Alex.Bank
Term Deposit - Direct
Alex.Bank · term deposits
Provider last updated this product 2026-10-19.
Alex gets you a competitive interest rate on your term deposit. Origination via invite only.
Deposit rates
| Type | Rate | Term | Calculated | Applies to | Conditions | Interest |
|---|---|---|---|---|---|---|
| FIXED | 5.40% | 12 months | - | $5,000 - $250,000 | Interest at Maturity | paid annually |
| Interest at Maturity | ||||||
| FIXED | 5.30% | 12 months | - | $5,000 - $250,000 | Interest Paid Monthly | paid monthly |
| Interest Paid Monthly | ||||||
| FIXED | 4.90% | 24 months | - | $5,000 - $250,000 | Interest Paid Monthly | paid monthly |
| Interest Paid Monthly | ||||||
| FIXED | 5.00% | 24 months | - | $5,000 - $250,000 | Interest Paid Annually | paid annually |
| Interest Paid Annually | ||||||
| FIXED | 4.90% | 36 months | - | $5,000 - $250,000 | Interest Paid Monthly | paid monthly |
| Interest Paid Monthly | ||||||
| FIXED | 5.00% | 36 months | - | $5,000 - $250,000 | Interest Paid Annually | paid annually |
| Interest Paid Annually | ||||||
| FIXED | 4.90% | 18 months | - | $5,000 - $250,000 | Interest Paid Monthly | paid monthly |
| Interest Paid Monthly | ||||||
| FIXED | 5.00% | 18 months | - | $5,000 - $250,000 | Interest Paid Annually | paid annually |
| Interest Paid Annually | ||||||
| FIXED | 4.90% | 48 months | - | $5,000 - $250,000 | Interest Paid Monthly | paid monthly |
| Interest Paid Monthly | ||||||
| FIXED | 5.00% | 48 months | - | $5,000 - $250,000 | Interest Paid Annually | paid annually |
| Interest Paid Annually | ||||||
| FIXED | 4.90% | 60 months | - | $5,000 - $250,000 | Interest Paid Monthly | paid monthly |
| Interest Paid Monthly | ||||||
| FIXED | 5.00% | 60 months | - | $5,000 - $250,000 | Interest Paid Annually | paid annually |
| Interest Paid Annually | ||||||
| FIXED | 4.75% | 9 months | - | $5,000 - $250,000 | Interest Paid at Maturity | paid P9M |
| Interest Paid at Maturity | ||||||
| FIXED | 5.10% | 6 months | - | $5,000 - $250,000 | Interest Paid at Maturity | paid half-yearly |
| Interest Paid at Maturity | ||||||
Fees
| Fee | Type | Amount | Details |
|---|---|---|---|
| Account Keeping Fee | PERIODIC | $0 | - |
Rate history
The figures behind this chart
| From | Until | Rate |
|---|---|---|
| 2026-07-15 | 2026-09-06 | 5.25% |
| 2026-09-08 | 2026-09-24 | 5.15% |
| 2026-09-25 | 2026-09-30 | 5.25% |
| 2026-10-01 | 2026-10-26 (current) | 5.40% |
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
- Reinvest Principal and Interest, Reinvest Principal and Payout Interest, Payout Principal and Interest.
- At Maturity, Annually, Monthly.
- 7 calendar days from the date of reinvestment.
- 31 calendar days' advance notice in writing unless financial hardship applies. An interest or principal adjustment may be applicable.
Who can apply
- other - Eligible CustomersIndividual, Joint (max of 2 individuals), Sole Trader, Trust (max 1 company trustee and/or up to 4 individual trustees), Self-Managed Superannuation Fund, Australian Registered Company
- residency status - Individuals must be an Australian Citizen or Permanent Resident.
- min age - 18
- other - ChannelOrigination via accredited invite only.
Limits
- min balance - 5000.00
- max balance - 250000.00
The provider's own documents
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: 2026-10-19T13:01:11Z · Product ID: 6c6f08e9-0d60-44c4-8fc9-79b146366ef9