GMCU term deposit rates
6 terms published on 10 Oct 2026, best 5.25% for 8 months, from GMCU’s own Consumer Data Right feed. Registered as gmcu.
GMCU at a glance
Today’s rates6 terms · read 10 Oct 2026
| Term | Rate | Rank | vs median | vs best | Last change | This rate | Min. deposit | Product |
|---|---|---|---|---|---|---|---|---|
| 5mo | 3.60% | #34 of 50 | −0.70 | −1.60 | — | same on every day read since 26 Aug 2026 | $5,000 | Fixed Term Deposit - 3 to 5 months |
| 6mo | 5.15% | joint #20 of 73 | +0.15 | −0.30 | ▲ +0.25 6 Oct | in effect since 6 Oct 2026 | $5,000 | Monthly Income Term Deposit - 6 months |
| 8mo | 5.25%market best | joint #1 of 39 | +0.85 | best | ▲ +0.25 7 Oct | in effect since 7 Oct 2026 | $5,000 | Fixed Term Deposit - 6 to 8 months |
| 10mo | 3.70% | joint #29 of 40 | −0.30 | −1.65 | — | same on every day read since 26 Aug 2026 | $5,000 | Fixed Term Deposit - 9 to 10 months |
| 1yr | 5.15% | joint #55 of 75 | −0.10 | −0.45 | ▲ +0.25 6 Oct | in effect since 6 Oct 2026 | $5,000 | Fixed Term Deposit - 12 months |
| 2yr | 4.90% | joint #29 of 67 | +0.20 | −0.65 | ▲ +0.25 6 Oct | in effect since 6 Oct 2026 | $5,000 | Fixed Term Deposit - 24 months |
“Rank”, “vs median” and “vs best” compare GMCU 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 GMCU publishes about its products8 term deposit products · as published 10 Oct 2026
| Product | Interest paid | Min. deposit | Max. deposit | Fixed-rate terms | Links |
|---|---|---|---|---|---|
| Monthly Income Term Deposit - 24 months | monthly | $3,000 | $1,000,000 | 1 | product page · terms · fees · eligibility |
| Monthly Income Term Deposit - 12 Months | monthly | $3,000 | $1,000,000 | 1 | product page · terms · fees · eligibility |
| Monthly Income Term Deposit - 6 months | monthly | $100 | $1,000,000 | 1 | product page · terms · fees · eligibility |
| Fixed Term Deposit - 24 months | yearly | $100 | $1,000,000 | 1 | product page · terms · fees · eligibility |
| Fixed Term Deposit - 12 months | at maturity | $100 | $1,000,000 | 1 | product page · terms · fees · eligibility |
| Fixed Term Deposit - 6 to 8 months | at maturity | $100 | $2,000,000 | 1 | product page · terms · fees · eligibility |
| Fixed Term Deposit - 3 to 5 months | at maturity | $100 | $3,000,000 | 1 | product page · terms · fees · eligibility |
| Fixed Term Deposit - 9 to 10 months | at maturity | $100 | $1,000,000 | 1 | product page · terms · fees · eligibility |
Monthly Income Term Deposit - 24 months: eligibility, conditions and features
- Eligibility
- individuals; You must become a member. Visit our website for more details.
- Conditions
- opening balance 3000.00; min balance 3000.00
- Features
- other — If you withdraw all or part of your deposit before maturity, the amount you withdraw early will be subject to a reduced return.; other — We offer terms of 6 months, 12 months or 24 months.; digital banking — Enquiry access only
- The bank’s description
- a 24 month, monthly income term deposit available to invest your money and earn a fixed rate of interest. Interest will be paid monthly into a gmcu account
- Interest calculated
- daily
Monthly Income Term Deposit - 12 Months: eligibility, conditions and features
- Eligibility
- individuals; You must become a member. Visit our website for more details.
- Conditions
- opening balance 3000.00; min balance 3000.00
- Features
- other — If you withdraw all or part of your deposit before maturity, the amount you withdraw early will be subject to a reduced return.; digital banking — Enquiry access only.; other — We offer terms of 6 months, 12 months or 24 months.
- The bank’s description
- a 12 month, monthly income term deposit available to invest your money and earn a fixed rate of interest. Interest is paid monthly into a gmcu account.
- Interest calculated
- daily
Monthly Income Term Deposit - 6 months: eligibility, conditions and features
- Eligibility
- individuals; You must become a member. Visit our website for more details.
- Conditions
- opening balance 3000.00; min balance 3000.00
- Features
- other — If you withdraw all or part of your deposit before maturity, the amount you withdraw early will be subject to a reduced return.; digital banking — Enquiry access only.; other — We offer terms of 6 months, 12 months or 24 months.
- The bank’s description
- a 6 month, monthly income term deposit available to invest your money and earn a fixed rate of interest. Interest is paid monthly into a gmcu account
- Interest calculated
- daily
Fixed Term Deposit - 24 months: eligibility, conditions and features
- Eligibility
- individuals; You must become a member. Visit our website for more details.
- Conditions
- opening balance 100.00; min balance 100.00
- Features
- digital banking — Enquiry access only; other — If you withdraw all or part of your deposit before maturity, the amount you withdraw early will be subject to a reduced return.; other — Minimum term of three months, to a maximum of 24 months.
- The bank’s description
- a 24 month term deposit available to invest your money and earn a fixed rate of interest
- Interest calculated
- daily
Fixed Term Deposit - 12 months: eligibility, conditions and features
- Eligibility
- individuals; You must become a member. Visit our website for more details.
- Conditions
- opening balance 100.00; min balance 100.00
- Features
- digital banking — Enquiry access only; other — If you withdraw all or part of your deposit before maturity, the amount you withdraw early will be subject to a reduced return.; other — Minimum term of three months, to a maximum of 24 months.
- The bank’s description
- A 12 month term deposit available to invest your money and earn a fixed rate of interest
- Interest calculated
- daily
Fixed Term Deposit - 6 to 8 months: eligibility, conditions and features
- Eligibility
- individuals; You must become a member. Visit our website for more details.
- Conditions
- opening balance 100.00; min balance 100.00
- Features
- digital banking — Enquiry access only.; other — If you withdraw all or part of your deposit before maturity, the amount you withdraw early will be subject to a reduced return.; other — Minimum term of three months, to a maximum of 24 months.
- The bank’s description
- A 6-8 month term deposit available to invest your money and earn a fixed term rate of interest.
- Interest calculated
- daily
Fixed Term Deposit - 3 to 5 months: eligibility, conditions and features
- Eligibility
- individuals; You must become a member. Visit our website for more details.
- Conditions
- opening balance 100.00; min balance 100.00
- Features
- digital banking — Enquiry access only.; other — Minimum term of three months, to a maximum of 24 months.; other — If you withdraw all or part of your deposit before maturity, the amount you withdraw early will be subject to a reduced return.
- The bank’s description
- a 3-5 month term deposit available to invest your money and earn a fixed rate of interest.
- Interest calculated
- daily
Fixed Term Deposit - 9 to 10 months: eligibility, conditions and features
- Eligibility
- individuals; You must become a member. Visit our website for more details.
- Conditions
- opening balance 100.00; min balance 100.00
- Features
- digital banking — Enquiry access only.; other — If you withdraw all or part of your deposit before maturity, the amount you withdraw early will be subject to a reduced return.; other — Minimum term of three months, to a maximum of 24 months.
- The bank’s description
- A 9-10 month term deposit available to invest your money and earn a fixed rate of interest.
- 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 · 6 terms
6mo 5.15% today
26 Aug 202610 Oct 2026
8mo 5.25% today
26 Aug 202610 Oct 2026
10mo 3.70% today
26 Aug 202610 Oct 2026
1yr 5.15% today
26 Aug 202610 Oct 2026
2yr 4.90% today
26 Aug 202610 Oct 2026
All 6 terms — the other 1
5mo 3.60% today
26 Aug 202610 Oct 2026
Each line is the best retail rate GMCU 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 GMCU sitsagainst the 77 banks ranked today
1yr: 54 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 48 more on the leaderboard
6mo: 19 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 13 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 |
| GMCU | 5.25% | 8mo | 5.15% | 5.15% | #46 |
Timeline4 rate changes since 26 Aug 2026 · ▲4 ▼0 · 1 event
| Date | Term | From → to | Δ |
|---|---|---|---|
| 7 Oct 2026 | 8mo | 5.00 → 5.25 | ▲ +0.25 |
| 6 Oct 2026 | 6mo | 4.90 → 5.15 | ▲ +0.25 |
| 6 Oct 2026 | 1yr | 4.90 → 5.15 | ▲ +0.25 |
| 6 Oct 2026 | 2yr | 4.65 → 4.90 | ▲ +0.25 |
| 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 GMCU’s best term deposit rate today?
On 10 Oct 2026, the best retail term deposit rate GMCU publishes in its Consumer Data Right feed is 5.25% for 8 months (Fixed Term Deposit - 6 to 8 months). That is joint #46 of the 77 Australian banks ranked by best rate today.
What is GMCU’s 12-month term deposit rate?
5.15% as read on 10 Oct 2026, 0.10 points below the market median of 5.25%, and joint #55 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 GMCU?
The lowest minimum GMCU states in its feed is $5,000 (Fixed Term Deposit - 3 to 5 months, 5-month). Check the product disclosure statement for balance tiers.
When did GMCU last change a term deposit rate?
The most recent change we read was on 7 Oct 2026: the 8-month rate moved from 5.00% to 5.25%. We have read 4 changes at GMCU since 26 Aug 2026.
Are deposits with GMCU guaranteed?
GMCU 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 GMCU 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 GMCU” below; rates are as read on 10 Oct 2026.
About GMCU
- Registered as
- gmcu
- Also known as
- Goulburn Murray Credit Union
- Type
- Customer-owned bank (mutual)
- Website
- www.gmcu.com.au
- Consumer Data Right feed
- https://secure.gmcu.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 GMCU 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
GMCU 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.