Compare Term deposits

Term deposits

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619 term deposits from 81 providers

Rates checked 30 Sep
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People First BankPeople First Bank

People First Bank

Term Deposit
For business customers

Digital banking · Notifications · Relationship management

5.45%interest rate
7 monthsterm
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no commission on this product

RACQ BankRACQ Bank

RACQ Bank

Term Deposit

Digital banking · Notifications

5.45%interest rate
6 monthsterm
Details ›

no commission on this product

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The Financial Claims Scheme

Eligible Australian-dollar deposits with an Australian-incorporated authorised deposit-taking institution may be protected under the Financial Claims Scheme up to $250,000 per account holder per ADI, if the Australian Government activates the scheme. Multiple brands can share the same ADI and therefore the same limit.

The limit is per account holder per ADI, not per account or per product: several accounts with the same ADI count together toward the one $250,000 limit, and brands trading under the same ADI share it.

The scheme is administered by APRA and applies only if the Australian Government activates it for a failed institution.

We show the eligibility badge only on products we have verified two ways: the brand matched to an Australian-incorporated ADI on APRA's Register of authorised deposit-taking institutions (read 29 August 2026), and the specific product confirmed as an eligible protected account from provider documentation. Deposits with foreign bank branches are not covered. Where either check is outstanding, we show nothing.

This is general information, not advice about your circumstances - confirm your cover with your provider, or see APRA's register and the scheme's official site at fcs.gov.au.