Head-to-head
Great Southern Bank vs Judo Bank Term Deposit
Rates & conditions verified 24 June 2026
Rates can change without notice. Last verified: 24 June 2026 (AEST). Please confirm details on the bank’s official page.
The top of our 12-month table against a term-deposit specialist. Great Southern leads on the headline 12-month rate; Judo counters with a low minimum and a loyalty bump on rollover. Here's which suits your deposit.
Great Southern Bank Term Deposit
Best for savers chasing the top 12-month rate in our table from a customer-owned bank, who also want a strong 5-year option
- Leads our 12-month comparison
- Also tops the 5-year table
- Customer-owned (formerly CUA)
Judo Bank Personal Term Deposit
Best for smaller balances wanting a low entry point and a small loyalty bonus for rolling over
- Low minimum deposit — accessible for smaller balances
- Loyalty bonus for repeat terms
- A term-deposit specialist (2026 Finder award winner)
At a glance
| Great Southern Bank Term Deposit | Judo Bank Personal Term Deposit | |
|---|---|---|
| Best rate (p.a.) | 5.45% (12 months) | 5.35% (12 months) |
| Minimum deposit | $5,000 | $1,000 |
The verdict
Great Southern currently holds the higher 12-month rate (see the table) and adds a standout 5-year option, so it's the pick if rate is your priority and you can meet its minimum. Judo's appeal is accessibility: a lower minimum deposit makes it the easier choice for smaller balances, plus a small loyalty bonus when you roll a term over. For a sizeable lump sum chasing the top rate, Great Southern leads; for a modest balance or repeat rollovers, Judo holds its own.
FAQs
Which has the higher 12-month term deposit rate?
Great Southern Bank currently leads our 12-month comparison; Judo Bank sits just behind. The exact rates are in the table above, and both are protected under the Government's Financial Claims Scheme up to $250,000.
Which is better for a smaller deposit?
Judo Bank — it has the lower minimum deposit, making it more accessible for smaller balances, plus a loyalty bonus on rollover. Great Southern requires a higher minimum but leads on the headline rate. The minimums are shown above.
Related guides
Information verified 24 June 2026. Rates are variable and subject to change. Confirm current rates and conditions on each provider's website before applying. This is not financial advice.