Great Southern Bank term deposit rates
27 terms published on 10 Oct 2026, best 5.45% for 12 months, from Great Southern Bank’s own Consumer Data Right feed.
Today’s rates >_Interest on a deposit →Great Southern Bank website →
Great Southern Bank at a glance
Today’s rates27 terms · read 10 Oct 2026
| Term | Rate | Rank | vs median | vs best | Last change | This rate | Min. deposit | Product |
|---|---|---|---|---|---|---|---|---|
| 1mo | 3.50% | #4 of 33 | +2.00 | −0.60 | — | same on every day read since 26 Aug 2026 | $5,000 | Standard Rate Term Deposit 1-12 months |
| 2mo | 4.00% | #3 of 36 | +2.25 | −0.45 | — | same on every day read since 26 Aug 2026 | $5,000 | Standard Rate Term Deposit 1-12 months |
| 3mo | 5.10% | joint #2 of 68 | +0.55 | −0.15 | ▲ +0.20 8 Oct | in effect since 8 Oct 2026 | $5,000 | Standard Rate Term Deposit 1-12 months |
| 4mo | 4.40% | joint #30 of 49 | −0.25 | −1.00 | — | same on every day read since 26 Aug 2026 | $5,000 | Standard Rate Term Deposit 1-12 months |
| 5mo | 4.40% | #17 of 50 | +0.10 | −0.80 | — | same on every day read since 26 Aug 2026 | $5,000 | Standard Rate Term Deposit 1-12 months |
| 6mo | 4.55% | #52 of 73 | −0.45 | −0.90 | — | same on every day read since 26 Aug 2026 | $5,000 | Standard Rate Term Deposit 1-12 months |
| 7mo | 5.25% | joint #3 of 43 | +0.30 | −0.20 | ▲ +0.25 8 Oct | in effect since 8 Oct 2026 | $5,000 | Standard Rate Term Deposit 1-12 months |
| 8mo | 3.95% | #25 of 39 | −0.45 | −1.30 | — | same on every day read since 26 Aug 2026 | $5,000 | Standard Rate Term Deposit 1-12 months |
| 9mo | 4.65% | #37 of 60 | −0.15 | −0.75 | — | same on every day read since 26 Aug 2026 | $5,000 | Standard Rate Term Deposit 1-12 months |
| 10mo | 3.15% | #39 of 40 | −0.85 | −2.20 | — | same on every day read since 26 Aug 2026 | $5,000 | Standard Rate Term Deposit 1-12 months |
| 11mo | 4.65% | #14 of 45 | +0.65 | −0.80 | — | same on every day read since 26 Aug 2026 | $5,000 | Standard Rate Term Deposit 1-12 months |
| 1yr | 5.45% | joint #9 of 75 | +0.20 | −0.15 | ▲ +0.25 8 Oct | in effect since 8 Oct 2026 | $5,000 | Platinum Plus Term Deposit 12 months |
| 13mo | 2.40% | #18 of 18 | −2.45 | −3.10 | — | same on every day read since 26 Aug 2026 | $5,000 | Platinum Plus Term Deposit 13-60 Months |
| 14mo | 2.40% | #5 of 5 | −1.15 | −2.60 | — | same on every day read since 26 Aug 2026 | $5,000 | Platinum Plus Term Deposit 13-60 Months |
| 15mo | 2.40% | #8 of 8 | −1.15 | −2.60 | — | same on every day read since 26 Aug 2026 | $5,000 | Platinum Plus Term Deposit 13-60 Months |
| 16mo | 2.40% | #4 of 4 | −1.15 | −2.60 | — | same on every day read since 26 Aug 2026 | $5,000 | Platinum Plus Term Deposit 13-60 Months |
| 17mo | 2.40% | #13 of 13 | −1.90 | −2.60 | — | same on every day read since 26 Aug 2026 | $5,000 | Platinum Plus Term Deposit 13-60 Months |
| 18mo | 3.30% | #24 of 25 | −1.00 | −2.20 | — | same on every day read since 26 Aug 2026 | $5,000 | Platinum Plus Term Deposit 13-60 Months |
| 19mo | 2.40% | #4 of 4 | −1.15 | −2.60 | — | same on every day read since 26 Aug 2026 | $5,000 | Platinum Plus Term Deposit 13-60 Months |
| 20mo | 2.40% | #4 of 4 | −1.15 | −2.60 | — | same on every day read since 26 Aug 2026 | $5,000 | Platinum Plus Term Deposit 13-60 Months |
| 21mo | 2.40% | #4 of 4 | −1.15 | −2.60 | — | same on every day read since 26 Aug 2026 | $5,000 | Platinum Plus Term Deposit 13-60 Months |
| 22mo | 2.40% | #4 of 4 | −1.15 | −2.60 | — | same on every day read since 26 Aug 2026 | $5,000 | Platinum Plus Term Deposit 13-60 Months |
| 23mo | 2.40% | #17 of 17 | −1.90 | −2.85 | — | same on every day read since 26 Aug 2026 | $5,000 | Platinum Plus Term Deposit 13-60 Months |
| 2yr | 4.35% | #46 of 67 | −0.35 | −1.20 | — | same on every day read since 26 Aug 2026 | $5,000 | Platinum Plus Term Deposit 13-60 Months |
| 3yr | 5.10% | joint #8 of 51 | +0.80 | −0.35 | ▼ −0.15 28 Aug | in effect since 28 Aug 2026 | $5,000 | Platinum Plus Term Deposit 13-60 Months |
| 4yr | 5.10% | joint #6 of 32 | +1.10 | −0.40 | ▼ −0.15 28 Aug | in effect since 28 Aug 2026 | $5,000 | Platinum Plus Term Deposit 13-60 Months |
| 5yr | 5.45% | #2 of 31 | +1.45 | −0.05 | ▲ +0.20 8 Oct | in effect since 8 Oct 2026 | $5,000 | Platinum Plus Term Deposit 13-60 Months |
“Rank”, “vs median” and “vs best” compare Great Southern 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 Great Southern Bank publishes about its products8 term deposit products · as published 10 Oct 2026
| Product | Interest paid | Min. deposit | Max. deposit | Fixed-rate terms | Links |
|---|---|---|---|---|---|
| Standard Rate Term Deposit 1-12 months | monthly (at maturity), every two months (at maturity), quarterly (at maturity), every 4 months (at maturity), every 5 months (at maturity), half-yearly (at maturity), every 7 months (at maturity), every 8 months (at maturity) | $5,000 | not stated | 12 | product page · terms |
| Platinum Plus Term Deposit 12 months | yearly (at maturity) | $5,000 | not stated | 1 | product page · terms |
| Standard Rate Term Deposit 13-60 months (A) | yearly (at maturity) | $5,000 | not stated | 15 | product page · terms |
| Platinum Plus Term Deposit 13-60 Months | yearly (at maturity) | $5,000 | not stated | 15 | product page · terms |
| Standard Rate Term Deposit 2-12 months | monthly | $5,000 | not stated | 11 | product page · terms |
| Platinum Plus Term Deposit 12 months (M) | monthly | $5,000 | not stated | 1 | product page · terms |
| Standard Rate Term Deposit 13-60 months (M) | monthly | $5,000 | not stated | 15 | product page · terms |
| Platinum Plus Term Deposit 13-60 Months (M) | monthly | $5,000 | not stated | 15 | product page · terms |
Standard Rate Term Deposit 1-12 months: eligibility, conditions and features
- Eligibility
- residency: You must be an Australian citizen or Australian resident to hold an account wit…
- Conditions
- min balance 5000.00 — Minimum Investment $5,000
- Features
- other — Guaranteed rate of return. You’ll know exactly how much you’ll earn on your investment before your term begins.; other — Choose your own term. Options range from one month to five years.; digital banking — Manage your term deposit online. You’ll love the convenience and security of managing your term deposit online.
- The bank’s description
- Term Deposit between 1 to 12 months with interest paid at maturity.
- Interest calculated
- daily
Platinum Plus Term Deposit 12 months: eligibility, conditions and features
- Eligibility
- minimum age: 55 — To receive the Platinum Plus Club Member rates, the account owner of the term deposit must be either an individual aged 55 years or over, or a Super Fund/Trust, where the Trustee is an individual age…; residency: You must be an Australian citizen or Australian resident to hold an account wit…
- Conditions
- min balance 5000.00 — Minimum Investment $5,000
- Features
- other — Guaranteed rate of return. You’ll know exactly how much you’ll earn on your investment before your term begins.; other — Choose your own term. Options range from one month to five years.; digital banking — Manage your term deposit online. You’ll love the convenience and security of managing your term deposit online.
- The bank’s description
- Term Deposit (for customers aged 55 or over) 12 months with interest paid at maturity.
- Interest calculated
- daily
Standard Rate Term Deposit 13-60 months (A): eligibility, conditions and features
- Eligibility
- residency: You must be an Australian citizen or Australian resident to hold an account wit…
- Conditions
- min balance 5000.00 — Minimum Investment $5,000
- Features
- other — Guaranteed rate of return. You’ll know exactly how much you’ll earn on your investment before your term begins.; other — Choose your own term. Options range from one month to five years.; digital banking — Manage your term deposit online. You’ll love the convenience and security of managing your term deposit online.
- The bank’s description
- Term Deposit between 13 to 60 months with interest paid annually.
- Interest calculated
- daily
Platinum Plus Term Deposit 13-60 Months: eligibility, conditions and features
- Eligibility
- minimum age: 55 — To receive the Platinum Plus Club Member rates, the account owner of the term deposit must be either an individual aged 55 years or over, or a Super Fund/Trust, where the Trustee is an individual age…; residency: You must be an Australian citizen or Australian resident to hold an account wit…
- Conditions
- min balance 5000.00 — Minimum Investment $5,000
- Features
- other — Guaranteed rate of return. You’ll know exactly how much you’ll earn on your investment before your term begins.; other — Choose your own term. Options range from one month to five years.; digital banking — Manage your term deposit online. You’ll love the convenience and security of managing your term deposit online.
- The bank’s description
- Term Deposit (for customers aged 55 or over) between 13-60 months with interest paid annually.
- Interest calculated
- daily
Standard Rate Term Deposit 2-12 months: eligibility, conditions and features
- Eligibility
- residency: You must be an Australian citizen or Australian resident to hold an account wit…
- Conditions
- min balance 5000.00 — Minimum Investment $5,000
- Features
- other — Guaranteed rate of return. You’ll know exactly how much you’ll earn on your investment before your term begins.; other — Choose your own term. Options range from one month to five years.; digital banking — Manage your term deposit online. You’ll love the convenience and security of managing your term deposit online.
- The bank’s description
- Term Deposit between 2 to 12 months with interest paid monthly.
- Interest calculated
- daily
Platinum Plus Term Deposit 12 months (M): eligibility, conditions and features
- Eligibility
- minimum age: 55 — To receive the Platinum Plus Club Member rates, the account owner of the term deposit must be either an individual aged 55 years or over, or a Super Fund/Trust, where the Trustee is an individual age…; residency: You must be an Australian citizen or Australian resident to hold an account wit…
- Conditions
- min balance 5000.00 — Minimum Investment $5,000
- Features
- other — Guaranteed rate of return. You’ll know exactly how much you’ll earn on your investment before your term begins.; other — Choose your own term. Options range from one month to five years.; digital banking — Manage your term deposit online. You’ll love the convenience and security of managing your term deposit online.
- The bank’s description
- Term Deposit (for customers aged 55 or over) 12 months with interest paid monthly.
- Interest calculated
- daily
Standard Rate Term Deposit 13-60 months (M): eligibility, conditions and features
- Eligibility
- residency: You must be an Australian citizen or Australian resident to hold an account wit…
- Conditions
- min balance 5000.00 — Minimum Investment $5,000
- Features
- other — Guaranteed rate of return. You’ll know exactly how much you’ll earn on your investment before your term begins.; other — Choose your own term. Options range from one month to five years.; digital banking — Manage your term deposit online. You’ll love the convenience and security of managing your term deposit online.
- The bank’s description
- Term Deposit between 13 to 60 months with interest paid monthly.
- Interest calculated
- daily
Platinum Plus Term Deposit 13-60 Months (M): eligibility, conditions and features
- Eligibility
- minimum age: 55 — To receive the Platinum Plus Club Member rates, the account owner of the term deposit must be either an individual aged 55 years or over, or a Super Fund/Trust, where the Trustee is an individual age…; residency: You must be an Australian citizen or Australian resident to hold an account wit…
- Conditions
- min balance 5000.00 — Minimum Investment $5,000
- Features
- other — Guaranteed rate of return. You’ll know exactly how much you’ll earn on your investment before your term begins.; other — Choose your own term. Options range from one month to five years.; digital banking — Manage your term deposit online. You’ll love the convenience and security of managing your term deposit online.
- The bank’s description
- Term Deposit (for customers aged 55 or over) between 13-60 months with interest paid monthly.
- 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 · 27 terms
3mo 5.10% today
26 Aug 202610 Oct 2026
6mo 4.55% today
26 Aug 202610 Oct 2026
1yr 5.45% today
26 Aug 202610 Oct 2026
2yr 4.35% today
26 Aug 202610 Oct 2026
3yr 5.10% today
26 Aug 202610 Oct 2026
5yr 5.45% today
26 Aug 202610 Oct 2026
All 27 terms — the other 21
1mo 3.50% today
26 Aug 202610 Oct 2026
2mo 4.00% today
26 Aug 202610 Oct 2026
4mo 4.40% today
26 Aug 202610 Oct 2026
5mo 4.40% today
26 Aug 202610 Oct 2026
7mo 5.25% today
26 Aug 202610 Oct 2026
8mo 3.95% today
26 Aug 202610 Oct 2026
9mo 4.65% today
26 Aug 202610 Oct 2026
10mo 3.15% today
26 Aug 202610 Oct 2026
11mo 4.65% today
26 Aug 202610 Oct 2026
13mo 2.40% today
26 Aug 202610 Oct 2026
14mo 2.40% today
26 Aug 202610 Oct 2026
15mo 2.40% today
26 Aug 202610 Oct 2026
16mo 2.40% today
26 Aug 202610 Oct 2026
17mo 2.40% today
26 Aug 202610 Oct 2026
18mo 3.30% today
26 Aug 202610 Oct 2026
19mo 2.40% today
26 Aug 202610 Oct 2026
20mo 2.40% today
26 Aug 202610 Oct 2026
21mo 2.40% today
26 Aug 202610 Oct 2026
22mo 2.40% today
26 Aug 202610 Oct 2026
23mo 2.40% today
26 Aug 202610 Oct 2026
4yr 5.10% today
26 Aug 202610 Oct 2026
Each line is the best retail rate Great Southern 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 Great Southern Bank sitsagainst the 77 banks ranked today
1yr: 8 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 2 more on the leaderboard
6mo: 51 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 45 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 |
Timeline10 rate changes since 26 Aug 2026 · ▲4 ▼6 · 1 event
| Date | Term | From → to | Δ |
|---|---|---|---|
| 8 Oct 2026 | 7mo | 5.00 → 5.25 | ▲ +0.25 |
| 8 Oct 2026 | 1yr | 5.20 → 5.45 | ▲ +0.25 |
| 8 Oct 2026 | 3mo | 4.90 → 5.10 | ▲ +0.20 |
| 8 Oct 2026 | 5yr | 5.25 → 5.45 | ▲ +0.20 |
| 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. | |
| 28 Aug 2026 | 7mo | 5.20 → 5.00 | ▼ −0.20 |
| 28 Aug 2026 | 1yr | 5.35 → 5.20 | ▼ −0.15 |
| 28 Aug 2026 | 3yr | 5.25 → 5.10 | ▼ −0.15 |
| 28 Aug 2026 | 4yr | 5.25 → 5.10 | ▼ −0.15 |
| 28 Aug 2026 | 3mo | 5.00 → 4.90 | ▼ −0.10 |
| 28 Aug 2026 | 5yr | 5.35 → 5.25 | ▼ −0.10 |
Questions about these rates
What is Great Southern Bank’s best term deposit rate today?
On 10 Oct 2026, the best retail term deposit rate Great Southern Bank publishes in its Consumer Data Right feed is 5.45% for 12 months (Platinum Plus Term Deposit 12 months). That is joint #11 of the 77 Australian banks ranked by best rate today.
What is Great Southern Bank’s 12-month term deposit rate?
5.45% as read on 10 Oct 2026, 0.20 points above the market median of 5.25%, and joint #9 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 Great Southern Bank?
The lowest minimum Great Southern Bank states in its feed is $5,000 (Standard Rate Term Deposit 1-12 months, 1-month). Check the product disclosure statement for balance tiers.
When did Great Southern Bank last change a term deposit rate?
The most recent change we read was on 8 Oct 2026: the 7-month rate moved from 5.00% to 5.25%. We have read 10 changes at Great Southern Bank since 26 Aug 2026.
Are deposits with Great Southern Bank guaranteed?
Great Southern 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 Great Southern 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 Great Southern Bank” below; rates are as read on 10 Oct 2026.
About Great Southern Bank
- Also known as
- CUA
- Type
- Customer-owned bank (mutual)
- Website
- www.greatsouthernbank.com.au
- Consumer Data Right feed
- https://api.open-banking.greatsouthernbank.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 Great Southern 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 Great Southern 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.