The best term deposit rates vary depending on the country and term length. Here are some recent top rates as of October 2025:
- In Australia, Macquarie Bank offers term deposit rates around 4.00% p.a. for 3 months and about 3.70% p.a. for 1 year, with interest paid either monthly or at maturity.
- In the UK, Oxbury Bank offers up to 4.62% for six-month terms and GB Bank has a one-year fixed rate of approximately 4.53%.
- In the US, Colorado Federal Savings Bank offers Certificates of Deposit (CDs) with Annual Percentage Yields (APY) ranging from 3.50% to 4.35%, for terms between three months and five years, with a minimum deposit of $5,000.
- In India, ICICI Bank offers fixed deposit rates up to 6.60% for general customers and 7.10% for senior citizens.
The best rate depends on your location, term length, and investment amount. For short to medium terms, rates around 4.5% to 4.6% are common in several countries, while some banks in India offer higher rates for fixed deposits. If you specify a country or currency, I can provide more precise recommendations.