Key features

No account fees

There are no set-up fees to open this account and there are no monthly account-keeping fees to pay.

Range of term lengths

Available term lengths include 3, 6, 9, 12, 24, 36, 48 and 60 months. Typically, you’ll earn a higher fixed rate for longer term lengths.

Choose when to receive interest payments

You can select how often you want to receive your interest payments. Choose to receive your interest annually (for terms over 1 year), monthly or in one lump sum when your term deposit reaches maturity. If you choose to receive interest payments monthly, you’ll earn a slightly lower fixed interest rate.

The interest will be paid to your nominated external Australian bank account.

How to apply

You can apply for a business term deposit with Judo Bank online in a few minutes. Before you start the application, make sure you meet the eligibility requirements and have the following documents ready.

Eligibility

Age. Each person named on the account must be over 18 years old.

Residency. Each person named on the account must be an Australian resident with an Australian residential address.

Compare other business term deposit accounts

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Anja

November 14, 2024

Can I set up this account for a school’s P&C association?

Richard Whitten Finder

November 18, 2024

Hello Anja,

From Judo Bank’s website “Judo Bank’s Business Term Deposits are available for private companies, trusts with individual trustee(s) and incorporated associations.” Is your P&C association incorporated? If so it should be eligible.

Alka

October 05, 2023

Can I set up a term deposit for a family trust with a corporate trustee, if so, how can I go about setting it up? Also, will it be eligible for the Australian Government guarantee? Thanks

Shubham Pandey Finder

October 23, 2023

Hi Alka,

Thankyou for your question.

Yes, you can set up a term deposit for a family trust with a corporate trustee through Judo Bank. To set it up, you would need to follow the steps mentioned in the above guide.

As for eligibility for the Australian Government guarantee, business term deposits with Judo Bank are typically covered by the Financial Claims Scheme. This means that in the unlikely event that something were to happen to Judo Bank, your deposit up to $250,000 is protected. This coverage should extend to term deposits held in the name of a family trust with a corporate trustee, but it’s always a good idea to double-check with Judo Bank to ensure your specific trust structure qualifies for the guarantee.

I hope this helps.

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Janetta

April 20, 2023

do you invest cash for superannuation funds

Alison Banney Finder

April 21, 2023

Hi Janetta, this account is for businesses only, however Judo Bank does offer a separate SMSF Term Deposit for SMSF customers.

Product Name	Judo Bank Business Term Deposit
3 month interest rate	4.95%
6 month interest rate	5.05%
9 month interest rate	5.05%
12 month interest rate	5.00%
24 month interest rate	4.70%
36 month interest rate	4.60%
48 month interest rate	4.45%
60 month interest rate	4.45%
Minimum Opening Deposit	$1,000
Minimum age requirement	18
Government guarantee	Yes

Minimum Age Requirement	18
Min Deposit	$1,000
Available to children	Not available for children

Name	3 Mths p.a.	4 Mths p.a.	5 Mths p.a.	6 Mths p.a.	7 Mths p.a.	11 Mths p.a.	12 Mths p.a.	24 Mths p.a.
Judo Bank Business Term Deposit $1,000 min. deposit	3 Mths p.a. 4.95%	4 Mths p.a. -	5 Mths p.a. -	6 Mths p.a. 5.05%	7 Mths p.a. -	11 Mths p.a. -	12 Mths p.a. 5.00%	24 Mths p.a. 4.70%	Go to site More Info Compare
Westpac Business Term Deposit $5,000 min. deposit$250,000 max. deposit	3 Mths p.a. 3.25%	4 Mths p.a. 3.35%	5 Mths p.a. 3.45%	6 Mths p.a. 3.60%	7 Mths p.a. 3.60%	11 Mths p.a. 4.00%	12 Mths p.a. 4.00%	24 Mths p.a. 3.80%	More Info Compare
ME Business Term Deposit $5,000 min. deposit	3 Mths p.a. 2.05%	4 Mths p.a. 4.00%	5 Mths p.a. 0.85%	6 Mths p.a. 4.00%	7 Mths p.a. 1.35%	11 Mths p.a. 1.60%	12 Mths p.a. 4.00%	24 Mths p.a. 2.00%	More Info Compare
Commonwealth Bank Business Term Deposit $5,000 min. deposit	3 Mths p.a. 3.10%	4 Mths p.a. 3.15%	5 Mths p.a. 3.25%	6 Mths p.a. 3.35%	7 Mths p.a. 3.45%	11 Mths p.a. -	12 Mths p.a. 4.35%	24 Mths p.a. 3.70%	More Info Compare
ANZ Business Notice Term Deposit $5,000 min. deposit	3 Mths p.a. 3.35%	4 Mths p.a. -	5 Mths p.a. -	6 Mths p.a. 3.40%	7 Mths p.a. -	11 Mths p.a. -	12 Mths p.a. 4.00%	24 Mths p.a. -	More Info Compare
Suncorp Bank Business Saver Account flexiRates	3 Mths p.a. 4.40%	4 Mths p.a. -	5 Mths p.a. -	6 Mths p.a. 4.60%	7 Mths p.a. -	11 Mths p.a. -	12 Mths p.a. 4.00%	24 Mths p.a. -	More Info Compare
ING Business Term Deposit $10,000 min. deposit	3 Mths p.a. 0.50%	4 Mths p.a. 0.50%	5 Mths p.a. -	6 Mths p.a. 1.50%	7 Mths p.a. 0.80%	11 Mths p.a. -	12 Mths p.a. 2.00%	24 Mths p.a. 2.40%	More Info Compare
Arab Bank Business Fixed Term Deposit $1 min. deposit	3 Mths p.a. 3.75%	4 Mths p.a. 3.60%	5 Mths p.a. 3.60%	6 Mths p.a. 4.30%	7 Mths p.a. -	11 Mths p.a. -	12 Mths p.a. 4.00%	24 Mths p.a. 3.70%	Compare
AMP Business Term Deposit $5,000 min. deposit$24,999 max. deposit	3 Mths p.a. 4.85%	4 Mths p.a. 4.75%	5 Mths p.a. 4.55%	6 Mths p.a. 4.95%	7 Mths p.a. 4.60%	11 Mths p.a. 4.55%	12 Mths p.a. 4.95%	24 Mths p.a. 4.15%	Compare
Bank Australia Business Term Deposits Green Company	3 Mths p.a. 4.70%	4 Mths p.a. -	5 Mths p.a. -	6 Mths p.a. 4.80%	7 Mths p.a. -	11 Mths p.a. -	12 Mths p.a. 4.70%	24 Mths p.a. 4.25%	Compare

Judo Bank business term deposit

Summary

Pros

Cons

Details

Key details

Eligibility

Congratulations, Judo!

Key features

No account fees

Range of term lengths

Choose when to receive interest payments

Available to a range of business types

Deposits up to $250,000 are guaranteed by the Australian government

How to apply

Eligibility

Documentation needed

Compare other business term deposit accounts

Your reviews

Ask a question

Judo Bank business term deposit

Pros

Cons

Congratulations, Judo!

Key features

No account fees

Range of term lengths

Choose when to receive interest payments

Available to a range of business types

Deposits up to $250,000 are guaranteed by the Australian government

How to apply

Eligibility

Documentation needed

Compare other business term deposit accounts

Your reviews

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