2-year term deposit rates
67 banks publish a 2-year rate today, ranked highest first. Read from each bank’s own Consumer Data Right feed on 10 Oct 2026.
2-year at a glance
2-year rates, every bank67 banks · $10,000 deposit for the earnings column · 10 Oct 2026
| Bank | Rate | Last change | Min. deposit | Est. earnings |
|---|---|---|---|---|
| Unity BankTerm Deposit | 5.55% | — | $1,000 | $1,110.00 |
 Suncorp BankTerm Deposit | 5.50% | ▲ +0.50 2 Oct | $5,000 | $1,100.00 |
 Judo BankPersonal Term Deposits | 5.45% | ▲ +0.05 17 Sep | $1,000 | $1,090.00 |
 Bank AustraliaTerm Deposit 24 months | 5.40% | ▲ +0.30 23 Sep | $500 | $1,080.00 |
 Qudos BankTerm Deposits | 5.40% | ▲ +0.30 23 Sep | $500 | $1,080.00 |
| Alex.BankTerm Deposit - Intermediary | 5.30% | ▲ +0.10 1 Oct | $10,000 | $1,060.00 |
 Defence BankTerm Deposit 24 months | 5.25% | — | $1,000 | $1,050.00 |
 HeartlandTerm Deposit | 5.25% | ▲ +0.20 1 Oct | $5,000 | $1,050.00 |
| ING BANK (Australia) LtdPersonal Term Deposits | 5.25% | ▲ +0.55 14 Sep | $10,000 | $1,050.00 |
 People First and Heritage BankTerm Deposit | 5.25% | ▲ +0.50 23 Sep | $1,000 | $1,050.00 |
| CommBankStandard Term Deposittailored | 5.20% | ▲ +0.20 18 Sep | $50,000 | $1,040.00 |
| Maitland Mutual LimitedTerm Deposit | 5.20% | ▲ +0.50 2 Oct | $1,000 | $1,040.00 |
| Auswide Bank LtdMATURITY TERM DEPOSIT | 5.15% | — | $500 | $1,030.00 |
 MyState BankOnline Term Deposit | 5.15% | — | $5,000 | $1,030.00 |
| RabobankOnline Term Deposit | 5.15% | ▲ +0.30 16 Sep | $500,001 | $1,030.00 |
 The CapricornianTerm Deposit | 5.10% | — | $5,000 | $1,020.00 |
 ANZANZ Advance Notice Term Deposit | 5.00% | — | $5,000 | $1,000.00 |
 Bank First2 Year Term Deposit | 5.00% | ▲ +0.20 18 Sep | $500 | $1,000.00 |
 BankVicTerm Deposit 24 Months | 5.00% | — | $5,000 | $1,000.00 |
 BankwestBankwest Term Deposit | 5.00% | — | $1,000 | $1,000.00 |
 Broken Hill BankFTD - 24 Months | 5.00% | — | $5,000 | $1,000.00 |
 Cairns bankTerm deposits 1mth under $500,000 | 5.00% | — | $1,000 | $1,000.00 |
 Central West CUL$5000+ (12m - 24m) I4 | 5.00% | ▲ +0.10 8 Oct | $5,000 | $1,000.00 |
 Coastline BankI52 Gold Mbr Ftd 24 Mths | 5.00% | ▲ +0.50 15 Sep | $50,000 | $1,000.00 |
 DnisterTerm Deposit - 24 Months | 5.00% | ▲ +0.30 8 Oct | $1,000 | $1,000.00 |
| NATIONAL AUSTRALIA BANKNAB Term Deposit | 5.00% | — | $5,000 | $1,000.00 |
 Police Credit Union LtdADELAIDE TERM DEPOSIT | 5.00% | — | $50,000 | $1,000.00 |
 Queensland Country BankFTD - Interest Annually | 5.00% | — | $1,000 | $1,000.00 |
 gmcuFixed Term Deposit - 24 months | 4.90% | ▲ +0.25 6 Oct | $5,000 | $980.00 |
 Horizon BankTerm Deposit | 4.90% | — | $1,000 | $980.00 |
 QBANKTerm Deposit 24 Month | 4.90% | ▲ +0.10 8 Oct | $250,000 | $980.00 |
 SWSbank24 Month Term Deposit | 4.80% | — | $500 | $960.00 |
 First Option Bank24 MONTH FIXED TERM | 4.75% | — | $1,000 | $950.00 |
 Southern Cross Credit UnionTERM DEPOSIT | 4.70% | — | $5,000 | $940.00 |
| Summerland BankFixed Term Deposit | 4.70% | — | $1,000 | $940.00 |
 Bank of usFIXED TERM INVESTMENT | 4.60% | — | $5,000 | $920.00 |
 Beyond Bank AustraliaINV - 24 Mth Trf 12 Mthly | 4.60% | — | $200,000 | $920.00 |
 Border BankTerm Deposit | 4.60% | — | $10,000 | $920.00 |
 Police BankTerm Deposit | 4.60% | — | $10,000 | $920.00 |
 ORANGE CREDIT UNION LTD24MTH FIXED TERM DEPOSIT WEALTH BUILDER | 4.55% | — | $50,000 | $910.00 |
 Bank of MelbourneTerm Deposit | 4.50% | — | $1,000 | $900.00 |
 BankSATerm Deposit | 4.50% | — | $1,000 | $900.00 |
 Bendigo BankStandard Term Deposit | 4.50% | — | $5,000 | $900.00 |
 IMB BankTerm Deposit | 4.50% | — | $5,000 | $900.00 |
 St.George BankTerm Deposit | 4.50% | — | $1,000 | $900.00 |
 Great Southern BankPlatinum Plus Term Deposit 13-60 Months | 4.35% | — | $5,000 | $870.00 |
 Australian Mutual Bank LTDTerm Deposit for Edvest Members | 4.30% | ▲ +0.25 8 Oct | $1,000 | $860.00 |
 Firefighters Mutual BankTerm Deposit for Edvest Members | 4.30% | ▲ +0.25 8 Oct | $1,000 | $860.00 |
 Health Professionals BankTerm Deposit for Edvest Members | 4.30% | ▲ +0.25 8 Oct | $1,000 | $860.00 |
 Teachers Mutual BankTerm Deposit for Edvest Members | 4.30% | ▲ +0.25 8 Oct | $1,000 | $860.00 |
 UniBankTerm Deposit for Edvest Members | 4.30% | ▲ +0.25 8 Oct | $1,000 | $860.00 |
 Newcastle PermanentTerm Deposit | 4.25% | — | $1,000 | $850.00 |
 Northern Inland Credit Union Limited24 MONTHS Term Deposit with interest paid at maturity/annually | 4.10% | — | $1,000 | $820.00 |
 Central Murray BankTERM DEPOSIT 24 MONTHS | 3.75% | ▲ +0.25 10 Oct | $500 | $750.00 |
 The MacTERM SAVINGS I4 | 3.70% | — | $5,000 | $740.00 |
 bankWAW18-24 months >$25K | 3.60% | — | $25,000 | $720.00 |
 Australian Military BankTeen Plus | 3.55% | — | $500 | $710.00 |
 RSL MoneyRSL Member Investment Plus | 3.55% | — | $1,000 | $710.00 |
 BOQ SpecialistTerm Deposit | 3.50% | — | $1,000 | $700.00 |
 BCU Bank24 Month Term Deposit - Yearly | 3.45% | — | $1,000 | $690.00 |
| Arab Bank Australia LimitedFixed Term Deposit - Personal | 3.40% | — | $10,000 | $680.00 |
| RACQ BankTerm Deposit | 3.30% | — | $1,000 | $660.00 |
 TMCU24 MTHS [EDVEST] | 3.30% | — | $5,000 | $660.00 |
| Credit Union SATerm Deposit | 2.90% | — | $1,000 | $580.00 |
 Bank of Queensland LimitedPremier Investment Term Deposit | 2.00% | — | $5,000 | $400.00 |
 Macquarie Bank LimitedMacquarie Term Deposit | 2.00% | — | $5,000 | $400.00 |
| Woolworths Team Bank24 MONTHS | 1.95% | — | $2,000 | $390.00 |
 AMP Bank GOno 2yr term | — | — | — | — |
| BNK Bank (Goldfields Money/BCHL)no 2yr term | — | — | — | — |
 CommFCUno 2yr term | — | — | — | — |
| Fire Service Credit Unionno 2yr term | — | — | — | — |
| Geelong Bankno 2yr term | — | — | — | — |
| Greater Bankno 2yr term | — | — | — | — |
 Laboratories Credit Unionno 2yr term | — | — | — | — |
 ME Bank - ME Gono 2yr term | — | — | — | — |
 P&N Bankno 2yr term | — | — | — | — |
 Westpacno 2yr term | — | — | — | — |
Est. earnings assume $10,000 held for the full 24 months at the rate shown, with simple interest paid at maturity ($10,000 × rate × 24/12). Interest paid monthly or quarterly, and any compounding, will differ; tax and fees are not deducted. Change is today's rate minus 9 Oct 2026's for the same term; Last change is the most recent repricing of that tier — how far it moved and the day the new rate took effect — not a day-over-day difference. A dotted minimum is the product’s stated opening balance, because the rate tier itself states none.
Earnings are simple interest at maturity on $10,000; change a deposit on the calculator. Each bank name opens its profile with every term and its history.
2-year market historyevery sweep day since 26 Aug 2026 · 46 days
Market best
26 Aug 202610 Oct 2026
Market median
26 Aug 202610 Oct 2026
The best and the median of every 2-year rate we read that day. A break is a day no bank’s 2-year rate could be read.
2-year rate changes24 since 26 Aug 2026
| Date | Bank | Term | From → to | Δ |
|---|---|---|---|---|
| 10 Oct 2026 | Central Murray Bank | 2yr | 3.50 → 3.75 | ▲ +0.25 |
| 8 Oct 2026 | Dnister Bank | 2yr | 4.70 → 5.00 | ▲ +0.30 |
| 8 Oct 2026 | Australian Mutual Bank | 2yr | 4.05 → 4.30 | ▲ +0.25 |
| 8 Oct 2026 | Firefighters Mutual Bank | 2yr | 4.05 → 4.30 | ▲ +0.25 |
| 8 Oct 2026 | Health Professionals Bank | 2yr | 4.05 → 4.30 | ▲ +0.25 |
| 8 Oct 2026 | Teachers Mutual Bank | 2yr | 4.05 → 4.30 | ▲ +0.25 |
| 8 Oct 2026 | UniBank | 2yr | 4.05 → 4.30 | ▲ +0.25 |
| 8 Oct 2026 | Central West Credit Union | 2yr | 4.90 → 5.00 | ▲ +0.10 |
| 8 Oct 2026 | QBANK | 2yr | 4.80 → 4.90 | ▲ +0.10 |
| 6 Oct 2026 | GMCU | 2yr | 4.65 → 4.90 | ▲ +0.25 |
| 2 Oct 2026 | Suncorp Bank | 2yr | 5.00 → 5.50 | ▲ +0.50 |
| 2 Oct 2026 | The Mutual Bank | 2yr | 4.70 → 5.20 | ▲ +0.50 |
| 1 Oct 2026 | Heartland Bank | 2yr | 5.05 → 5.25 | ▲ +0.20 |
| 1 Oct 2026 | Alex Bank | 2yr | 5.20 → 5.30 | ▲ +0.10 |
| 23 Sep 2026 | People First Bank | 2yr | 4.75 → 5.25 | ▲ +0.50 |
| 23 Sep 2026 | Bank Australia | 2yr | 5.10 → 5.40 | ▲ +0.30 |
| 23 Sep 2026 | Qudos Bank | 2yr | 5.10 → 5.40 | ▲ +0.30 |
| 18 Sep 2026 | Bank First | 2yr | 4.80 → 5.00 | ▲ +0.20 |
| 18 Sep 2026 | CommBank | 2yr | 5.00 → 5.20 | ▲ +0.20 |
| 17 Sep 2026 | Judo Bank | 2yr | 5.40 → 5.45 | ▲ +0.05 |
| 16 Sep 2026 | Rabobank | 2yr | 4.85 → 5.15 | ▲ +0.30 |
| 15 Sep 2026 | Coastline Bank | 2yr | 4.50 → 5.00 | ▲ +0.50 |
| 14 Sep 2026 | ING | 2yr | 4.70 → 5.25 | ▲ +0.55 |
| 28 Aug 2026 | Alex Bank | 2yr | 5.25 → 5.20 | ▼ −0.05 |
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.