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Term Deposit

Looking for a dependable yield from your income or hard earned savings? Then a BOQ Specialist fixed term deposit could be an option to consider

Term depositsBank updated 27 Oct 2026
Apply at BOQ Specialist ↗Product page ↗Fees and pricing ↗Terms ↗

At a glance

Best rate
5.35% for 12m
12 months
5.35%
Min deposit
$1,000

How it compares

This term deposit in ink, against the best that every other institution publishes for anyone to apply for. Each figure is counted the same way for all of them.

This term deposit: 5.35%Every other institution's highest, 64 in all

Best rate for 12 months. One dot per institution, at its highest 12-month term deposit rate anyone can apply for; hover or tap a dot for its name.

RateThis term depositBest anywhereTypical institutionWhere it sits
12-month term depositBest rate for 12 months5.35%5.75%Suncorp Bank's Term Deposit5.30%of 65 institutions18th highest of 65, level with 9 others
2-year term depositBest rate for 2 years3.50%5.60%Judo Bank's Personal Term Deposits4.90%of 55 institutions49th highest of 55
3-year term depositBest rate for 3 years3.50%5.60%Judo Bank's Personal Term Deposits4.25%of 44 institutions36th highest of 44
5-year term depositBest rate for 5 years3.50%5.65%Judo Bank's Personal Term Deposits4.00%of 27 institutions20th highest of 27

Rates

Every rate BOQ Specialist publishes for this term deposit, 11 in all.

Its best rate at each term

  1. 30 days4.10%
  2. 60 days4.20%
  3. 90 days5.00%
  4. 120 days5.05%
  5. 180 days5.20%
  6. 270 days5.20%
  7. 1 yrtypical 5.30%5.35%
  8. 2 yrstypical 4.90%3.50%
  9. 3 yrstypical 4.25%3.50%
  10. 4 yrs3.50%
  11. 5 yrstypical 4.00%3.50%
This term depositTypical institution's best for the term
TypeApplies toTermBandRateComparisonConditions
FixedInterest paid annually-120 days$1,000+5.05%-paid at maturity
FixedInterest paid at maturity-180 days$1,000+5.20%-paid at maturity
FixedInterest paid annually-270 days$1,000+5.20%-paid at maturity
FixedInterest paid at maturity-30 days$1,000+4.10%-paid at maturity
FixedInterest paid annually-60 days$1,000+4.20%-paid at maturity
FixedInterest paid at maturity-90 days$1,000+5.00%-paid at maturity
FixedInterest paid at maturity-1 yr$1,000+5.35%-paid at maturity
FixedInterest paid at maturity-2 yrs$1,000+3.50%-paid every 1 yr
FixedInterest paid annually-3 yrs$1,000+3.50%-paid every 1 yr
FixedInterest paid at maturity-4 yrs$1,000+3.50%-paid every 1 yr
FixedInterest paid annually-5 yrs$1,000+3.50%-paid every 1 yr

Rate changes

7 changes logged, newest first.

DateRateWasNowChange
29 Oct 2026Fixed, 180 days, $1,000+5.15%5.20%up 0.05
29 Oct 2026Fixed, 270 days, $1,000+5.15%5.20%up 0.05
29 Oct 2026Fixed, 1 yr, $1,000+5.30%5.35%up 0.05
23 Sept 2026Fixed, 120 days, $1,000+4.85%5.05%up 0.20
23 Sept 2026Fixed, 180 days, $1,000+5.10%5.15%up 0.05
23 Sept 2026Fixed, 90 days, $1,000+4.80%5.00%up 0.20
23 Sept 2026Fixed, 1 yr, $1,000+5.20%5.30%up 0.10

Each change is logged the night it appears in the rates BOQ Specialist publishes. See how every lender answered the RBA on the rate tracker.

Fees

10 fees published, grouped by when they're charged.

When you make a transaction4

  • Direct Debit Fee
    No fee
  • Transaction Fee (international)

    Payable when you transfer money to a Beneficiary with a bank account held at an overseas financial institution or Foreign Currency transfer to an australian financial institution.

    $30
  • Transaction Fee (overnight)
    No fee
  • Transaction Fee Real Time Gross Settlement (RTGS) - which is a same day payment request

    Payable for each Real Time Gross Settlement (RTGS) transaction

    $30

If a payment is late or fails1

  • Dishonour Fee

    Charged if there is insufficient cleared funds available to cover the value of a direct debit being processed

    $45

When particular things happen5

  • Duplicate and Interim Statement Fee

    Charged for each Duplicate and Interim statement issued

    $5
  • Bank Audit Certificate

    Charged for each Bank Audit Certificate issued as part of an audit request

    $30
  • Trace Fee

    Charged for each request to perform a trace on any transaction type

    $20
  • Online Banking Security credential
    No fee
  • Replacement of Online Banking security credential

    Charged for each replacement Online Banking security credential issued

    $50

Features

Digital banking
  • 24/7 service with our Client Service Centre
  • Flexible terms ranging from 30 days to 5 years
  • Flexibility to re-invest, add extra money or withdraw at the end of the term
  • Consistently competitive ongoing term deposit interest rates on new funds and rollovers
  • No establishment or account keeping fees

Eligibility and limits

  • Minimum age 18
  • Residency: Resident or Citizen
  • Opening balance $1,000
  • Exclusively available to medical professionals and accountants

Published by BOQ Specialist under the Consumer Data Right, last changed by them on 27 Oct 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.