RBA 4.10%
·
12M TOP 6.45% ↑0.05
·
6M TOP 6.20%
·
UPDATED MAY 2026
AU Fixed Rate Investment Comparison

Compare fixed, secure rates above 6% p.a.

Independent comparison of Australian term deposits and fixed rate bonds. Higher yields than standard bank rates by accessing the secondary market. Minimum $50,000. APRA-regulated providers only.

12-Month · Top Rate Live
6.45%
p.a. fixed ↑ 1.85% vs big four avg
CBANABWBCANZTop
24
Providers Tracked
$250k
Govt Guarantee / ADI
$50k
Minimum Investment
+1.85%
Above Big Four Avg
Refine comparison
Showing 6 of 24 providers Sorted: Highest rate
★ Top Pick
Secondary Bond Investment Grade
Rate 6.45% p.a. fixed
Minimum $50k No max
Return $3,225 on $50,000
Secondary Bond Investment Grade
Rate 6.30% p.a. fixed
Minimum $50k Max $2M
Return $3,150 on $50,000
Term Deposit FCS Protected
Rate 6.20% p.a. fixed
Minimum $50k No max
Return $3,100 on $50,000
Term Deposit FCS Protected
Rate 6.10% p.a. fixed
Minimum $50k Max $1M
Return $3,050 on $50,000
Term Deposit FCS Protected
Rate 6.05% p.a. fixed
Minimum $50k No max
Return $3,025 on $50,000
Term Deposit FCS Protected
Rate 6.00% p.a. fixed
Minimum $50k No max
Return $3,000 on $50,000

Independent

No paid placements. Sorted purely by rate.

Refreshed Monthly

Verified directly against provider websites.

Private & Secure

Your details are encrypted and never sold.

APRA / ASIC Regulated

Every provider is licensed under Australian regulation.

→ The basics

How to choose a fixed rate investment

A short guide for first-time savers and seasoned investors.

1. Lock in when rates peak

Australian deposit and bond rates move with the RBA cash rate. When markets expect cuts, locking in a long-term rate protects your return for the full term.

2. Match the term to your goals

Shorter terms offer flexibility; longer terms typically pay higher rates. If you may need access to funds early, factor in break-fee costs.

3. Compare beyond the headline rate

Minimum investments, interest frequency, and rollover terms all affect your real return. Use our filter to compare on the criteria that matter to you.

4. Term deposits vs fixed rate bonds

Term deposits pay reliable rates with government-backed protection up to $250,000. Fixed rate bonds — debt securities from companies or institutions — typically pay higher yields because they carry additional credit risk. Both have their place in a diversified income portfolio.

→ Common questions

Frequently asked

What Australian savers ask most.

What's the difference between a term deposit and a fixed rate bond?
A term deposit is held with an ADI (bank) and protected by the Government's Financial Claims Scheme up to $250,000. A fixed rate bond is a debt security issued by a company or institution — it pays a higher rate to reflect the additional risk, and is regulated by ASIC. Bonds in our comparison are investment-grade only.
Are my funds protected?
Term deposits with ADI-licensed providers are guaranteed up to $250,000 per account holder per institution under the Government's Financial Claims Scheme. Fixed rate bonds are not covered by the FCS, but listed providers are investment-grade and APRA/ASIC-regulated. Always read the Product Disclosure Statement before investing.
Can I withdraw early?
Most term deposits require 31 days' notice for early withdrawal, and you may forfeit some or all of the interest earned. Fixed rate bonds may be sold on the secondary market subject to liquidity. Always check the specific provider's terms.
How is interest taxed?
Interest earned is treated as assessable income and must be declared in your annual tax return. We recommend consulting a tax adviser for guidance specific to your situation.
What happens after I submit my enquiry?
A specialist will contact you within one business hour with full details on the provider you selected, including current rates, terms, and how to apply. There is no obligation to proceed.
Is this advice?
No. Fixed Rate Investor provides comparison information only, not financial product advice. The right product for you depends on your personal circumstances.