Unity Bank term deposit rates
19 terms published on 10 Oct 2026, best 5.55% for 24 months, from Unity Bank’s own Consumer Data Right feed.
Unity Bank at a glance
Today’s rates19 terms · read 10 Oct 2026
| Term | Rate | Rank | vs median | vs best | Last change | This rate | Min. deposit | Product |
|---|---|---|---|---|---|---|---|---|
| 1mo | 3.00% | #5 of 33 | +1.50 | −1.10 | ▲ +0.50 8 Oct | in effect since 8 Oct 2026 | $1,000 | Term Deposit |
| 2mo | 3.25% | joint #4 of 36 | +1.50 | −1.20 | ▲ +0.25 8 Oct | in effect since 8 Oct 2026 | $1,000 | Term Deposit |
| 3mo | 5.10% | joint #2 of 68 | +0.55 | −0.15 | ▲ +0.15 8 Oct | in effect since 8 Oct 2026 | $1,000 | Term Deposit |
| 4mo | 4.80% | joint #22 of 49 | +0.15 | −0.60 | ▲ +0.75 8 Oct | in effect since 8 Oct 2026 | $1,000 | Term Deposit |
| 5mo | 4.80% | joint #10 of 50 | +0.50 | −0.40 | ▲ +0.75 8 Oct | in effect since 8 Oct 2026 | $1,000 | Term Deposit |
| 6mo | 5.35% | #3 of 73 | +0.35 | −0.10 | ▲ +0.20 8 Oct | in effect since 8 Oct 2026 | $1,000 | Term Deposit |
| 7mo | 5.20% | joint #6 of 43 | +0.25 | −0.25 | ▲ +1.15 8 Oct | in effect since 8 Oct 2026 | $1,000 | Term Deposit |
| 8mo | 5.20% | #4 of 39 | +0.80 | −0.05 | ▲ +1.15 8 Oct | in effect since 8 Oct 2026 | $1,000 | Term Deposit |
| 9mo | 5.35% | #4 of 60 | +0.55 | −0.05 | ▲ +0.20 8 Oct | in effect since 8 Oct 2026 | $1,000 | Term Deposit |
| 10mo | 5.25% | joint #2 of 40 | +1.25 | −0.10 | ▲ +1.00 8 Oct | in effect since 8 Oct 2026 | $1,000 | Term Deposit |
| 11mo | 5.25% | joint #5 of 45 | +1.25 | −0.20 | ▲ +1.00 8 Oct | in effect since 8 Oct 2026 | $1,000 | Term Deposit |
| 1yr | 5.50% | joint #4 of 75 | +0.25 | −0.10 | ▲ +0.20 8 Oct | in effect since 8 Oct 2026 | $1,000 | Term Deposit |
| 13mo | 5.50%market best | #1 of 18 | +0.65 | best | ▲ +1.65 8 Oct | in effect since 8 Oct 2026 | $1,000 | Term Deposit |
| 18mo | 5.50%market best | #1 of 25 | +1.20 | best | ▲ +1.65 8 Oct | in effect since 8 Oct 2026 | $1,000 | Term Deposit |
| 2yr | 5.55%market best | #1 of 67 | +0.85 | best | — | same on every day read since 12 Sep 2026 | $1,000 | Term Deposit |
| 30mo | 5.55% | #1 of 6 | +2.35 | best | — | same on every day read since 12 Sep 2026 | $1,000 | Term Deposit |
| 3yr | 5.20% | joint #5 of 51 | +0.90 | −0.25 | ▲ +0.35 8 Oct | in effect since 8 Oct 2026 | $1,000 | Term Deposit |
| 4yr | 5.20% | #5 of 32 | +1.20 | −0.30 | ▲ +0.95 8 Oct | in effect since 8 Oct 2026 | $1,000 | Term Deposit |
| 5yr | 5.20% | #7 of 31 | +1.20 | −0.30 | ▲ +0.95 8 Oct | in effect since 8 Oct 2026 | $1,000 | Term Deposit |
“Rank”, “vs median” and “vs best” compare Unity 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 Unity Bank publishes about its products1 term deposit product · as published 10 Oct 2026
| Product | Interest paid | Min. deposit | Max. deposit | Fixed-rate terms | Links |
|---|---|---|---|---|---|
| Term Deposit | at maturity, every 01 months, yearly | $1,000 | $9,999,999 | 19 | product page · terms · fees · eligibility |
Term Deposit: eligibility, conditions and features
- Eligibility
- residency: PERMANENT RESIDENT — You must be an Australian citizen or permanent resident; individuals
- Conditions
- min balance 1000.00; opening balance 1000.00
- Features
- notifications — We'll send you a term deposit renewal notice 2 weeks before it matures, not only as a reminder but to also explain what you can do next.; other — Backed by the Government Deposit Guarantee for deposits up to $250,000; other — Automatically rollover your existing Term Deposit at the rate of interest relevant to the new term that you select, or we will re-invest the principal and interest in accordance with the account inst…; other — Early withdrawal may be allowed at the discretion of the Bank on 31 days' notice. Where funds are withdrawn from a term deposit account prior to maturity, a reduction to the interest rate will be app…; fraud protection — A range of security features and services provided, including fraud prevention technology and secure banking, to help keep your funds safe.
- The bank’s description
- With a Term Deposit your money is invested for a fixed period of time with a guaranteed rate of return. Term deposit rates vary depending on the frequency of interest payments and the length of time.
- 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 · 19 terms
3mo 5.10% today
26 Aug 202610 Oct 2026
6mo 5.35% today
26 Aug 202610 Oct 2026
1yr 5.50% today
26 Aug 202610 Oct 2026
2yr 5.55% today
26 Aug 202610 Oct 2026
3yr 5.20% today
26 Aug 202610 Oct 2026
5yr 5.20% today
26 Aug 202610 Oct 2026
All 19 terms — the other 13
1mo 3.00% today
26 Aug 202610 Oct 2026
2mo 3.25% today
26 Aug 202610 Oct 2026
4mo 4.80% today
26 Aug 202610 Oct 2026
5mo 4.80% today
26 Aug 202610 Oct 2026
7mo 5.20% today
26 Aug 202610 Oct 2026
8mo 5.20% today
26 Aug 202610 Oct 2026
9mo 5.35% today
26 Aug 202610 Oct 2026
10mo 5.25% today
26 Aug 202610 Oct 2026
11mo 5.25% today
26 Aug 202610 Oct 2026
13mo 5.50% today
26 Aug 202610 Oct 2026
18mo 5.50% today
26 Aug 202610 Oct 2026
30mo 5.55% today
26 Aug 202610 Oct 2026
4yr 5.20% today
26 Aug 202610 Oct 2026
Each line is the best retail rate Unity 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 Unity Bank sitsagainst the 77 banks ranked today
1yr: 3 banks ahead
- Community First Bank 5.60%
- Dnister Bank 5.55%
- Heartland Bank 5.55%
6mo: 2 banks ahead
- Heartland Bank 5.45%
- RACQ Bank 5.45%
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 |
Timeline17 rate changes since 12 Sep 2026 · ▲17 ▼0 · 1 event
| Date | Term | From → to | Δ |
|---|---|---|---|
| 8 Oct 2026 | 13mo | 3.85 → 5.50 | ▲ +1.65 |
| 8 Oct 2026 | 18mo | 3.85 → 5.50 | ▲ +1.65 |
| 8 Oct 2026 | 7mo | 4.05 → 5.20 | ▲ +1.15 |
| 8 Oct 2026 | 8mo | 4.05 → 5.20 | ▲ +1.15 |
| 8 Oct 2026 | 10mo | 4.25 → 5.25 | ▲ +1.00 |
| 8 Oct 2026 | 11mo | 4.25 → 5.25 | ▲ +1.00 |
| 8 Oct 2026 | 4yr | 4.25 → 5.20 | ▲ +0.95 |
| 8 Oct 2026 | 5yr | 4.25 → 5.20 | ▲ +0.95 |
| 8 Oct 2026 | 4mo | 4.05 → 4.80 | ▲ +0.75 |
| 8 Oct 2026 | 5mo | 4.05 → 4.80 | ▲ +0.75 |
| 8 Oct 2026 | 1mo | 2.50 → 3.00 | ▲ +0.50 |
| 8 Oct 2026 | 3yr | 4.85 → 5.20 | ▲ +0.35 |
| 8 Oct 2026 | 2mo | 3.00 → 3.25 | ▲ +0.25 |
| 8 Oct 2026 | 6mo | 5.15 → 5.35 | ▲ +0.20 |
| 8 Oct 2026 | 9mo | 5.15 → 5.35 | ▲ +0.20 |
| 8 Oct 2026 | 1yr | 5.30 → 5.50 | ▲ +0.20 |
| 8 Oct 2026 | 3mo | 4.95 → 5.10 | ▲ +0.15 |
| 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 Unity Bank’s best term deposit rate today?
On 10 Oct 2026, the best retail term deposit rate Unity Bank publishes in its Consumer Data Right feed is 5.55% for 24 months (Term Deposit). That is joint #2 of the 77 Australian banks ranked by best rate today.
What is Unity Bank’s 12-month term deposit rate?
5.50% as read on 10 Oct 2026, 0.25 points above the market median of 5.25%, and joint #4 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 Unity Bank?
The lowest minimum Unity Bank states in its feed is $1,000 (Term Deposit, 1-month). Check the product disclosure statement for balance tiers.
When did Unity Bank last change a term deposit rate?
The most recent change we read was on 8 Oct 2026: the 13-month rate moved from 3.85% to 5.50%. We have read 17 changes at Unity Bank since 12 Sep 2026.
Are deposits with Unity Bank guaranteed?
Unity 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 Unity 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 Unity Bank” below; rates are as read on 10 Oct 2026.
About Unity Bank
- Type
- Customer-owned bank (mutual)
- Website
- www.unity.bank
- Consumer Data Right feed
- https://ibank.unity.bank/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 Unity 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 Unity 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.