%
3 years$5,000 to $99,999Yearly5.00%
3 years$100,000 to $999,999Yearly5.00%
3 years$1,000,000 to $2,000,000Yearly5.00%
4 years$5,000 to $99,999Yearly5.00%
4 years$100,000 to $999,999Yearly5.00%
4 years$1,000,000 to $2,000,000Yearly5.00%
5 years$5,000 to $99,999Yearly5.00%
5 years$100,000 to $999,999Yearly5.00%
5 years$1,000,000 to $2,000,000Yearly5.00%

How it compares

Against the other 1 year term deposits we compare. Typical means the middle half of them.

1 year rate

5.40%

A typical 1 year rate is 5.25%.

Minimum deposit

$1,000

A typical minimum is $2,000.

Pros and cons

Pros

  • A higher rate. 5.40% for 1 year, above the typical 5.25%, so your money earns more over the term.
  • Plenty of terms. 17 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.