Geelong Bank term deposit rates
3 terms published on 10 Oct 2026, best 5.30% for 12 months, from Geelong Bank’s own Consumer Data Right feed.
Today’s rates >_Interest on a deposit →Geelong Bank website →
Geelong Bank at a glance
Today’s rates3 terms · read 10 Oct 2026
| Term | Rate | Rank | vs median | vs best | Last change | This rate | Min. deposit | Product |
|---|---|---|---|---|---|---|---|---|
| 3mo | 3.60% | joint #51 of 68 | −0.95 | −1.65 | — | same on every day read since 25 Sep 2026 | $500 | Three Month Term Deposit |
| 6mo | 5.20% | joint #10 of 73 | +0.20 | −0.25 | — | same on every day read since 25 Sep 2026 | $500 | Six Month term deposit |
| 1yr | 5.30% | joint #23 of 75 | +0.05 | −0.30 | ▲ +0.05 7 Oct | in effect since 7 Oct 2026 | $500 | Twelve Month Term Deposit |
“Rank”, “vs median” and “vs best” compare Geelong 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 Geelong Bank publishes about its products6 term deposit products · as published 10 Oct 2026
| Product | Interest paid | Min. deposit | Max. deposit | Fixed-rate terms | Links |
|---|---|---|---|---|---|
| Twelve Month Term Deposit | at maturity | $500 | $1,000,000 | 1 | product page · terms · fees · eligibility |
| Regular Income Plus for 12 months | monthly | $500 | $1,000,000 | 1 | product page · terms · fees · eligibility |
| Regular Income Plus for 6 months | monthly | $500 | $1,000,000 | 1 | product page · terms · fees · eligibility |
| Six Month term deposit | at maturity | $500 | $1,000,000 | 1 | product page · terms · fees · eligibility |
| Regular Income Plus for 3 months | monthly | $500 | $1,000,000 | 1 | product page · terms · fees · eligibility |
| Three Month Term Deposit | at maturity | $500 | $1,000,000 | 1 | product page · terms · fees · eligibility |
Twelve Month Term Deposit: eligibility, conditions and features
- Eligibility
- residency: Individuals must be citizens or permanent residents of Australia.
- Conditions
- opening balance 1000.00; min balance 1000.00
- Features
- digital banking; other — No account keeping fee; notifications: Maturity reminders — We'll send you a written renewal notice before your deposit matures.; other — If you want to withdraw your Term Deposit before it matures a reduced rate of interest will apply in these circumstances.; other — eStatements available; notifications: Alerts — Receive notifications of maturity via SMS and email
- The bank’s description
- Take advantage of great returns on our term deposits.
- Interest calculated
- daily
Regular Income Plus for 12 months: eligibility, conditions and features
- Eligibility
- residency: Individuals must be citizens or permanent residents of Australia.
- Conditions
- opening balance 5000.00; min balance 5000.00
- Features
- digital banking; other — No account keeping fee; notifications: Maturity reminders — We'll send you a written renewal notice before your deposit matures.; other — If you want to withdraw your Term Deposit before it matures a reduced rate of interest will apply in these circumstances.; other — eStatements available; notifications: Alerts — Receive notifications of maturity via SMS and email
- The bank’s description
- Take advantage of great returns on our term deposits.
- Interest calculated
- daily
Regular Income Plus for 6 months: eligibility, conditions and features
- Eligibility
- residency: Individuals must be citizens or permanent residents of Australia.
- Conditions
- opening balance 5000.00; min balance 5000.00
- Features
- digital banking; other — No account keeping fee; other — Interest is paid monthly.; notifications: Maturity reminders — We'll send you a written renewal notice before your deposit matures.; other — If you want to withdraw your Term Deposit before it matures a reduced rate of interest will apply in these circumstances.; other — eStatements available; notifications: Alerts — Receive notifications of maturity via SMS and email
- The bank’s description
- Take advantage of great returns on our term deposits.
- Interest calculated
- daily
Six Month term deposit: eligibility, conditions and features
- Eligibility
- residency: Individuals must be citizens or permanent residents of Australia.
- Conditions
- opening balance 1000.00; min balance 1000.00
- Features
- digital banking; other — No account keeping fee; notifications: Maturity reminders — We'll send you a written renewal notice before your deposit matures.; other — If you want to withdraw your Term Deposit before it matures a reduced rate of interest will apply in these circumstances.; other — eStatements available; notifications: Alerts — Receive notifications of maturity via SMS and email
- The bank’s description
- Take advantage of great returns on our term deposits.
- Interest calculated
- daily
Regular Income Plus for 3 months: eligibility, conditions and features
- Eligibility
- residency: Individuals must be citizens or permanent residents of Australia.
- Conditions
- opening balance 5000.00; min balance 5000.00
- Features
- digital banking; other — No account keeping fee; notifications: Maturity reminders — We'll send you a written renewal notice before your deposit matures.; other — If you want to withdraw your Term Deposit before it matures a reduced rate of interest will apply in these circumstances.; other — eStatements available; notifications: Alerts — Receive notifications of maturity via SMS and email
- The bank’s description
- Take advantage of great returns on our term deposits.
- Interest calculated
- daily
Three Month Term Deposit: eligibility, conditions and features
- Eligibility
- residency: Individuals must be citizens or permanent residents of Australia.
- Conditions
- opening balance 1000.00; min balance 1000.00
- Features
- digital banking; other — No account keeping fee; notifications — We'll send you a written renewal notice before your deposit matures.; other — eStatements available; notifications — Receive notifications of maturity via SMS and email; other — If you want to withdraw your Term Deposit before it matures a reduced rate of interest will apply in these circumstances.
- The bank’s description
- Take advantage of great returns on our term deposits.
- Interest calculated
- daily
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.
Rate historyevery sweep day since 26 Aug 2026 · 46 days · 3 terms
3mo 3.60% today
26 Aug 202610 Oct 2026
6mo 5.20% today
26 Aug 202610 Oct 2026
1yr 5.30% today
26 Aug 202610 Oct 2026
Each line is the best retail rate Geelong 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 Geelong Bank sitsagainst the 77 banks ranked today
1yr: 22 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 16 more on the leaderboard
6mo: 9 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 3 more on the leaderboard
Timeline1 rate change since 25 Sep 2026 · ▲1 ▼0 · 1 event
| Date | Term | From → to | Δ |
|---|---|---|---|
| 7 Oct 2026 | 1yr | 5.25 → 5.30 | ▲ +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. | |
Questions about these rates
What is Geelong Bank’s best term deposit rate today?
On 10 Oct 2026, the best retail term deposit rate Geelong Bank publishes in its Consumer Data Right feed is 5.30% for 12 months (Twelve Month Term Deposit). That is joint #31 of the 77 Australian banks ranked by best rate today.
What is Geelong Bank’s 12-month term deposit rate?
5.30% as read on 10 Oct 2026, 0.05 points above the market median of 5.25%, and joint #23 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 Geelong Bank?
The lowest minimum Geelong Bank states in its feed is $500 (Three Month Term Deposit, 3-month). Check the product disclosure statement for balance tiers.
When did Geelong Bank last change a term deposit rate?
The most recent change we read was on 7 Oct 2026: the 12-month rate moved from 5.25% to 5.30%. We have read 1 change at Geelong Bank since 25 Sep 2026.
Are deposits with Geelong Bank guaranteed?
Geelong 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 Geelong 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 Geelong Bank” below; rates are as read on 10 Oct 2026.
About Geelong Bank
- Website
- geelongbank.com.au
- Consumer Data Right feed
- https://online.geelongbank.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 Geelong 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.
Rates read 10 Oct 2026.
Savings accountshighinterestsavingsaccounts.org
Geelong Bank 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.