We will be making some changes to our term deposit interest rates effective 10 June 2020. 

These adjustments are in line with wider market movements and continue to offer extremely competitive rates for these products.

Term Deposits

Current Rate

New Rate

I3 3 Months

1.50%

1.40%

I4 4 Months

1.50%

1.40%

I5 5 Months

1.50%

1.40%

I6 6 Months

1.50%

1.40%

I7 7 Months

1.50%

1.55%

I8 8 Months

1.50%

1.35%

I9 9 Months

1.50%

1.35%

I10 10 Months

1.50%

1.35%

I11 11 Months

1.50%

1.35%

I12 12 Months

1.50%

1.40%

I13 13 to 14 Months

1.50%

1.40%

I30 15 to 24 Months

1.50%

1.30%

I40 12 to 14 Months

1.40%

1.30%

I50 15 to 24 Months 

1.40%

1.20%

Despite the changes, our deposit products continue to be recognised amongst the best in Australia, with our online savings accounts recently receiving two Rate City Gold Awards and a 5-Star Canstar rating

If you have any questions about these changes, please email us at info@movebank.com.au or call us on 1300 362 216

Interest rates subject to change. All rates quoted are per annum (p.a.) Fees and charges apply.

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