Premier Investment Term Deposit Rates

More info on BOQ Term Deposits

Top Term Deposit Rates

5.05 %P.A.
6 month fixed term deposit from $5,000
5.05 %P.A.
9 month fixed term deposit from $5,000
5.10 %P.A.
12 month fixed term deposit from $5,000

All Term Deposit Rates#

Term in months Term in Days

$1,000 to $4,999

% p.a.

$5,000 or greater

% p.a.

Less than 1

1 - 27

 0.05 0.25

1

28 - 58

 0.05 0.75*

2

59 - 88

 0.08 0.80

3 

89 - 119

 0.10 2.25*

4

120 - 149

 0.10 4.40*

5

150 - 180

 0.10 1.25*

6

181 - 211

 0.10 5.05*

7

212 - 241

 0.10 1.50*

8

242 - 272

 0.10 1.50*

9

273 - 302

 0.15 5.05*

10

303 - 333

 0.15 1.75*

11 

334 - 364 

 0.15 1.75*

12 to 23

365 - 729

 0.15 5.10*

24 to 35

 

 0.15 4.20*

36 to 47

 

 0.15 3.30*

48 to 59

 

 0.15 3.30*
  • 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 21/11/2023. Interest Rates on offer may change at any time without notice.
  • Special term deposit rates are indicated above in bold and with an “*”.  Bonus interest does not apply to special term deposit rates. Bonus interest offers are not available in conjunction with one another or with any other offer. 
  • 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 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.

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.

More info

  • 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

Ready to apply for a Term Deposit?

Applying for a high interest term deposit is simple. You can apply online, in branch or give us a call.

To apply for a Term Deposit Account online, 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

Apply online now

Other ways to apply:

If you have saved your application:

Load saved application

Are you a business, trust or SMSF?

Please visit your nearest branch

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.

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