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 |
You can also get more detailed calculations by using our financial calculators.
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%.
See the similar FAQ about Australian banks:
- Bendigo Bank staff super contribution rate
- CBA brokerage fee
- CBA dividend policy
- CBA link market services
- CBA managed funds contact number
Details of companies offering the financial services:
ANZ Bank
Head office’s address: 833 Collins Street
Contact center: 13-13-14
Phone: 61-3-9683-9999
Mail address: 833 Collins Street Docklands, Melbourne
Web-site: http://www.anz.com
Swift code: ANZBAU3M
Financial institution code: ANZ
Stock code: ANZ
ABN: 11 005 357 522
BSB: 015-891
Beyond Bank Australia
Head office’s address: 100 Waymouth St
Contact center: 13-25-85
Phone: 61-8-8205-8888
Mail address: GPO Box 1430 Adelaide SA 5001
Web-site: http://www.beyondbank.com.au
Swift code: CUSCAU2S
ABN: 15 087 651 143
BSB: 805022
ING Bank
Head office’s address: 60 Margaret St
Contact center: 61-2-9028-4077
Mail address: 60 Margaret St, Sydney NSW 2000
Web-site: http://www.ingdirect.com.au/
Swift code: INGBAU2S
Financial institution code: ING
ABN: 24 000 893 292
BSB: 923-100
NAB
Head office’s address: 800 Bourke Street
Contact center: 13-22-65
Phone: 61-3-8566-7023
Mail address: Level 4, 800 Bourke Street, Docklands, VIC
Web-site: http://www.nab.com.au/
Swift code: NATAAU3303M
Financial institution code: NAB
Stock code: NAB
BSB: 086-027
Rabobank
Head office’s address: 201 Sussex Street
Contact center: 1-800-025-484
Phone: 61-1800-445-445
Mail address: GPO Box 4577 Sydney NSW 2001
Web-site: http://www.rabobank.com.au
Swift code: RABOAU2B
ABN: 70 003 917 655
BSB: 42-201