11 April – 14 April 2022

Summary: Very, very few rate changes, all four up; only changes made by Judo; AMP offers highest rate in survey.

There were very, very few changes made by banks, building societies and other approved deposit-taking institutions (ADIs) in this week’s YieldReport survey. All four changes took the form of rate increases. There were no changes made by the major banks.

In fact, the only changes were made by Judo Bank. Its 6-month and 2-year rates were each raised by 20bps while its 9-month rate was increased by 15bps and its 1-year rate had 40bps added to it.

See our table below for any other changes as well as the latest rates and terms which are available. AMP Bank’s 5-year deposit offers the highest rate in this week’s survey.

250K TO $1M+

Institution	1 m nom	2 m nom	3 m nom	4 m nom	5 m nom	6 m nom	9 m nom	1 Year	2 Year	3 Year	4 Year	5 Year
ANZ	0.05	0.05	0.05	0.05	0.05	0.10	0.10	0.15	0.15	0.15	0.15	0.15
CBA	0.05	0.05	0.07	0.08	0.10	0.15	0.20	0.25	0.30	0.30	0.30	0.30
NAB	0.05	0.05	0.07	0.08	0.10	0.15	0.20	0.25	0.30	0.30	0.30	0.30
Westpac	0.05	0.05	0.07	0.07	0.10	0.15	0.20	0.25	0.30	0.30	0.30	0.30
Military Bank			0.40	0.40	0.40	0.50	0.50	0.75	1.10	1.10
AMP Bank	0.10	0.20	0.35	0.35	1.15	1.15	0.90	1.95	2.80	3.15	3.45	3.55
Arab Bank Australia	0.15	0.20	0.80	0.50	0.50	1.00	1.10	1.50	1.50	1.50	1.50	1.50
Bank of Melbourne	0.05	0.05	0.07	0.07	0.10	0.15	0.20	0.25	0.30	0.30	0.30	0.30
Bank Australia			0.25	0.25	0.25	0.35	0.35	0.70	0.80	0.90
BankSA	0.05	0.05	0.07	0.07	0.10	0.15	0.20	0.25	0.30	0.30	0.30	0.30
Bankwest	0.05	0.10	0.20	0.20	0.20	0.40	0.25	0.45	0.50	0.50	0.50	0.50
Bank of Sydney	0.20	0.25	0.40	0.45	0.60	0.55	0.55	0.60
BankVic			0.45	0.45	0.45	0.45	0.45	0.45	0.50	0.50	0.50	0.50
Beyond Bank			0.30			0.30	0.45	0.40	0.70	0.70	0.70	0.70
Bendigo Bank	0.10	0.10	0.15	0.15	0.15	0.30	0.35	0.70	0.65	0.70	0.70	0.70
Bank of Queensland	0.05	0.08	0.15	0.10	0.10	0.30	0.45	0.70	1.10	1.20	1.20
BOQ Specialist			0.25	0.15		0.65	0.40	0.80	1.00	1.20	1.20	1.20
Citibank	0.15		0.65			0.65	0.65	0.65	0.65	0.65	0.65	0.65
CUA	0.10	0.15	0.50	0.50	0.50	0.55	0.60	0.80	1.20	1.40	1.45	1.50
Defence Bank	0.10	0.10	0.25	0.30	0.30	0.35	0.40	0.45	0.80
Greater Bank	0.10	0.10	0.20	0.20	0.20	0.25	0.25	0.35	0.65	0.80	0.90	1.00
Heritage Bank	0.10	0.20	0.25	0.30	0.30	0.30	0.30	0.65	0.88	0.88	0.88	0.88
Horizon Credit Union	0.10	0.10	0.25	0.25		0.30	0.30	0.60	0.70	0.80
HSBC	0.05	0.10	0.40	0.15	0.15	0.50	0.70	0.90	0.50	0.50	0.50	0.50
IMB	0.10	0.15	0.15	0.15	0.15	0.15	0.15	0.15	0.50	0.50	0.60	0.70
ING Direct			0.05	0.05		0.07	0.18	0.22	0.25
Judo Bank			0.90			1.15	1.20	1.90	2.35	2.60	2.75	3.00
Macquarie Bank	0.05	0.05	0.80	0.60		1.10	1.40	1.90	2.30	2.35	2.05	2.05
ME Bank	0.15	0.15	0.35	0.35	0.40	0.65	0.70	1.10	1.20	1.40	1.50	1.60
MyState	0.10	0.15	0.25	0.25	0.25	0.70	0.50	0.80	1.20
Newcastle Permanent	0.10	0.10	0.20	0.20	0.20	0.30	0.30	0.40	0.45	0.80	0.90	1.00
People's Choice Credit Union		0.10	0.30	0.20	0.20	0.40	0.30	0.45	0.45	0.60	0.60	0.60
Police Bank	0.40	0.40	0.40	0.40	0.40	0.40	0.45	0.65
P&N Bank		0.10	0.45	0.30	0.30	0.60	0.30	0.85	0.85	0.95	0.95	0.95
QT Mutual Bank	0.05	0.15	0.30	0.30	0.30	0.40	0.50	0.70	1.10	1.20	1.30	1.40
Rabobank Australia	0.15	0.15	0.45	0.45	0.45	0.65	0.50	0.75	0.50	0.50	1.05	1.25
Rural Bank	0.10	0.10	0.15	0.15	0.15	0.40	0.35	0.70	0.65	0.70	0.70	0.70
St. George Bank - Except VIC	0.05	0.05	0.07	0.07	0.10	0.15	0.20	0.25	0.30	0.30	0.30	0.30
Suncorp Bank	0.10	0.15	0.40	0.25	0.25	0.45	0.55	0.85	1.35	1.35	1.45	1.45
Teachers Mutual Bank			0.50	0.50	0.50	0.55	0.55	0.55	0.70	0.70
The Capricornian			0.30			0.35		0.40	0.70
UBank	0.15	0.20	0.45	0.40	0.40	0.45	0.35	0.35
Bank First	0.15	0.20	0.40	0.50		0.50	0.50	0.60	0.60	0.60	0.60	0.60

^{*For comparison purposes rates to 1 year are paid at maturity. Rates longer than 1 year are paid annually. Rates are checked each week on company websites and rate sheets.}