Term Deposit Rates

Compare term deposit rates at BOQ{sub-heading}

About BOQ Term Deposits

Enquire now

Top Term Deposit rates

{boq-term-deposit||H764||min-balance-5k}% p.a.{rate-display}

6-month fixed term deposit from $5,000

{boq-term-deposit||S336||min-balance-5k}% p.a.{rate-display}

9-month fixed term deposit from $5,000

{boq-term-deposit||S664||min-balance-5k}% p.a.{rate-display}

12-month fixed term deposit from $5,000

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Premier Investment Term Deposit Rates

Learn about Term Deposits

Term in months
Term in Days

$1,000 to $4,999

% p.a.

$5,000 or greater

% p.a.

Less than 1
1 - 27
{boq-term-deposit||H101 ||balance-under-5k}% p.a.
{boq-term-deposit||H101 ||min-balance-5k}% p.a.
1
28 - 58
{boq-term-deposit||H214||balance-under-5k}% p.a.
{boq-term-deposit||H214||min-balance-5k}% p.a.
2
59 - 88
{boq-term-deposit||H327||balance-under-5k}% p.a.
{boq-term-deposit||H327||min-balance-5k}% p.a.
3
89 - 119
{boq-term-deposit||H438||balance-under-5k}% p.a.
{boq-term-deposit||H438||min-balance-5k}% p.a.
4
120 - 149
{boq-term-deposit||H542||balance-under-5k}% p.a.
{boq-term-deposit||H542||min-balance-5k}% p.a.
5
150 - 180
{boq-term-deposit||H653 ||balance-under-5k}% p.a.
{boq-term-deposit||H653 ||min-balance-5k}% p.a.
6
181 - 211
{boq-term-deposit||H764||balance-under-5k}% p.a.
{boq-term-deposit||H764||min-balance-5k}% p.a.
7
212 - 241
{boq-term-deposit||H875 ||balance-under-5k}% p.a.
{boq-term-deposit||H875 ||min-balance-5k}% p.a.
8
242 - 272
{boq-term-deposit||S225||balance-under-5k}% p.a.
{boq-term-deposit||S225||min-balance-5k}% p.a.
9
273 - 302
{boq-term-deposit||S336||balance-under-5k}% p.a.
{boq-term-deposit||S336||min-balance-5k}% p.a.
10
303 - 333
{boq-term-deposit||S449||balance-under-5k}% p.a.
{boq-term-deposit||S449||min-balance-5k}% p.a.
11
334 - 364
{boq-term-deposit||S553||balance-under-5k}% p.a.
{boq-term-deposit||S553||min-balance-5k}% p.a.
12 to 23
365 - 729
{boq-term-deposit||S664||balance-under-5k}% p.a.
{boq-term-deposit||S664||min-balance-5k}% p.a.
24 to 35
{boq-term-deposit||S775||balance-under-5k}% p.a.
{boq-term-deposit||S775||min-balance-5k}% p.a.
36 to 47
{boq-term-deposit||S886||balance-under-5k}% p.a.
{boq-term-deposit||S886||min-balance-5k}% p.a.
48 to 59
{boq-term-deposit||S855||balance-under-5k}% p.a.
{boq-term-deposit||S855||min-balance-5k}% p.a.
  • For pricing of term deposits of $250,000 or greater, give us a call on 1300 55 72 72, or visit your local BOQ branch. We will be happy to help.
  • 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
  • Interest rates are effective 20/02/26. Interest Rates on offer may change at any time without notice.
  • Terms of 24 months or more can only be open or renewed in monthly increments. The number of days will be determined by the number of whole months.

Term Deposit Financial Hardship Assistance

If you’re worried you can't pay what you owe, won't be able to manage your upcoming repayments, or you’re having difficulty meeting your repayments, please get in touch – we’re here to help.

For further information, please visit our Financial Difficulty Assistance page.

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Why open a BOQ Term Deposit Account?

Our high interest term deposit account gives you the flexibility to choose your term and to choose when and how you receive your interest payments.

Learn about Term Deposits

  • Competitive term deposit interest rates
  • Earn higher interest if you deposit $5,000 or more
  • Flexible terms - choose the length of your term from just one month
  • Choose how and when you receive interest payments – reinvest or transfer to another bank account
  • $1,000 minimum investment amount
  • Use internet or mobile banking to keep track of your term deposit account
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Enquire about a Term Deposit today

Give us a call to find out more or visit your local branch to apply for a Term Deposit.

To be eligible for a Term Deposit Account, you must be:

  • A citizen or permanent resident of Australia
  • Eighteen (18) years of age or over
  • Applying for a personal account and not in the name of a business or trust. There should be no more than two account holders for this account

Enquire now{small-button}

To apply for Term Deposit:

Please visit your nearest branch

Are you a business, trust or SMSF?

Please visit your nearest branch

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What is a term deposit?

Here's a helpful article explaining what you need to know about term deposits and how you can benefit from one.

What Is A Term Deposit Account & How Can You Benefit From One?

Let's take a closer look at how term deposit accounts work, how to compare them and how to find the best online account for you.

Read more about term deposits

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Easy Investments Rates

This product is no longer offered

Term in months
Term in Days

$1,000 to $999

% p.a.

$1,000 or greater

% p.a.

Less than 1
1 - 27
0.20
0.30
1
28 - 58
0.30
0.30
2
59 - 87
0.30
0.30
3
88 - 119
0.30
0.30
4
120 - 149
0.30
0.30
5
150 - 180
0.30
0.30
6
181 - 211
0.30
0.30
7
212 - 241
0.30
0.30
8
242 - 272
0.30
0.30
9
273 - 302
0.30
0.30
10
303 - 333
0.30
0.30
11
334 - 364
0.30
0.30
12
365 - 729
0.30
0.30
24
730-1094
0.30
0.30
36
1095-1459
0.30
0.30
48
1460-1826
0.30
0.30

Important information

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

Interest rates 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.

Special term deposit rates are indicated above in bold and with an “*”.

Further bonus offers, specials or package term deposit rates do not apply to rates denoted with “*”.

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 (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.

# Under the Australian Government’s Financial Claims Scheme (FCS), certain deposits are protected up to a limit of $250,000 for each account holder at BOQ. The FCS limit of $250,000 applies to the total sum of all BOQ bank accounts, including accounts you hold with BOQ Branches, ME Bank, Virgin Money Australia and BOQ Specialist. Please visit this website for further information on the institutions and types of accounts covered.

For Target Market Determinations please refer to the TMD page here

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.