Suncorp Bank
Farm Management Term Deposit
Suncorp Bank · term deposits
Provider last updated this product 2026-05-27.
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A Farm Management Deposit Account (FMDA) Term Deposit is for primary producers who can take advantage of the tax benefits available under the Farm Management Deposits (FMD) scheme. The FMDA Term Deposit allows you to lock away an amount of money at a fixed interest rate for a nominated time period. During the fixed term, no deposits or withdrawals are permitted.
Deposit rates
| Type | Rate | Term | Calculated | Applies to | Conditions | Interest |
|---|---|---|---|---|---|---|
| FIXED | 5.20% | 24 months | daily | $50,000 - $99,999 | 24 Month TD Interest Annually | calculated daily, paid annually |
| 24 Month TD Interest Annually | ||||||
| FIXED | 5.20% | 24 months | daily | $1,000 - $49,999 | 24 Month TD Interest Annually | calculated daily, paid annually |
| 24 Month TD Interest Annually | ||||||
| FIXED | 5.20% | 24 months | daily | $100,000 - $800,000 | 24 Month TD Interest Annually | calculated daily, paid annually |
| 24 Month TD Interest Annually | ||||||
| FIXED | 5.25% | 12 months | daily | $50,000 - $99,999 | 12 Month TD Interest at Maturity | calculated daily, paid P12M |
| 12 Month TD Interest at Maturity | ||||||
| FIXED | 5.25% | 12 months | daily | $1,000 - $49,999 | 12 Month TD Interest at Maturity | calculated daily, paid P12M |
| 12 Month TD Interest at Maturity | ||||||
| FIXED | 5.25% | 12 months | daily | $100,000 - $800,000 | 12 Month TD Interest at Maturity | calculated daily, paid P12M |
| 12 Month TD Interest at Maturity | ||||||
| FIXED | 5.00% | 9 months | daily | $50,000 - $99,999 | 09 Month TD Interest at Maturity | calculated daily, paid P9M |
| 09 Month TD Interest at Maturity | ||||||
| FIXED | 5.00% | 9 months | daily | $1,000 - $49,999 | 09 Month TD Interest at Maturity | calculated daily, paid P9M |
| 09 Month TD Interest at Maturity | ||||||
| FIXED | 5.00% | 9 months | daily | $100,000 - $800,000 | 09 Month TD Interest at Maturity | calculated daily, paid P9M |
| 09 Month TD Interest at Maturity | ||||||
| FIXED | 4.85% | 6 months | daily | $50,000 - $99,999 | 06 Month TD Interest at Maturity | calculated daily, paid half-yearly |
| 06 Month TD Interest at Maturity | ||||||
| FIXED | 4.85% | 6 months | daily | $1,000 - $49,999 | 06 Month TD Interest at Maturity | calculated daily, paid half-yearly |
| 06 Month TD Interest at Maturity | ||||||
| FIXED | 4.85% | 6 months | daily | $100,000 - $800,000 | 06 Month TD Interest at Maturity | calculated daily, paid half-yearly |
| 06 Month TD Interest at Maturity | ||||||
| FIXED | 4.25% | 3 months | daily | $50,000 - $99,999 | 03 Month TD Interest at Maturity | calculated daily, paid quarterly |
| 03 Month TD Interest at Maturity | ||||||
| FIXED | 4.25% | 3 months | daily | $1,000 - $49,999 | 03 Month TD Interest at Maturity | calculated daily, paid quarterly |
| 03 Month TD Interest at Maturity | ||||||
| FIXED | 4.25% | 3 months | daily | $100,000 - $800,000 | 03 Month TD Interest at Maturity | calculated daily, paid quarterly |
| 03 Month TD Interest at Maturity | ||||||
| FIXED | 2.00% | 2 months | daily | $100,000 - $800,000 | 02 Month TD Interest at Maturity | calculated daily, paid P2M |
| 02 Month TD Interest at Maturity | ||||||
| FIXED | 2.00% | 2 months | daily | $50,000 - $99,999 | 02 Month TD Interest at Maturity | calculated daily, paid P2M |
| 02 Month TD Interest at Maturity | ||||||
| FIXED | 2.00% | 2 months | daily | $1,000 - $49,999 | 02 Month TD Interest at Maturity | calculated daily, paid P2M |
| 02 Month TD Interest at Maturity | ||||||
| FIXED | 1.85% | 1 months | daily | $100,000 - $800,000 | 01 Month TD Interest at Maturity | calculated daily, paid monthly |
| 01 Month TD Interest at Maturity | ||||||
| FIXED | 1.85% | 1 months | daily | $50,000 - $99,999 | 01 Month TD Interest at Maturity | calculated daily, paid monthly |
| 01 Month TD Interest at Maturity | ||||||
| FIXED | 1.85% | 1 months | daily | $1,000 - $49,999 | 01 Month TD Interest at Maturity | calculated daily, paid monthly |
| 01 Month TD Interest at Maturity | ||||||
Fees
| Fee | Type | Amount | Details |
|---|---|---|---|
| Interest Certificate | EVENT | $10 | previous financial year - per certificate issued |
| Record Search/Copy Fee | EVENT | $70 | per hour |
| Request for Audit Certificate | EVENT | $30 | per certificate |
| Standard fees | EVENT | $0 | There are no fees associated with this account |
Rate history
The figures behind this chart
| From | Until | Rate |
|---|---|---|
| 2026-07-15 | 2026-10-26 (current) | 5.25% |
Published figures as captured daily since 2026-07-15. A step is the day the provider's published figure changed; days without a published figure carry the last published value.
Features
- Pay $0 account keeping fees
- Monthly interest payments are available on terms 2, 3, 6, 9, 12 and 24 months at 0.30% p.a. below carded rates for interest at maturity (terms 2, 3, 6, 9, 12 and 24 months).
- Quarterly interest payments are available on terms 6, 9, 12 and 24 months at 0.25% p.a. below carded rates for interest at maturity (terms 6, 9, 12 and 24 months).
- Semi-annual interest payments are available on terms 12 and 24 months at 0.15% p.a. below carded rates for interest at maturity (terms 12 and 24 months).
Who can apply
- businessMust be a primary producer
- businessDeposit must remain in the account for a minimum of 12 months to take advantage of tax benefits
- businessDeposit between $1000 and $800,000 for the relevant financial year
- businessAccount can only be opened in an individuals name only
- businessAccount holder has a taxable non-primary income of $100,000 or less
Limits
- min balance - 1000.00Minimum Balance of $1,000
- max balance - 800000.00Maximum Balance of $800,000
The provider's own documents
- Product overview › (opens in a new tab)
- Terms and conditions › (opens in a new tab)
- Eligibility criteria › (opens in a new tab)
Published by the provider under the Consumer Data Right. These are their documents, not ours - they are the authority on this product.
Last updated by data holder: 2026-05-27T14:00:00.000Z · Product ID: FMDATD