---
title: "Monthly Term Deposit 12 months — Bank Australia"
description: "Term Deposits from Bank Australia. Rates, fees, features and eligibility as published under Australia's Consumer Data Right."
canonical: https://www.cdrcompare.au/brands/bank-australia/products/a134795b-69d4-4b73-b7a4-9bd1c2479350
source: "CDR Compare"
language: en-AU
last_updated: 2026-08-24T22:00:24.795Z
---

# Monthly Term Deposit 12 months — Bank Australia

> Term Deposits from Bank Australia. Rates, fees, features and eligibility as published by the provider under Australia's Consumer Data Right, compared on CDR Compare.

**Term Deposits**

The fixed term deposit making a positive difference to more than just your bank balance.

## At a glance

- **Fixed rate:** 5.15% (1 year)

## Deposit rates

| Type | Rate | Applies to | Interest paid |
| --- | --- | --- | --- |
| Fixed · 1 year (Interest rates expressed as annual percentage rates. The interest rates shown are for an amount of $500 to $3,000,000 for personal customers.  For commercial customers the interest rates shown are for an amount of $500 to $1,000,000.) | 5.15% | Monthly Term Deposit 12 months - $500-$1m - Balanc | monthly |
| Fixed · 1 year (Interest rates expressed as annual percentage rates. The interest rates shown are for an amount of $500 to $3,000,000 for personal customers.  For commercial customers the interest rates shown are for an amount of $500 to $1,000,000.) | 5.15% | Monthly Term Deposit 12 months - $500-$3m - Balanc | monthly |

## Fees

| Fee | Type | Amount |
| --- | --- | --- |
| SMS alert fee — This fee is charged when you elect to receive notifications about your account via SMS messages to a mobile telephone number you have given us for contacting you. The cost is per SMS. | Event | $0.25 |
| Staff assisted international payment in foreign currency — This fee is charged when you make an International Payment in foreign currency via a Branch or the Contact Centre.  The cost is per transfer. | Transaction | $30.00 |
| Company/business name searches — When we conduct a search of the ASIC register to obtain information about the ownership of a company in administration of an account. The cost is per search. | Event | $40.00 |
| Security token fee — When you request that we provide you with a physical Token to provide an additional layer of security when you engage in transactions that carry a higher risk. We do not charge for the virtual token. | Event | $50.00 |
| Certificates supplied by the bank — A fee for comprehensive certificates supplied for audit. The cost is $5 per page and $25 per hour. | Event | $5.00 |
| Dormancy Fee — Charged yearly · Administration fee where account has been transferred to dormancy status. | Ongoing | $10.00 |
| Same day funds transfers within Australia fee (RTGS) — This fee is for a Real Time Gross Settlement (RTGS) payment which refers to the process of transferring money from one bank to another in Australia on a real time and gross basis. The cost is per transfer. | Transaction | $20.00 |
| Inwards Payment fee — International money transfer from overseas (other fees may be charged by participating banks involved in the transaction or settlement). The cost is per transaction. | Deposit | $0.00 |
| Online international payment in foreign currency — This fee is charged when you make an International Payment in foreign currency on-line via Internet banking or Bank Australia app. The cost is per transfer. | Payment | $10.00 |
| Term Deposit Early Withdrawal — $0 fee and interest paid penalty. A fee charged for withdrawal of funds from your term deposit prior to its maturity | Event | $0.00 |
| Staff assisted international payment in AUD — This fee is charged when you make an International Payment in AUD via a Branch or the Contact Centre. The cost is per transfer. | Payment | $30.00 |
| Duplicate statement fee — $5 per statement (for period more than 3 months before request). A fee that may be charged if you order a copy of a statement that has already been issued on your account. This fee per statement and is charged on or after the day you order the duplicate statement. | Event | $5.00 |

## Features

- **Digital banking** (You can self-serve your day-to-day banking needs via Bank Australia's App or Internet Banking.)
- **Monthly income term deposit redemptions prior to the expiry of the agreed term will be approved with 31 days' notice. During the notice period, no interest will be earned on the portion of the term deposit being withdrawn and a Term Deposit early withdrawal admin fee may apply.**

## Eligibility

- **Business customers** (Sole traders, Pty Ltd, public companies, partnerships or associations)
- **Minimum age** — 0 years (Children aged 12 years and younger requires that a parent or guardian is a signatory to the account until the child turns 13 years old. At the age of 13 years old, the parent or guardian may at the child's election, cease to be a signatory.)
- **Individuals only** (Natural Person or In trust for a Natural Person or Non-Individual entity)
- **Residency status** — AU (Be an Australian citizen, permanent resident or have a valid visa; or entity be registered in Australia)

## Constraints

- **Minimum balance** — $500.00 (Minimum Balance of $500 is required)

## More information from Bank Australia

- [Overview](https://www.bankaust.com.au/banking/term-deposits)
- [Terms & conditions](https://www.bankaust.com.au/banking/term-deposits#tab3)
- [Eligibility](https://www.bankaust.com.au/banking/term-deposits#tab2)
- [Fees & pricing](https://www.bankaust.com.au/banking/term-deposits#tab1)

## Data provenance

- Published by Bank Australia under the Consumer Data Right
- Product ID: `a134795b-69d4-4b73-b7a4-9bd1c2479350`
- Last updated by the provider: 24 August 2026
- Source payload (JSON): https://www.cdrcompare.au/api/raw/bank-australia/a134795b-69d4-4b73-b7a4-9bd1c2479350
- Provider page: https://www.cdrcompare.au/brands/bank-australia
- CDR register entry: https://www.cdr.gov.au/find-a-provider?provider=000150

---

Source: [CDR Compare](https://www.cdrcompare.au/brands/bank-australia/products/a134795b-69d4-4b73-b7a4-9bd1c2479350) — product data published by Australian data holders under the Consumer Data Right. Not financial advice; no rankings, recommendations or affiliate relationships. Always confirm details with the provider.

Site map: [all providers](https://www.cdrcompare.au/) · [how this works](https://www.cdrcompare.au/about) · [agent guide](https://www.cdrcompare.au/agents.md) · [llms.txt](https://www.cdrcompare.au/llms.txt) · [sitemap.xml](https://www.cdrcompare.au/sitemap.xml)