12 live products
Bank Australia
Best match at selected term
4.80%p.a.
Term Deposit 12 months
Pays maturity across a 12-month term.
Term
12 months
Payout
maturity
Min deposit
$500
Finding the best rates…
Term Deposits Comparison
Bank One
Bank Australia
Best available
Up to 4.80% p.a.
Line-up
12 live products
VS
Bank Australia vs Heartland
Compare Bank Australia and Heartland term deposits in March 2026. Bank Australia offers rates up to 4.80% p.a. across 7 term lengths, while Heartland reaches 4.93% p.a. across 9 terms.
Tune The Comparison
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VS
1 live product
Heartland
Best match at selected term
4.93%p.a.
Term Deposit
Pays maturity across a 12-month term.
Term
12 months
Payout
maturity
Min deposit
$5,000
Live edge
Heartland currently pays 0.13% more at 12 months, worth about $13 extra on $10,000.
0.13% gap
Feature Comparison
Side-by-side view of the strongest offers surfaced above.
| Feature | Bank Australia | Heartland |
|---|---|---|
| Rate at selected term | 4.80% | 4.93% |
| Best headline rate | 4.80% | 4.93% |
| Minimum deposit | $500 | $5,000 |
| Interest payment | maturity | maturity |
| Terms available | 1 | 14 |
All Bank Australia Products
Every tracked term deposits option from Bank Australia.
All Heartland Products
Every tracked term deposits option from Heartland.
Bank Australia's best term deposit rate is 4.80% p.a. across 1 variant, while Heartland offers up to 4.93% p.a. across 14 variants. Heartland pays 0.13% more, earning you an extra $65 on a $50,000 deposit over 12 months.
Bank Australia offers terms of 1 year, while Heartland covers 1 month, 3 months, 6 months, 9 months, 1 year, 2 years, 3 years, 4 years, 5 years.
Quick Comparison
| Feature | Bank Australia | Heartland |
|---|---|---|
| Best Rate | 4.80% | 4.93% |
| Min Deposit | $500 | $5,000 |
| Terms Available | 1 | 9 |
| Payment Options | maturity | maturity, annually, monthly |
Common Questions
Bank Australia vs Heartland FAQs
Which bank has the better term deposit rate, Bank Australia or Heartland?
Heartland currently offers the higher rate at 4.93% p.a. Compare specific terms and deposit amounts for the most accurate comparison.
What term deposit rates does Bank Australia offer in 2026?
Bank Australia's best term deposit rate is 4.80% p.a. They offer 1 different term length.
What term deposit rates does Heartland offer in 2026?
Heartland's best term deposit rate is 4.93% p.a. They offer 9 different term lengths.
How much more interest can I earn with Heartland on a $50,000 term deposit?
At current rates, Heartland pays approximately $65 more per year on a $50,000 deposit, based on their 0.13% rate advantage.