Term Deposit Rates
Compare term deposit rates at BOQAbout BOQ Term Deposits Apply online now
|Term||Term in Days||$1,000 to $4,999 - Interest rate % p.a.||$5,000 - $249,999 - Interest rate % 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||0.15|
|3 less than 4||89 - 119||0.20||0.35*|
|4 less than 5||120 - 149||0.20||0.20*|
|5 less than 6||150 - 180||0.20||0.20*|
|6 less than 7||181 - 211||0.20||0.40*|
|7 less than 8||212 - 241||0.20||0.30*|
|8 less than 9||242 - 272||0.20||0.30*|
|9 less than 10||273 - 302||0.30||0.30*|
|10 less than 11||303 - 333||0.30||0.30*|
|11 less than 12||334 - 364||0.30||0.30*|
|12 less than 24||365 - 729||0.30||0.50*|
|24 less than 36||730 - 1094||0.30||0.50*|
|36 less than 48||1095 - 1459||0.30||0.50*|
|48 less than 60||1460 - 1826||0.30||0.50*|
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.
Applying for a high interest term deposit is simple. You can apply online, in branch or give us a call.
Here's a helpful article explaining what you need to know about term deposits and how you can benefit from one.
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% 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.
Eligible BOQ shareholders who invest between $25,000 and $250,000 can receive bonus interest of 0.25% p.a. in addition to the rates quoted above (excludes rates denoted with “*”). 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.