FirstRate Term Deposit interest rates

From 16 November 2024, an administration fee will be payable on any new or renewed term deposits. The fee that will be payable is set out in the FirstRate Interest Rates page.

  
Wholesale interest rates effective from 14 April 2025^
FirstChoice Wholesale Pension
Terms where interest is paid at maturity
3 month (% p.a.) 6 month (% p.a.) 9 month (% p.a.) 12 month (% p.a.)
4.40% 4.20% 4.00% 3.90%
Terms where interest is paid monthly
2 year (% p.a.) 3 year (% p.a.) 5 year (% p.a.)
3.80% 3.80% 3.80%
Terms where interest is paid annually
2 year (% p.a.) 3 year (% p.a.) 5 year (% p.a.)
3.80% 3.80% 3.80%
FirstChoice Wholesale Personal Super
Terms where interest is paid at maturity
3 month (% p.a.) 6 month (% p.a.) 9 month (% p.a.) 12 month (% p.a.)
4.40%* 4.20%* 4.00%* 3.90%*
Terms where interest is paid monthly
2 year (% p.a.) 3 year (% p.a.) 5 year (% p.a.)
3.80%* 3.80%* 3.80%*
Terms where interest is paid annually
2 year (% p.a.) 3 year (% p.a.) 5 year (% p.a.)
3.80%* 3.80%* 3.80%*

* This interest rate does not include a deduction for the tax payable by your super fund on earnings, currently up to 15%. For example, if the interest rate quoted above is 1.00%, your investment should earn at least 0.85%.

** Compound interest is only available in FirstChoice Wholesale Pension

^Interest rates are usually updated weekly on a Monday. You should refer to the relevant sections of the PDS for further details about interest rates. The rate you will receive on your new term deposit at maturity may vary from current interest rates.