Alex Bank term deposit rates
9 terms published on 10 Oct 2026, best 5.50% for 12 months, from Alex Bank’s own Consumer Data Right feed. Registered as Alex.Bank.
Alex Bank at a glance
Today’s rates9 terms · read 10 Oct 2026
| Term | Rate | Rank | vs median | vs best | Last change | This rate | Min. deposit | Product |
|---|---|---|---|---|---|---|---|---|
| 3mo | 4.90% | joint #29 of 68 | +0.35 | −0.35 | ▼ −0.10 9 Oct | in effect since 9 Oct 2026 | $10,000 | Term Deposit - Intermediary |
| 6mo | 5.10% | joint #29 of 73 | +0.10 | −0.35 | ▼ −0.20 9 Oct | in effect since 9 Oct 2026 | $5,000 | Term Deposit - Direct |
| 9mo | 5.30% | joint #5 of 60 | +0.50 | −0.10 | ▼ −0.05 9 Oct | in effect since 9 Oct 2026 | $10,000 | Term Deposit - Intermediary |
| 1yr | 5.50% | joint #4 of 75 | +0.25 | −0.10 | ▼ −0.05 9 Oct | in effect since 9 Oct 2026 | $10,000 | Term Deposit - Intermediary |
| 18mo | 5.10% | #5 of 25 | +0.80 | −0.40 | ▲ +0.10 15 Sep | in effect since 15 Sep 2026 | $10,000 | Term Deposit - Intermediary |
| 2yr | 5.30% | #6 of 67 | +0.60 | −0.25 | ▲ +0.10 1 Oct | in effect since 1 Oct 2026 | $10,000 | Term Deposit - Intermediary |
| 3yr | 5.10% | joint #8 of 51 | +0.80 | −0.35 | ▲ +0.10 1 Oct | in effect since 1 Oct 2026 | $10,000 | Term Deposit - Intermediary |
| 4yr | 5.10% | joint #6 of 32 | +1.10 | −0.40 | ▲ +0.10 1 Oct | in effect since 1 Oct 2026 | $10,000 | Term Deposit - Intermediary |
| 5yr | 5.30% | #5 of 31 | +1.30 | −0.20 | ▼ −0.10 9 Oct | in effect since 9 Oct 2026 | $10,000 | Term Deposit - Intermediary |
“Rank”, “vs median” and “vs best” compare Alex Bank with every bank that publishes the same term today. “This rate” is the first day our daily read showed the current rate — a rate that changed between two reads is dated to the first read that showed it.
What Alex Bank publishes about its products3 term deposit products · as published 10 Oct 2026
| Product | Interest paid | Min. deposit | Max. deposit | Fixed-rate terms | Links |
|---|---|---|---|---|---|
| Term Deposit - Intermediarysmsf | half-yearly (at maturity), yearly (at maturity), monthly, yearly, every 9 months (at maturity), quarterly (at maturity) | $10,000 | $500,000 | 9 | terms · eligibility |
| Term Deposit - Directsmsf | yearly, monthly (at maturity), monthly, every 9 months (at maturity), half-yearly (at maturity) | $5,000 | $250,000 | 8 | terms · eligibility |
| Term Deposit - Partnerssmsf | yearly (at maturity), monthly, yearly, every 9 months (at maturity), half-yearly (at maturity) | $10,000 | $250,000 | 8 | terms · eligibility |
Term Deposit - Intermediary: eligibility, conditions and features
- Eligibility
- Eligible Customers — Individual, Joint (max of 2 individuals), Sole Trader, Trust (max 1 company trustee and/or up to 4 individual trustees), Self-Managed Superannuation Fund; residency: Individuals must be an Australian Citizen or Permanent Resident.; minimum age: 18; Channel — Origination via accredited deposit intermediaries only.
- Conditions
- min balance 10000.00
- Features
- other: Maturity Options — Reinvest Principal and Interest, Reinvest Principal and Payout Interest, Payout Principal and Interest.; other: Interest Payment Options — At Maturity, Annually, Monthly.; other: Grace Period — 7 calendar days from the date of reinvestment.; other: Early Withdrawal — 31 calendar days' advance notice in writing unless financial hardship applies. An interest or principal adjustment may be applicable.
- The bank’s description
- Alex gets you a competitive interest rate on your term deposit. Origination via accredited deposit intermediaries only.
- Interest calculated
- every 0 days
Term Deposit - Direct: eligibility, conditions and features
- Eligibility
- Eligible Customers — Individual, 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: Individuals must be an Australian Citizen or Permanent Resident.; minimum age: 18; Channel — Origination via accredited invite only.
- Conditions
- min balance 5000.00; max balance 250000.00
- Features
- other: Maturity Options — Reinvest Principal and Interest, Reinvest Principal and Payout Interest, Payout Principal and Interest.; other: Interest Payment Options — At Maturity, Annually, Monthly.; other: Grace Period — 7 calendar days from the date of reinvestment.; other: Early Withdrawal — 31 calendar days' advance notice in writing unless financial hardship applies. An interest or principal adjustment may be applicable.
- The bank’s description
- Alex gets you a competitive interest rate on your term deposit. Origination via invite only.
Term Deposit - Partners: eligibility, conditions and features
- Eligibility
- Eligible Customers — Individual, 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: Individuals must be an Australian Citizen or Permanent Resident.; minimum age: 18; Channel — Origination via accredited deposit intermediaries only.
- Conditions
- min balance 10000.00
- Features
- other: Maturity Options — Reinvest Principal and Interest, Reinvest Principal and Payout Interest, Payout Principal and Interest.; other: Interest Payment Options — At Maturity, Annually, Monthly.; other: Grace Period — 7 calendar days from the date of reinvestment.; other: Early Withdrawal — 31 calendar days' advance notice in writing unless financial hardship applies. An interest or principal adjustment may be applicable.
- The bank’s description
- Alex gets you a competitive interest rate on your term deposit. Origination via accredited deposit intermediaries only.
Every line is the bank’s own statement in its feed, read that day — nothing is inferred. Early-withdrawal terms appear under conditions or features when a bank states them; a retail product that is also open to businesses or SMSFs is marked.
Rate historyevery sweep day since 26 Aug 2026 · 46 days · 9 terms
3mo 4.90% today
26 Aug 202610 Oct 2026
6mo 5.10% today
26 Aug 202610 Oct 2026
1yr 5.50% today
26 Aug 202610 Oct 2026
2yr 5.30% today
26 Aug 202610 Oct 2026
3yr 5.10% today
26 Aug 202610 Oct 2026
5yr 5.30% today
26 Aug 202610 Oct 2026
All 9 terms — the other 3
9mo 5.30% today
26 Aug 202610 Oct 2026
18mo 5.10% today
26 Aug 202610 Oct 2026
4yr 5.10% today
26 Aug 202610 Oct 2026
Each line is the best retail rate Alex Bank published for that term on each day we read its feed. A break in the line is a day we read no rate for that term — the feed could not be read, or the bank did not publish that term that day — never a rate carried forward.
Where Alex Bank sitsagainst the 77 banks ranked today
1yr: 3 banks ahead
- Community First Bank 5.60%
- Dnister Bank 5.55%
- Heartland Bank 5.55%
6mo: 28 banks ahead
- Heartland Bank 5.45%
- RACQ Bank 5.45%
- Unity Bank 5.35%
- Dnister Bank 5.30%
- Bank Australia 5.30%
- Bank First 5.30%
- and 22 more on the leaderboard
Timeline31 rate changes since 26 Aug 2026 · ▲18 ▼13 · 1 event
| Date | Term | From → to | Δ |
|---|---|---|---|
| 9 Oct 2026 | 6mo | 5.30 → 5.10 | ▼ −0.20 |
| 9 Oct 2026 | 3mo | 5.00 → 4.90 | ▼ −0.10 |
| 9 Oct 2026 | 5yr | 5.40 → 5.30 | ▼ −0.10 |
| 9 Oct 2026 | 9mo | 5.35 → 5.30 | ▼ −0.05 |
| 9 Oct 2026 | 1yr | 5.55 → 5.50 | ▼ −0.05 |
| 1 Oct 2026 | 9mo | 5.25 → 5.35 | ▲ +0.10 |
| 1 Oct 2026 | 2yr | 5.20 → 5.30 | ▲ +0.10 |
| 1 Oct 2026 | 3yr | 5.00 → 5.10 | ▲ +0.10 |
| 1 Oct 2026 | 4yr | 5.00 → 5.10 | ▲ +0.10 |
| 1 Oct 2026 | 5yr | 5.30 → 5.40 | ▲ +0.10 |
| 1 Oct 2026 | 1yr | 5.50 → 5.55 | ▲ +0.05 |
| 30 Sep 2026 | RBA | RBA cash rate 4.60% — up 0.25 pointsReserve Bank decision effective 2026-09-30: cash rate target 4.60%, a rise of 0.25 percentage points. | |
| 29 Sep 2026 | 6mo | 5.20 → 5.30 | ▲ +0.10 |
| 29 Sep 2026 | 1yr | 5.45 → 5.50 | ▲ +0.05 |
| 25 Sep 2026 | 6mo | 5.25 → 5.20 | ▼ −0.05 |
| 25 Sep 2026 | 1yr | 5.40 → 5.45 | ▲ +0.05 |
| 22 Sep 2026 | 6mo | 5.20 → 5.25 | ▲ +0.05 |
| 22 Sep 2026 | 9mo | 5.20 → 5.25 | ▲ +0.05 |
| 22 Sep 2026 | 1yr | 5.35 → 5.40 | ▲ +0.05 |
| 18 Sep 2026 | 3mo | 5.15 → 5.00 | ▼ −0.15 |
| 15 Sep 2026 | 3mo | 4.80 → 5.15 | ▲ +0.35 |
| 15 Sep 2026 | 6mo | 4.90 → 5.20 | ▲ +0.30 |
| 15 Sep 2026 | 9mo | 4.90 → 5.20 | ▲ +0.30 |
| 15 Sep 2026 | 1yr | 5.20 → 5.35 | ▲ +0.15 |
| 15 Sep 2026 | 18mo | 5.00 → 5.10 | ▲ +0.10 |
| 8 Sep 2026 | 18mo | 4.80 → 5.00 | ▲ +0.20 |
| 8 Sep 2026 | 1yr | 5.25 → 5.20 | ▼ −0.05 |
| 28 Aug 2026 | 4yr | 5.30 → 5.00 | ▼ −0.30 |
| 28 Aug 2026 | 3yr | 5.20 → 5.00 | ▼ −0.20 |
| 28 Aug 2026 | 18mo | 4.90 → 4.80 | ▼ −0.10 |
| 28 Aug 2026 | 5yr | 5.40 → 5.30 | ▼ −0.10 |
| 28 Aug 2026 | 2yr | 5.25 → 5.20 | ▼ −0.05 |
Questions about these rates
What is Alex Bank’s best term deposit rate today?
On 10 Oct 2026, the best retail term deposit rate Alex Bank publishes in its Consumer Data Right feed is 5.50% for 12 months (Term Deposit - Intermediary). That is joint #5 of the 77 Australian banks ranked by best rate today.
What is Alex Bank’s 12-month term deposit rate?
5.50% as read on 10 Oct 2026, 0.25 points above the market median of 5.25%, and joint #4 of the 75 banks publishing a 12-month rate. The market-best 12-month rate today is 5.60%.
What is the minimum deposit at Alex Bank?
The lowest minimum Alex Bank states in its feed is $5,000 (Term Deposit - Direct, 6-month). Check the product disclosure statement for balance tiers.
When did Alex Bank last change a term deposit rate?
The most recent change we read was on 9 Oct 2026: the 6-month rate moved from 5.30% to 5.10%. We have read 31 changes at Alex Bank since 26 Aug 2026.
Are deposits with Alex Bank guaranteed?
Alex Bank publishes its products under the Consumer Data Right as an Australian data holder. Under the Financial Claims Scheme, administered by APRA, protected Australian-dollar deposit accounts at an Australian-incorporated authorised deposit-taking institution (ADI) are covered up to $250,000 per account holder per ADI. Several brands can share one ADI licence, in which case the cap covers them together, so confirm which licence Alex Bank operates under before relying on the guarantee. Scheme facts checked against apra.gov.au (Financial Claims Scheme) on 15 Sep 2026 — the link is under “About Alex Bank” below; rates are as read on 10 Oct 2026.
About Alex Bank
- Registered as
- Alex.Bank
- Also known as
- Alex.Bank
- Type
- Digital bank
- Consumer Data Right feed
- https://public.cdr.alex.com.au
- Deposit guarantee
- Financial Claims Scheme, up to $250,000 per account holder per ADI — scheme details and covered institutions at APRA (checked 15 Sep 2026)
The rates on this page are the retail term deposit rates Alex Bank publishes in its own Consumer Data Right product feed, read once a day. Business, SMSF and staff-only products are left out. A product the bank publishes as “tailored” (pricing may be negotiated) is included only when the bank also states it is open to individuals, and is marked as tailored. A day on which we read no rate is a gap on this page — never an estimate.
Facts about the institution reviewed 15 Sep 2026. Rates read 10 Oct 2026.
Savings accounts at Alex Bankhighinterestsavingsaccounts.org
A savings account keeps the money at call, but its rate can change at any time and its best rate usually has monthly conditions. A term deposit locks one rate for its term. Both figures come from the bank’s own feed.
Please note: the savings figures on this page are estimates only and may not reflect the return you actually receive. Actual returns vary with tax, fees, the interest payment frequency and any change the bank makes to a rate before you open the account. Rates are the bank’s own published Consumer Data Right figures and may differ for particular balance tiers or online-only products. Always read the product disclosure statement, confirm the rate with the bank, and consider your own circumstances. Nothing here is financial advice or a recommendation. This site is published by Nutshell Media Pty Ltd, which is not affiliated with any bank, credit union or building society.