Term deposit products issued by Bank of Queensland Limited ABN 32 009 656 740 (BOQ) AFSL and Australian Credit Licence No 244616.

Interest rates on offer may change at any time without notice. Different interest rates apply to different investment amounts, terms and interest payment frequencies. If you choose to renew your Term Deposit upon maturity, the interest rate may be higher or lower than the interest rate on your maturing Term Deposit.

You must provide 31 days’ notice for early withdrawal or termination before your fixed Term Deposit Account matures. If you give notice to withdraw your Term Deposit before maturity, an early payout fee will be payable and interest will be adjusted in accordance with the Deposit Products Terms and Conditions or Business Transaction and Investment Accounts Terms and Conditions and the relevant Guide to Fees and Charges (as the case may be). If you think you will need to access the funds in your Term Deposit immediately or regularly, another deposit product may be more suitable.

All other rates quoted apply only if end of term interest payment is chosen. For monthly interest payments, the applicable interest rate will be the rate quoted above, less 0.10%, with a minimum rate of 0.05% p.a.

Rates quoted for term deposit of less than 1 month apply to both end of term and monthly interest payment options. Term deposit of less than 1 month is available only on reinvestment of funds.

Bonus interest offers are not available in conjunction with one another or with any other offer.

All term deposit rates quoted are per annum. Minimum investment amount and account balance is $1,000. Interest is calculated daily and paid at the end of the investment term, or in the case of investments longer than 12 months, paid annually.

Conditions, Criteria and Fees Apply. You should obtain and consider the relevant Product Disclosure Statement (PDS), terms and conditions and Guide to Fees and Charges for the product before making any decision about whether to acquire or continue to hold it. Full terms and conditions are available online or at any Bank of Queensland branch.

For Target Market Determinations please refer to the TMD page here