NAB has term deposits rates up to 4.5%

National Australia Bank is currently paying up to 4.50 per cent per annum for five year term deposits with interest paid annually.

For interest paid half yearly or quarterly, NAB offers rates 0.05 percentage points below the main headline rate for annual interest payments. For monthly interest payments, Nab offers rate 0.10 per cent below annual interest payment rates.

NAB’s current four year term deposit rate is 4.20 per cent per annum. The three year rate is 4.10 per cent, the two year rate is 4.00 per cent and the one year rate is 3.50 per cent. Six month and three month terms are paying 3.40 per cent.