Term Deposits
Watch your money grow with our high interest term deposit account
Apply onlineTo apply over the phone, call us on 1300 55 72 72
Watch your money grow with our high interest term deposit account
Apply onlineTo apply over the phone, call us on 1300 55 72 72
Make the most of your savings with our high interest term deposit account, rewarding you with higher interest if you deposit more than $5,000.
Interest is calculated on the daily closing balance of your account and paid monthly or end of term. For terms greater than 12 months, we’ll pay your interest annually and at the end of the term.
Term in months | Term in Days | $1,000 to $4,999 % p.a. | $5,000 to $249,999 % p.a. |
---|---|---|---|
Less than 1 |
1 - 27 |
0.10 | 0.10 |
1 less than 2 |
28 - 58 |
0.10 | 0.10* |
2 less than 3 |
59 - 88 |
0.20 | 0.20 |
3 less than 4 |
89 - 119 |
0.20 | 0.45* |
4 less than 5 |
120 - 149 |
0.20 | 0.30* |
5 less than 6 |
150 - 180 |
0.20 | 0.30* |
6 less than 7 |
181 - 211 |
0.20 | 0.55* |
7 less than 8 |
212 - 241 |
0.20 | 0.40* |
8 less than 9 |
242 - 272 |
0.20 | 0.40* |
9 less than 10 |
273 - 302 |
0.30 | 0.40* |
10 less than 11 |
303 - 333 |
0.30 | 0.40* |
11 less than 12 |
334 - 364 |
0.30 | 0.40* |
12 less than 24 |
365 - 729 |
0.30 | 0.55* |
24 less than 36 |
730 - 1094 |
0.30 | 0.60* |
36 less than 48 |
1095 - 1459 |
0.30 | 0.60* |
48 less than 60 |
1460 - 1826 |
0.30 | 0.60* |
If you are concerned or worried about your financial position and feel that you are struggling to meet your financial commitments and would like access to your term deposit funds before the account maturity date, then we might be able to help. For further information, please refer to Financial Hardship Assistance.
At BOQ, we keep our fees to a minimum. Any fees we do have we’ll show you up front so there are no surprises.
Features | Applicable Fees |
---|---|
Early payout fee |
$30.00 |
Deposits and withdrawals only available during renewal grace period. Other fees and charges (including government charges) may be payable.
An interest adjustment is also applicable for early redemption.
Minimum balance is $1,000.
A full list of fees can be found in the applicable Fees and Charges Guide below.
Applying for a high interest term deposit is simple. You can apply online, in branch or give us a call.
If you have saved your application:
Please visit your nearest branch
For important information on the Term Deposits, view the Terms and Conditions.
BONUS INTEREST VARIABLE RATE FOR BALANCES UP TO $250,000 IF BONUS CRITERIA MET7
Feel sure of your savings with a high interest savings account that rewards you for using your linked Day2Day Plus Account.
ADDITIONAL INTEREST FOR 4 MONTHS ON BALANCES OVER $2,000
Make the most of your savings with high interest on your WebSavings Account® with the flexibility of accessing your money anytime.