We will be making some changes to our term deposit interest rates effective 23 July 2020. 

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

Term Deposits

Current Rate

New Rate

I3 3 Months

1.40%

1.15%

I4 4 Months

1.40%

1.15%

I5 5 Months

1.40%

1.15%

I6 6 Months

1.40%

1.15%

I7 7 Months

1.55%

1.15%

I8 8 Months

1.35%

1.10%

I9 9 Months

1.35%

1.10%

I10 10 Months

1.35%

1.10%

I11 11 Months

1.35%

1.10%

I12 12 Months

1.40%

1.30%

I13 13-14 Months

1.40%

1.30%

I30 15-24 Months

1.30%

1.30%

I40 12-14 Months

1.30%

1.20%

I50 15-24 Months

1.20%

1.20%

Despite the changes, our deposit products continue to offer outstanding value with our Express Saver, First Home Saver and Bonus Saver recently recognised with prestigious awards from both Canstar and Rate City.

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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