What is an SMSF deposit?
Self-Managed Super Fund deposit is a type of investment held within a self-managed superannuation fund. Trustees can invest funds from the fund's assets into a term deposit offered by a bank or financial institution. This provides a predictable return over the agreed-upon term, making it a popular choice for those seeking stability and security within their superannuation portfolio.
Which bank is best for SMSF in Australia?
Our analysts have collected the best offers on the market for your consideration. Just follow the links and select the offer that suits you. Compare interest rates, fees, investment options, customer service, and online functionality, of the banks to determine the best offer.
You can also place free funds on a savings account.
Calculate your future income on a savings account (example):
| Amount, $ | Rate, % | Accrued %, $ |
| 20,000 | 2.75% | 550 |
| 20,000 | 2.80% | 560 |
| 20,000 | 2.85% | 570 |
| 50,000 | 2.90% | 1,450 |
| 50,000 | 2.95% | 1,475 |
| 50,000 | 3.00% | 1,500 |
| 100,000 | 3.05% | 3,050 |
| 100,000 | 3.10% | 3,100 |
| 100,000 | 3.15% | 3,150 |
| 200,000 | 3.20% | 6,400 |
| 200,000 | 3.25% | 6,500 |
| 200,000 | 3.30% | 6,600 |
What are the SMSF term deposit rates?
Interest rates vary by financial institution, term and trends in the Australian banking market, but typically hover around 5%.
