{
 "segment": "smsf",
 "deposit": 10000,
 "term_months": 24,
 "generated_at": "2026-11-13T01:55:06Z",
 "data_as_of": "2026-11-13T01:35:26Z",
 "note": "The 10 highest fixed term deposit rates for this segment, reference deposit and term, one per bank, cut to the fields needed to quote them; per annum, as advertised in each bank's own published product data. A rate marked is_special may not apply after the deposit rolls over. generated_at is when this file's contents last changed.",
 "before_answering": "https://deepalmanac.com/au/finance/term-deposits/v1/questions.json lists what to ask the reader first, including how the interest needs to be paid.",
 "full_ranking": "https://deepalmanac.com/au/finance/term-deposits/v1/best/smsf/10000/24.json",
 "banks_ranked": 25,
 "top": [
  {
   "rank": 1,
   "brand_label": "Judo Bank",
   "brand_slug": "judo-bank",
   "product_label": "SMSF Term Deposit",
   "rate_pct": 5.6,
   "interest_paid": "annually",
   "is_special": false,
   "conditions": [
    "An online SMSF Term Deposit is only available to one corporate trustee of an SMSF or two to four individual trustees.",
    "31 days notice to withdraw early, and a prepayment adjustment is taken from the interest",
    "early withdrawal closes the whole deposit unless Judo agrees; at most one partial withdrawal, leaving $1,000",
    "only for SMSFs with one corporate trustee or two to four individual trustees, applying online: a fund with a single individual trustee, or five or six, cannot open it"
   ],
   "restrictions": [],
   "deposit_min": 1000.0,
   "deposit_max": 2000000.0,
   "product_url": "https://www.judo.bank/term-deposits-smsf",
   "bank_last_updated": "2026-10-28T23:26:38.283386Z"
  },
  {
   "rank": 2,
   "brand_label": "Unity Bank",
   "brand_slug": "unity-bank",
   "product_label": "Term Deposit",
   "rate_pct": 5.55,
   "interest_paid": "annually",
   "is_special": false,
   "conditions": [
    "31 days notice to withdraw early, at the bank's discretion",
    "early withdrawal cuts the interest rate",
    "also open to self-managed super funds (SMSFs): the bank's own words are \"If you have a Self-Managed Super Fund (SMSF) Account with Unity Bank, you can open a Term Deposit in the name of your fund.\""
   ],
   "restrictions": [],
   "deposit_min": 1000.0,
   "deposit_max": 9999999.0,
   "product_url": "https://www.unity.bank/forms/general-enquiry-form/#apply",
   "bank_last_updated": "2026-11-11T21:09:21.000+11:00"
  },
  {
   "rank": 3,
   "brand_label": "Suncorp Bank",
   "brand_slug": "suncorp-bank",
   "product_label": "Term Deposit",
   "rate_pct": 5.5,
   "interest_paid": "annually",
   "is_special": false,
   "conditions": [
    "31 days notice to withdraw early",
    "early withdrawal loses 20% to 80% of interest earned, by share of term completed",
    "no partial early withdrawals; whole deposit only",
    "also open to self-managed super funds (SMSFs): the bank's term deposit page says \"Invest in a Term Deposit as part of a Self Managed Super Fund.\", and its Target Market Determination (22 August 2026) lists \"Trustees for an SMSF\" among the customers it is for",
    "SMSFs, businesses and other non-personal customers open it in a branch or through the contact centre (13 11 75), not online: its Target Market Determination says it \"Can only be opened online by personal customers.\""
   ],
   "restrictions": [],
   "deposit_min": 5000.0,
   "deposit_max": 99999.0,
   "product_url": "https://www.suncorpbank.com.au/bank-and-save/savings-accounts.html",
   "bank_last_updated": "2026-11-05T13:00:00.000Z"
  },
  {
   "rank": 4,
   "brand_label": "ING",
   "brand_slug": "ing-bank-australia-ltd",
   "product_label": "Business Term Deposit",
   "rate_pct": 5.45,
   "interest_paid": "at_maturity",
   "is_special": false,
   "conditions": [
    "You need to nominate between one and four authorised users to operate your Business Term Deposit. They must be an Australian resident for taxation purposes.",
    "You must be an account holder using the product for business purposes or with a Self-Managed Super Fund (SMSF).",
    "The account cannot be used by bare/informal trusts, public companies, unincorporated associations, or a statutory account.",
    "31 days notice to withdraw early",
    "early withdrawal cuts the rate by 20% to 90%"
   ],
   "restrictions": [],
   "deposit_min": 10000.0,
   "deposit_max": 10000000.0,
   "product_url": "https://www.ing.com.au/business/term-deposit.html",
   "bank_last_updated": "2026-11-10T13:00:00.000Z"
  },
  {
   "rank": 5,
   "brand_label": "Defence Bank",
   "brand_slug": "defence-bank",
   "product_label": "Business Term Deposit 24 Mths",
   "rate_pct": 5.35,
   "interest_paid": "at_maturity",
   "is_special": false,
   "conditions": [
    "early withdrawal cuts the interest by 20% to 90% (less the more of the term has passed) plus a $30 fee",
    "$30 early withdrawal fee"
   ],
   "restrictions": [],
   "deposit_min": 2000.0,
   "deposit_max": 1000000.0,
   "product_url": "https://join.defencebank.com.au",
   "bank_last_updated": "2026-10-14T00:00:00.000+11:00"
  },
  {
   "rank": 6,
   "brand_label": "CommBank",
   "brand_slug": "commbank",
   "product_label": "Term Deposit",
   "rate_pct": 5.35,
   "interest_paid": "annually",
   "is_special": false,
   "conditions": [
    "Have an Australian residential address, or otherwise subject to exception.",
    "A domestic business, e.g. a sole trader, partnership, company, trust, with an ABN or ACN: Be one of the following entity types, with at least one signatory age…",
    "A foreign company that carries on business in Australia, and is registered with ASIC; or owns property in Australia, but does not carry on a business in Austra…",
    "A trust, superannuation fund, association, registered co-operative, body corporate or government body: Be one of the following entity types, with at least one…",
    "31 days notice to withdraw early",
    "early withdrawal: interest adjustment plus $30 fee"
   ],
   "restrictions": [],
   "deposit_min": 10000.0,
   "deposit_max": 49999.99,
   "product_url": "https://www.commbank.com.au/banking/term-deposits.html#apply",
   "bank_last_updated": "2026-11-13T12:01:03.000Z"
  },
  {
   "rank": 7,
   "brand_label": "Community First Bank",
   "brand_slug": "commfcu",
   "product_label": "Term Deposit - 24 Months Interest on Maturity",
   "rate_pct": 5.3,
   "interest_paid": "at_maturity",
   "is_special": false,
   "conditions": [
    "up to 7 days written notice to withdraw early",
    "interest cannot be compounded into the deposit",
    "early withdrawal: no interest if under half the term has run, 25% to 50% of interest after",
    "also open to self-managed super funds (SMSFs) and businesses: the bank's own words are \"Whether you’re a personal investor, business or SMSF, lock in your interest rate for a term and enjoy secure returns.\""
   ],
   "restrictions": [],
   "deposit_min": 5000.01,
   "deposit_max": 49999.0,
   "product_url": "https://communityfirst.com.au/products/term-deposits",
   "bank_last_updated": "2026-10-16T17:09:21.000+11:00"
  },
  {
   "rank": 8,
   "brand_label": "Alex.Bank",
   "brand_slug": "alex-bank",
   "product_label": "Term Deposit - Intermediary",
   "rate_pct": 5.3,
   "interest_paid": "annually",
   "is_special": false,
   "conditions": [
    "Individual, Joint (max of 2 individuals), Sole Trader, Trust (max 1 company trustee and/or up to 4 individual trustees), Self-Managed Superannuation Fund: Elig…",
    "Origination via accredited deposit intermediaries only: Channel",
    "available via broker or intermediary",
    "no partial withdrawals",
    "an SMSF may have at most one company trustee and/or up to four individual trustees",
    "31 days notice to withdraw early",
    "early withdrawal cuts interest earned by 20% to 90%"
   ],
   "restrictions": [
    "via_third_party"
   ],
   "deposit_min": 10000.0,
   "deposit_max": 500000.0,
   "product_url": "https://www.alex.com.au/legal/term-deposit-t&cs/",
   "bank_last_updated": "2026-11-11T13:01:10Z"
  },
  {
   "rank": 9,
   "brand_label": "Bank Australia",
   "brand_slug": "bank-australia",
   "product_label": "Term Deposit 24 Months",
   "rate_pct": 5.2,
   "interest_paid": "at_maturity",
   "is_special": false,
   "conditions": [
    "SMSF eligibility inferred: stated by the bank on a matching sibling product, not on this one",
    "a part withdrawal must leave at least $500 in the deposit",
    "31 days notice to withdraw early",
    "early withdrawal cuts the rate by 20% to 90%"
   ],
   "restrictions": [],
   "deposit_min": 500.0,
   "deposit_max": 1000000.0,
   "product_url": "https://join.bankaust.com.au/#/welcome?productcode=214",
   "bank_last_updated": "2026-11-10T21:00:29.165Z"
  },
  {
   "rank": 10,
   "brand_label": "Qudos Bank",
   "brand_slug": "qudos-bank",
   "product_label": "Term Deposit",
   "rate_pct": 5.2,
   "interest_paid": "annually",
   "is_special": false,
   "conditions": [
    "31 days notice to withdraw early, subject to approval",
    "early withdrawal cuts the rate by 2% p.a. for the whole term (no interest if the rate is under 2%)",
    "minimum $500 for all terms (product page)",
    "new customers must first open a General Savings Account",
    "also open to self-managed super funds (SMSFs), by enquiry: the bank's own words are \"Yes, Qudos Bank Term Deposits are available for SMSFs. To open a Term Deposit account, please send us an enquiry or call us on 1300 747 747\""
   ],
   "restrictions": [],
   "deposit_min": 10000.0,
   "deposit_max": null,
   "product_url": "https://www.qudosbank.com.au/products/savings-accounts/term-deposit",
   "bank_last_updated": "2026-11-10T21:00:22.763Z"
  }
 ],
 "top_all_note": "Products open only to people in certain occupations (restriction occupation_membership) or of certain ages (age_limited) are left out of top. Including them changes nothing in this top 10.",
 "top_all": null
}