Suncorp Bank term deposit rates
17 terms published on 10 Oct 2026, best 5.50% for 24 months, from Suncorp Bank’s own Consumer Data Right feed.
Today’s rates >_Interest on a deposit →Suncorp Bank website →
Suncorp Bank at a glance
Today’s rates17 terms · read 10 Oct 2026
| Term | Rate | Rank | vs median | vs best | Last change | This rate | Min. deposit | Product |
|---|---|---|---|---|---|---|---|---|
| 1mo | 1.35% | #25 of 33 | −0.15 | −2.75 | — | same on every day read since 26 Aug 2026 | $1,000,000 | Term Deposit |
| 2mo | 2.05% | #12 of 36 | +0.30 | −2.40 | — | same on every day read since 26 Aug 2026 | $1,000,000 | Term Deposit |
| 3mo | 5.05% | joint #7 of 68 | +0.50 | −0.20 | ▲ +0.05 2 Oct | in effect since 2 Oct 2026 | $5,000 | Term Deposit |
| 4mo | 4.05% | #35 of 49 | −0.60 | −1.35 | — | same on every day read since 26 Aug 2026 | $1,000,000 | Term Deposit |
| 5mo | 3.80% | joint #30 of 50 | −0.50 | −1.40 | — | same on every day read since 26 Aug 2026 | $1,000,000 | Term Deposit |
| 6mo | 4.80% | joint #49 of 73 | −0.20 | −0.65 | ▼ −0.10 2 Oct | in effect since 2 Oct 2026 | $5,000 | Term Deposit |
| 7mo | 5.20% | joint #6 of 43 | +0.25 | −0.25 | ▲ +1.10 2 Oct | in effect since 2 Oct 2026 | $5,000 | Term Deposit |
| 8mo | 3.80% | joint #27 of 39 | −0.60 | −1.45 | — | same on every day read since 26 Aug 2026 | $1,000,000 | Term Deposit |
| 9mo | 5.30% | joint #5 of 60 | +0.50 | −0.10 | ▲ +0.10 2 Oct | in effect since 2 Oct 2026 | $5,000 | Term Deposit |
| 10mo | 3.80% | joint #24 of 40 | −0.20 | −1.55 | — | same on every day read since 26 Aug 2026 | $1,000,000 | Term Deposit |
| 11mo | 4.20% | #22 of 45 | +0.20 | −1.25 | — | same on every day read since 26 Aug 2026 | $1,000,000 | Term Deposit |
| 1yr | 5.40% | joint #12 of 75 | +0.15 | −0.20 | ▲ +0.10 2 Oct | in effect since 2 Oct 2026 | $5,000 | Term Deposit |
| 18mo | 5.15% | #4 of 25 | +0.85 | −0.35 | — | same on every day read since 26 Aug 2026 | $5,000 | Term Deposit |
| 2yr | 5.50% | #2 of 67 | +0.80 | −0.05 | ▲ +0.50 2 Oct | in effect since 2 Oct 2026 | $5,000 | Term Deposit |
| 3yr | 5.00% | joint #10 of 51 | +0.70 | −0.45 | — | same on every day read since 26 Aug 2026 | $5,000 | Term Deposit |
| 4yr | 5.00% | joint #8 of 32 | +1.00 | −0.50 | — | same on every day read since 26 Aug 2026 | $5,000 | Term Deposit |
| 5yr | 5.00% | joint #8 of 31 | +1.00 | −0.50 | — | same on every day read since 26 Aug 2026 | $5,000 | Term Deposit |
“Rank”, “vs median” and “vs best” compare Suncorp 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 Suncorp Bank publishes about its products2 term deposit products · as published 10 Oct 2026
| Product | Interest paid | Min. deposit | Max. deposit | Fixed-rate terms | Links |
|---|---|---|---|---|---|
| Term Deposit | every two months (at maturity), quarterly (at maturity), monthly (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 | $2,000,000 | 17 | product page · terms · fees · eligibility |
Term Deposit: eligibility, conditions and features
- Eligibility
- residency: Account owners must be residents of Australia; minimum age: 11 — At Least one personal account owner must be 18 years or older
- Conditions
- opening balance 5000.00 — Minimum balance of $5,000; min balance 1000.00 — Term Deposits from $1,000 are available only where the Term Deposit is used as security.; min balance 5000.00 — Minimum balance of $5,000; max balance 2000001.00 — Negotiated Rates may be available for Term Deposits over $2 million as agreed by us
- Features
- other — Pay $0 monthly account keeping fees; other — Monthly interest payments are available on terms 2-60 months at 0.05% p.a. below carded rates for interest at maturity (terms 2-12m) or interest annually (terms greater than 12m).; other — If you want to withdraw your Term Deposit before maturity you need to provide at least 31 days' notice. You may incur an interest adjustment; other — Quarterly interest payments are available on terms 6-60 months at 0.05% p.a. below carded rates for interest at maturity (terms 6-12m) or interest annually (terms greater than 12m).; other — Semi-annual interest payments are available on terms 12-60 months at 0.05% p.a. below carded rates for interest at maturity (12m) or interest annually (terms greater than 12m).; digital banking
- The bank’s description
- Enjoy a guaranteed return on your money when you invest for a nominated fixed period
- Interest calculated
- daily
Also published, not ranked here: Farm Management Term Deposit 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.
Rate historyevery sweep day since 26 Aug 2026 · 46 days · 17 terms
3mo 5.05% today
26 Aug 202610 Oct 2026
6mo 4.80% today
26 Aug 202610 Oct 2026
1yr 5.40% today
26 Aug 202610 Oct 2026
2yr 5.50% today
26 Aug 202610 Oct 2026
3yr 5.00% today
26 Aug 202610 Oct 2026
5yr 5.00% today
26 Aug 202610 Oct 2026
All 17 terms — the other 11
1mo 1.35% today
26 Aug 202610 Oct 2026
2mo 2.05% today
26 Aug 202610 Oct 2026
4mo 4.05% today
26 Aug 202610 Oct 2026
5mo 3.80% today
26 Aug 202610 Oct 2026
7mo 5.20% today
26 Aug 202610 Oct 2026
8mo 3.80% today
26 Aug 202610 Oct 2026
9mo 5.30% today
26 Aug 202610 Oct 2026
10mo 3.80% today
26 Aug 202610 Oct 2026
11mo 4.20% today
26 Aug 202610 Oct 2026
18mo 5.15% today
26 Aug 202610 Oct 2026
4yr 5.00% today
26 Aug 202610 Oct 2026
Each line is the best retail rate Suncorp 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 Suncorp Bank sitsagainst the 77 banks ranked today
1yr: 11 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 5 more on the leaderboard
6mo: 48 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 42 more on the leaderboard
The Big 4 and their brands9 banks · top 10 by best rate
| Bank | Best | Term | 6 m | 12 m | Market rank |
|---|---|---|---|---|---|
| Suncorp Bank | 5.50% | 2yr | 4.80% | 5.40% | #5 |
 ANZ | 5.30% | 1yr | 3.50% | 5.30% | #31 |
 Bankwest | 5.30% | 1yr | 4.40% | 5.30% | #31 |
| CommBank | 5.30% | 1yr | 5.00% | 5.30% | #31 |
| NAB | 5.30% | 1yr | 3.50% | 5.30% | #31 |
 Bank of Melbourne | 5.20% | 1yr | 3.40% | 5.20% | #53 |
 BankSA | 5.20% | 1yr | 3.40% | 5.20% | #53 |
 St.George | 5.20% | 1yr | 3.40% | 5.20% | #53 |
 Westpac | 5.20% | 1yr | 3.40% | 5.20% | #53 |
Timeline7 rate changes since 26 Aug 2026 · ▲5 ▼2 · 1 event
| Date | Term | From → to | Δ |
|---|---|---|---|
| 2 Oct 2026 | 7mo | 4.10 → 5.20 | ▲ +1.10 |
| 2 Oct 2026 | 2yr | 5.00 → 5.50 | ▲ +0.50 |
| 2 Oct 2026 | 6mo | 4.90 → 4.80 | ▼ −0.10 |
| 2 Oct 2026 | 9mo | 5.20 → 5.30 | ▲ +0.10 |
| 2 Oct 2026 | 1yr | 5.30 → 5.40 | ▲ +0.10 |
| 2 Oct 2026 | 3mo | 5.00 → 5.05 | ▲ +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. | |
| 11 Sep 2026 | 1yr | 5.35 → 5.30 | ▼ −0.05 |
Questions about these rates
What is Suncorp Bank’s best term deposit rate today?
On 10 Oct 2026, the best retail term deposit rate Suncorp Bank publishes in its Consumer Data Right feed is 5.50% for 24 months (Term Deposit). That is joint #5 of the 77 Australian banks ranked by best rate today.
What is Suncorp Bank’s 12-month term deposit rate?
5.40% as read on 10 Oct 2026, 0.15 points above the market median of 5.25%, and joint #12 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 Suncorp Bank?
The lowest minimum Suncorp Bank states in its feed is $5,000 (Term Deposit, 3-month). Check the product disclosure statement for balance tiers.
When did Suncorp Bank last change a term deposit rate?
The most recent change we read was on 2 Oct 2026: the 7-month rate moved from 4.10% to 5.20%. We have read 7 changes at Suncorp Bank since 26 Aug 2026.
Are deposits with Suncorp Bank guaranteed?
Suncorp 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 Suncorp 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 Suncorp Bank” below; rates are as read on 10 Oct 2026.
About Suncorp Bank
- Also known as
- Suncorp
- Type
- A brand of a Big 4 bank
- Part of
- ANZ
- ASX code
- ANZ
- Website
- www.suncorpbank.com.au
- Consumer Data Right feed
- https://id-ob.suncorpbank.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 Suncorp 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 Suncorp 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.