---
title: "Term Deposit 3 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/b7a085bb-a6cc-46a8-a052-ed6f42b1d58b
source: "CDR Compare"
language: en-AU
last_updated: 2026-08-24T22:00:25.295Z
---

# Term Deposit 3 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:** 5.05% (3 months)

## Apply

Applications are handled by the provider: [Apply at Bank Australia](https://join.bankaust.com.au/#/welcome?productcode=203)

## Deposit rates

| Type | Rate | Applies to | Interest paid |
| --- | --- | --- | --- |
| Fixed · 3 months (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.) | 5.05% | Term Deposit 3 months - $500-$1m - Balance | every 3 months |
| Fixed · 3 months (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.) | 5.05% | Term Deposit 3 months - $500-$3m - Balance | every 3 months |

## 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 |
| 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 |
| 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 |

## Features

- **Digital banking** (You can self-serve your day-to-day banking needs via Bank Australia's App or Internet Banking.)
- **Early Withdrawal: If you want to withdraw your TD prior to maturity, you are required to provide 31 days' prior notice. You may incur an interest adjustment and a Term Deposit early withdrawal admin fee.**

## 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)
- **Personal, Joint, Self Managed Super Fund (SMSF), Business & Trust.
**
- **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: `b7a085bb-a6cc-46a8-a052-ed6f42b1d58b`
- Last updated by the provider: 24 August 2026
- Source payload (JSON): https://www.cdrcompare.au/api/raw/bank-australia/b7a085bb-a6cc-46a8-a052-ed6f42b1d58b
- 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/b7a085bb-a6cc-46a8-a052-ed6f42b1d58b) — 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.

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