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 Newcastle Permanent
Compare Bank Australia and Newcastle Permanent term deposits in March 2026. Bank Australia offers rates up to 4.80% p.a. across 7 term lengths, while Newcastle Permanent reaches 4.70% p.a. across 16 terms.
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VS
1 live product
Newcastle Permanent
Best match at selected term
4.70%p.a.
Term Deposit
Pays maturity across a 12-month term.
Term
12 months
Payout
maturity
Min deposit
$1,000
Live edge
Bank Australia currently pays 0.10% more at 12 months, worth about $10 extra on $10,000.
0.10% gap
Feature Comparison
Side-by-side view of the strongest offers surfaced above.
| Feature | Bank Australia | Newcastle Permanent |
|---|---|---|
| Rate at selected term | 4.80% | 4.70% |
| Best headline rate | 4.80% | 4.70% |
| Minimum deposit | $500 | $1,000 |
| Interest payment | maturity | maturity |
| Terms available | 1 | 40 |
All Bank Australia Products
Every tracked term deposits option from Bank Australia.
All Newcastle Permanent Products
Every tracked term deposits option from Newcastle Permanent.
Bank Australia's best term deposit rate is 4.80% p.a. across 1 variant, while Newcastle Permanent offers up to 4.70% p.a. across 40 variants. Bank Australia pays 0.10% more, earning you an extra $50 on a $50,000 deposit over 12 months.
Bank Australia offers terms of 1 year, while Newcastle Permanent covers 1 month, 2 months, 3 months, 4 months, 5 months, 6 months, 7 months, 8 months, 9 months, 10 months, 11 months, 1 year, 2 years, 3 years, 4 years, 5 years.
Quick Comparison
| Feature | Bank Australia | Newcastle Permanent |
|---|---|---|
| Best Rate | 4.80% | 4.70% |
| Min Deposit | $500 | $1,000 |
| Terms Available | 1 | 16 |
| Payment Options | maturity |
Common Questions
Bank Australia vs Newcastle Permanent FAQs
Which bank has the better term deposit rate, Bank Australia or Newcastle Permanent?
Bank Australia currently offers the higher rate at 4.80% 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 Newcastle Permanent offer in 2026?
Newcastle Permanent's best term deposit rate is 4.70% p.a. They offer 16 different term lengths.
How much more interest can I earn with Bank Australia on a $50,000 term deposit?
At current rates, Bank Australia pays approximately $50 more per year on a $50,000 deposit, based on their 0.10% rate advantage.