BankWAW term deposit rates
9 terms published on 10 Oct 2026, best 5.20% for 12 months, from BankWAW’s own Consumer Data Right feed. Registered as bankWAW.
BankWAW 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 | 4.50% | joint #35 of 68 | −0.05 | −0.75 | — | same on every day read since 10 Sep 2026 | $1,000 | Limited Offer 3 months |
| 5mo | 2.70% | #49 of 50 | −1.60 | −2.50 | — | same on every day read since 10 Sep 2026 | $25,000 | 3-5 months >$25K |
| 6mo | 5.00% | joint #35 of 73 | median | −0.45 | — | same on every day read since 10 Sep 2026 | $1,000 | Limited Offer 6 months |
| 11mo | 3.10% | #43 of 45 | −0.90 | −2.35 | — | same on every day read since 10 Sep 2026 | $25,000 | 6-11 months >$25K |
| 1yr | 5.20% | joint #44 of 75 | −0.05 | −0.40 | — | same on every day read since 10 Sep 2026 | $1,000 | Limited Offer 12 months |
| 17mo | 3.50% | #12 of 13 | −0.80 | −1.50 | — | same on every day read since 10 Sep 2026 | $25,000 | 12-17 months >$25K |
| 18mo | 5.20% | joint #2 of 25 | +0.90 | −0.30 | — | same on every day read since 10 Sep 2026 | $1,000 | Limited Offer 18 months |
| 23mo | 3.25% | #15 of 17 | −1.05 | −2.00 | — | same on every day read since 10 Sep 2026 | $25,000 | Interest paid monthly 12-23 months >$25K |
| 2yr | 3.60% | #56 of 67 | −1.10 | −1.95 | — | same on every day read since 10 Sep 2026 | $25,000 | 18-24 months >$25K |
“Rank”, “vs median” and “vs best” compare BankWAW 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 BankWAW publishes about its products20 term deposit products · as published 10 Oct 2026
| Product | Interest paid | Min. deposit | Max. deposit | Fixed-rate terms | Links |
|---|---|---|---|---|---|
| Interest paid monthly 6-11 months <$25Kbusiness | monthly | $5,000 | $24,999.99 | 1 | product page · terms · fees · eligibility |
| Interest paid monthly 6-11 months >$25Kbusiness | monthly | $25,000 | $1,000,000 | 1 | product page · terms · fees · eligibility |
| Interest paid monthly 12-23 months <$25Kbusiness | monthly | $5,000 | $24,999.99 | 1 | product page · terms · fees · eligibility |
| Interest paid monthly 12-23 months >$25Kbusiness | monthly | $25,000 | $1,000,000 | 1 | product page · terms · fees · eligibility |
| Interest paid monthly 24 months <$25Kbusiness | monthly | $5,000 | $24,999.99 | 1 | product page · terms · fees · eligibility |
| Interest paid monthly 24 months >$25Kbusiness | monthly | $25,000 | $1,000,000 | 1 | product page · terms · fees · eligibility |
| 3-5 months <$25Kbusiness | at maturity | $1,000 | $24,999.99 | 1 | product page · terms · fees · eligibility |
| 3-5 months >$25Kbusiness | at maturity | $25,000 | $1,000,000 | 1 | product page · terms · fees · eligibility |
| 6-11 months <$25Kbusiness | at maturity | $1,000 | $24,999.99 | 1 | product page · terms · fees · eligibility |
| 6-11 months >$25Kbusiness | at maturity | $25,000 | $1,000,000 | 1 | product page · terms · fees · eligibility |
| 12-17 months <$25Kbusiness | yearly | $1,000 | $24,999.99 | 1 | product page · terms · fees · eligibility |
| 12-17 months >$25Kbusiness | yearly | $25,000 | $1,000,000 | 1 | product page · terms · fees · eligibility |
| 18-24 months <$25Kbusiness | yearly | $1,000 | $24,999.99 | 1 | product page · terms · fees · eligibility |
| 18-24 months >$25Kbusiness | yearly | $25,000 | $1,000,000 | 1 | product page · terms · fees · eligibility |
| Limited Offer 3 monthsbusiness | at maturity | $1,000 | $1,000,000 | 1 | product page · terms · fees · eligibility |
| Limited Offer 12 monthsbusiness | at maturity | $1,000 | $1,000,000 | 1 | product page · terms · fees · eligibility |
| Limited Offer 18 monthsbusiness | yearly | $1,000 | $1,000,000 | 1 | product page · terms · fees · eligibility |
| Limited Offer 6 monthsbusiness | at maturity | $1,000 | $1,000,000 | 1 | product page · terms · fees · eligibility |
Interest paid monthly 6-11 months <$25K: eligibility, conditions and features
- Eligibility
- businesses; individuals
- Conditions
- min balance 5000.00
- Features
- digital banking; npp enabled; npp payid
- The bank’s description
- Interest paid monthly 6-11 months <$25K
- Interest calculated
- daily
Interest paid monthly 6-11 months >$25K: eligibility, conditions and features
- Eligibility
- businesses; individuals
- Conditions
- min balance 25000.00
- Features
- digital banking; npp enabled; npp payid
- The bank’s description
- Interest paid monthly 6-11 months >$25K
- Interest calculated
- daily
Interest paid monthly 12-23 months <$25K: eligibility, conditions and features
- Eligibility
- businesses; individuals
- Conditions
- min balance 5000.00
- Features
- digital banking; npp enabled; npp payid
- The bank’s description
- Interest paid monthly 12-23 months <$25K
- Interest calculated
- daily
Interest paid monthly 12-23 months >$25K: eligibility, conditions and features
- Eligibility
- businesses; individuals
- Conditions
- min balance 25000.00
- Features
- digital banking; npp enabled; npp payid
- The bank’s description
- Interest paid monthly 12-23 months >$25K
- Interest calculated
- daily
Interest paid monthly 24 months <$25K: eligibility, conditions and features
- Eligibility
- businesses; individuals
- Conditions
- min balance 5000.00
- Features
- digital banking; npp enabled; npp payid
- The bank’s description
- Interest paid monthly 24 months <$25K
- Interest calculated
- daily
Interest paid monthly 24 months >$25K: eligibility, conditions and features
- Eligibility
- businesses; individuals
- Conditions
- min balance 25000.00
- Features
- digital banking; npp enabled; npp payid
- The bank’s description
- Interest paid monthly 24 months >$25K
- Interest calculated
- daily
3-5 months <$25K: eligibility, conditions and features
- Eligibility
- businesses; individuals
- Conditions
- min balance 1000.00
- Features
- digital banking; npp enabled; npp payid
- The bank’s description
- 3-5 months <$25K
- Interest calculated
- daily
3-5 months >$25K: eligibility, conditions and features
- Eligibility
- businesses; individuals
- Conditions
- min balance 25000.00
- Features
- digital banking; npp enabled; npp payid
- The bank’s description
- 3-5 months >$25K
- Interest calculated
- daily
6-11 months <$25K: eligibility, conditions and features
- Eligibility
- businesses; individuals
- Conditions
- min balance 1000.00
- Features
- digital banking; npp enabled; npp payid
- The bank’s description
- 6-11 months <$25K
- Interest calculated
- daily
6-11 months >$25K: eligibility, conditions and features
- Eligibility
- businesses; individuals
- Conditions
- min balance 25000.00
- Features
- digital banking; npp enabled; npp payid
- The bank’s description
- 6-11 months >$25K
- Interest calculated
- daily
12-17 months <$25K: eligibility, conditions and features
- Eligibility
- businesses; individuals
- Conditions
- min balance 1000.00
- Features
- digital banking; npp enabled; npp payid
- The bank’s description
- 12-17 months <$25K
- Interest calculated
- daily
12-17 months >$25K: eligibility, conditions and features
- Eligibility
- businesses; individuals
- Conditions
- min balance 25000.00
- Features
- digital banking; npp enabled; npp payid
- The bank’s description
- 12-17 months >$25K
- Interest calculated
- daily
18-24 months <$25K: eligibility, conditions and features
- Eligibility
- businesses; individuals
- Conditions
- min balance 1000.00
- Features
- digital banking; npp enabled; npp payid
- The bank’s description
- 18-24 months <$25K
- Interest calculated
- daily
18-24 months >$25K: eligibility, conditions and features
- Eligibility
- businesses; individuals
- Conditions
- min balance 25000.00
- Features
- digital banking; npp enabled; npp payid
- The bank’s description
- 18-24 months >$25K
- Interest calculated
- daily
Limited Offer 3 months: eligibility, conditions and features
- Eligibility
- businesses; individuals
- Conditions
- min balance 1000.00
- Features
- digital banking; npp enabled; npp payid
- The bank’s description
- Limited Offer 3 months
- Interest calculated
- daily
Limited Offer 12 months: eligibility, conditions and features
- Eligibility
- businesses; individuals
- Conditions
- min balance 1000.00
- Features
- digital banking; npp enabled; npp payid
- The bank’s description
- Limited Offer 12 months
- Interest calculated
- daily
Limited Offer 18 months: eligibility, conditions and features
- Eligibility
- businesses; individuals
- Conditions
- min balance 1000.00
- Features
- digital banking; npp enabled; npp payid
- The bank’s description
- Limited Offer 18 months
- Interest calculated
- daily
Limited Offer 6 months: eligibility, conditions and features
- Eligibility
- businesses; individuals
- Conditions
- min balance 1000.00
- Features
- digital banking; npp enabled; npp payid
- The bank’s description
- Limited Offer 6 months
- Interest calculated
- daily
Also published, not ranked here: Farm Management Deposit 12-24 months interest quarterly business (product page); Farm Management Deposit 12-24 months interest annually business (product page).
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 4.50% today
26 Aug 202610 Oct 2026
6mo 5.00% today
26 Aug 202610 Oct 2026
11mo 3.10% today
26 Aug 202610 Oct 2026
1yr 5.20% today
26 Aug 202610 Oct 2026
17mo 3.50% today
26 Aug 202610 Oct 2026
2yr 3.60% today
26 Aug 202610 Oct 2026
All 9 terms — the other 3
5mo 2.70% today
26 Aug 202610 Oct 2026
18mo 5.20% today
26 Aug 202610 Oct 2026
23mo 3.25% today
26 Aug 202610 Oct 2026
Each line is the best retail rate BankWAW 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 BankWAW sitsagainst the 77 banks ranked today
1yr: 43 banks ahead
- Community First Bank 5.60%
- Dnister Bank 5.55%
- Heartland Bank 5.55%
- Unity Bank 5.50%
- Alex Bank 5.50%
- Bank Australia 5.50%
- and 37 more on the leaderboard
6mo: 34 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 28 more on the leaderboard
Customer-owned banks52 banks · top 10 by best rate
| Bank | Best | Term | 6 m | 12 m | Market rank |
|---|---|---|---|---|---|
 Community First Bank | 5.60% | 1yr | 5.10% | 5.60% | #1 |
 Dnister Bank | 5.55% | 1yr | 5.30% | 5.55% | #2 |
| Unity Bank | 5.55% | 2yr | 5.35% | 5.50% | #2 |
 Bank Australia | 5.50% | 1yr | 5.30% | 5.50% | #5 |
 Bank First | 5.50% | 1yr | 5.30% | 5.50% | #5 |
 Qudos Bank | 5.50% | 1yr | 5.30% | 5.50% | #5 |
 Great Southern Bank | 5.45% | 1yr | 4.55% | 5.45% | #11 |
 People First Bank | 5.45% | 7mo | 5.00% | 5.20% | #11 |
 Police Credit Union | 5.45% | 11mo | 5.00% | 5.25% | #11 |
 QBANK | 5.45% | 1yr | 5.30% | 5.45% | #11 |
| BankWAW | 5.20% | 1yr | 5.00% | 5.20% | #53 |
Timeline0 rate changes since 10 Sep 2026 · ▲0 ▼0 · 1 event
| Date | Term | From → to | Δ |
|---|---|---|---|
| 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. | |
Questions about these rates
What is BankWAW’s best term deposit rate today?
On 10 Oct 2026, the best retail term deposit rate BankWAW publishes in its Consumer Data Right feed is 5.20% for 12 months (Limited Offer 12 months). That is joint #53 of the 77 Australian banks ranked by best rate today.
What is BankWAW’s 12-month term deposit rate?
5.20% as read on 10 Oct 2026, 0.05 points below the market median of 5.25%, and joint #44 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 BankWAW?
The lowest minimum BankWAW states in its feed is $1,000 (Limited Offer 3 months, 3-month). Check the product disclosure statement for balance tiers.
When did BankWAW last change a term deposit rate?
We have not read a change to any of BankWAW’s published retail term deposit rates since we first read its feed on 10 Sep 2026. Days on which we read no rate are not counted as unchanged.
Are deposits with BankWAW guaranteed?
BankWAW 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 BankWAW 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 BankWAW” below; rates are as read on 10 Oct 2026.
About BankWAW
- Registered as
- bankWAW
- Type
- Customer-owned bank (mutual)
- Website
- www.bankwaw.com.au
- Consumer Data Right feed
- https://onlinebanking.wawcu.com.au/OpenBanking
- 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 BankWAW 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 accountshighinterestsavingsaccounts.org
BankWAW has no savings account on today’s board at highinterestsavingsaccounts.org, our sister site for at-call savings rates.
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.