IMB Bank Term Deposit Rates: The Current Table, and a Stale Rate to Watch For

August 23, 2026 3 Min Read

IMB Bank term deposit rates depend on more than just the term you pick. How often you take interest changes the rate too. One popular comparison site is also showing a number that’s months out of date. Here’s the real current table.

This bank is one of 19 compared in our Australia Term Deposit Rates comparison guide.

Quick Answer: IMB Bank Term Deposit Rates

IMB Bank’s best current rate is 5.25% p.a. That’s for a 12-month term, paid at maturity. Rates vary by how often you take interest. At-maturity payments earn the most. Monthly and fortnightly payments earn less on the same term. One comparison site, RatePilot, still shows “up to 4.55% p.a.” dated February 2026. That’s well below IMB’s real current top rate. Always check IMB’s own page for the live number.

The Real Current Rate Table

12 months at maturity is the standout. It pays 5.25% p.a., the highest rate IMB currently offers.
Shorter at-maturity terms pay slightly less. 3 months sits at 5.00%. 6 months sits at 5.10%.
Annually-paid terms drop further out. 24 and 36 months pay 4.50%. 48 and 60 months pay 4.00%.
Monthly-paid terms trail at-maturity rates. 12 months monthly pays 5.13%. 24 months monthly pays 4.40%.
Fortnightly payments pay the least. A 12-month term paid fortnightly earns just 2.15%.
A flat lower tier also exists. Terms from 6 to 60-plus months at reduced payment frequency sit around 2.20-2.25%.

Why One Comparison Site Shows a Lower Rate

RatePilot’s page is dated February 2026. It lists “up to 4.55% p.a.” as IMB’s headline rate.
That’s not IMB’s current rate. IMB’s own page, updated 5 August 2026, shows 5.25% as the current top rate.
Comparison sites don’t always refresh often. A snapshot from months ago can sit online well past its use-by date.
Always confirm on the bank’s own page. IMB’s site is the most reliable source for the live number.

How Payment Frequency Changes Your Rate

At maturity pays the most. You get the full rate, paid out once the term ends.
Monthly and quarterly payments pay less. You get income sooner, but the rate drops to reflect that.
Fortnightly payments pay the least. The gap is large. On a 12-month term, fortnightly pays 2.15% versus 5.25% at maturity.
Pick based on your goal. Want the highest rate? Choose at maturity. Want regular income? Expect a lower rate in exchange.

Minimum Deposits Vary Too

Most terms need $5,000 minimum. This applies to the standard at-maturity and annually-paid options.
One tier only needs $1,000. Check IMB’s page for which specific term this applies to.
Fortnightly-paid terms need $2,000 minimum. That’s higher than the $1,000 tier but lower than the standard $5,000.
Confirm the minimum before you apply. It varies enough across products that assuming $5,000 everywhere could be wrong.

FAQ: IMB Bank Term Deposit Rates

What is IMB Bank’s highest term deposit rate?
5.25% p.a., for a 12-month term with interest paid at maturity.

Why does a comparison site show a lower IMB Bank rate?
RatePilot’s listing is dated February 2026 and shows 4.55% p.a., a stale figure. IMB’s own site, updated 5 August 2026, confirms the current top rate is 5.25%.

Does IMB Bank pay less if I take interest monthly?
Yes. Monthly and fortnightly payment options pay meaningfully less than interest paid at maturity on the same term.

What is the minimum deposit for an IMB Bank term deposit?
$5,000 for most terms, though one tier accepts $1,000 and fortnightly-paid terms need $2,000.

Which term currently pays the most at IMB Bank?
The 12-month term with interest paid at maturity, at 5.25% p.a.