In previous months, banks have wasted no time in heartily increasing term deposit rates following a Reserve Bank cash rate rise.
Now some rate weariness could be setting in, with only a select few banks increasing term deposit rates since Tuesday's decision.
Macquarie Bank
Macquarie Bank on Wednesday increased its two, three, four, and five year rates by 50 basis points.
With a minimum deposit of $5,000 and interest payable annually, the rates are now 4.05% p.a. for two-and-three year terms, and 4.10% p.a. for four-and-five year terms.
Judo Bank
On Friday Judo Bank three and six month term deposit rates for those looking for a shorter-term savings avenue.
With interest payable at maturity and with a minimum deposit of $1,000, the interest rates are now 2.25% p.a. and 2.80% p.a. respectively.
MyState Bank
The Tasmanian-based bank and 11th largest customer-owned bank in terms of assets moved rates by up to 95 basis points on Thursday.
For example, the six month rate was boosted by this amount to 2.70% p.a.
Minimum deposit is $5,000 and interest is payable at maturity.
The 12 month rate for comparison is 3.60% p.a.
Australian Unity
The customer-owned institution increased savings account rates by up to 75 basis points on Thursday.
For example, the nine month rate is now 2.85% p.a. with a minimum deposit of $5,000 and interest payable at maturity.
For reference, the 12 month rate is now up to 3.35% p.a.
Top One-Year Term Deposit Rates - 9 September
One-year rates seem to be where most of the recent competition has heated up.
With interest payable at maturity, these are the top one year or 12 month rates in InfoChoice's database:
| Bank | Rate | Min Deposit |
| AMP | 3.70% p.a. | $100,000 |
| AMP | 3.65% p.a. | $25,000 |
| Macquarie | 3.65% p.a. | $5,000 |
| G&C Mutual | 3.60% p.a. | $1,000 |
| Judo | 3.60% p.a. | $1,000 |
For those with big-enough deposits, AMP recently overtook Macquarie Bank for the leading one-year rate.
