2,85 % p.a. is the maximal interest rate under the business term deposits for 1 year

Bankchart.com.au has surveyed the terms of obtaining business term deposits for 1 year in the national currency. The survey covered all the deposits with any form of interests repayment, regardless of the replenishment option or the deposit partial withdrawal option. Our website's analysts have studied the deposit offers from all Australian banks.

As of 27 September 2018 the deposits under review have been offered by 19 banks.  The average interest rate under such deposits equals 2,30 % p.a. The total number of the deposits programs available for the specified terms is 72.

The maximal return among the deposits under review is offered by ING Direct. The interest rate under "Business Term Deposits" deposit program constitutes 2,85 % p.a. The table below shows the best offers by each bank selected by Bankchart.com.au (in terms of profitability) for the aforementioned terms.

The TOP -19 business term deposits for 1 year, as of 27 September 2018

To view the up-to-date rating of the deposits at our website here.

Published: 15 October 2018

Source: http://bankchart.com.au

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