Deposit takers continued to trim longer-term term deposit rates in September and a few cut the introductory rates on their at-call accounts. The top TD rates for terms of two years or more have come down by around 10 basis points over the past couple of months. According to the latest Mozo Banking Roundup, ANZ, Judo Bank, Alex Bank and Heritage Bank were among those that cut TD rates last month, while Macquarie Bank, P&N Bank and bcu cut introductory rates on at-call accounts. ANZ cut its four-month TD rates by 60 basis points, its 12-month rates by 5 bps and its two-year rate by 50 bps. ING Bank cut rates on all terms by 25 to 50 bps. Judo Bank cut its three-year and five-year rates by 10 bps but increased rates for six months, nine months and 12 months. The top TD rate for a term under 12 months is Defence Bank’s offer of 5.2 per cent for 10 months. Judo Bank and Bank of Sydney are offering 5.25 per cent for 12 months. Judo Bank and G&C Mutual are offering 5.25 per cent for two years. Judo Bank has the best rates for three and four years, both at 5.1 per cent. Judo and Rabobank have the best rate for five years, at 5.1 per cent. In the at-call deposit market, Macquarie cut the introductory rate of its savings account by 15 bps to 5.4 per cent, P&N Bank cut the Hi Saver intro rate by 10 bps to 4.9 per cent and bcu cut the Bonus Saver Intro rate by 10 bps to 4.9 per cent. Bank Australia, Regional Australia Bank and Hume Bank all increased at-call rates. Top at-call rates include ME’s offer of an ongoing bonus rate of 5.65 per cent on the HomeME Savings Account, Rabobank’s four-month intro rate of 5.6 per cent on its High Interest Savings Account and Police Bank’s base rate of 5.25 per cent on its Super Charge Account (for deposits up to A$10,000).