The Finance Algorithm
BOQ Specialist

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 21 Sept 2026
At a glance
Best rate
5.30% for 12m
12 months
5.30%
Min deposit
$1,000
§ 01 — Rates · 11
TypeApplies toTermBandRateComparisonConditions
FixedInterest paid annually120 days$1,000+5.05%paid at maturity
FixedInterest paid at maturity180 days$1,000+5.15%paid at maturity
FixedInterest paid annually270 days$1,000+5.15%paid at maturity
FixedInterest paid at maturity30 days$1,000+4.10%paid at maturity
FixedInterest paid annually60 days$1,000+4.20%paid at maturity
FixedInterest paid at maturity90 days$1,000+5.00%paid at maturity
FixedInterest paid at maturity1 yr$1,000+5.30%paid at maturity
FixedInterest paid at maturity2 yrs$1,000+3.50%paid every 1 yr
FixedInterest paid annually3 yrs$1,000+3.50%paid every 1 yr
FixedInterest paid at maturity4 yrs$1,000+3.50%paid every 1 yr
FixedInterest paid annually5 yrs$1,000+3.50%paid every 1 yr
§ 02 — Fees · 10
FeeTypeAmountWhenNotes
Dishonour FeeDishonour$45Charged if there is insufficient cleared funds available to cover the value of a direct debit being processed
Duplicate and Interim Statement FeeEnquiry$5Charged for each Duplicate and Interim statement issued
Bank Audit CertificateEvent$30Charged for each Bank Audit Certificate issued as part of an audit request
Trace FeeEvent$20Charged for each request to perform a trace on any transaction type
Direct Debit FeePaymentNo fee
Online Banking Security credentialReplacementNo fee
Replacement of Online Banking security credentialReplacement$50Charged for each replacement Online Banking security credential issued
Transaction Fee (international)Transaction$30Payable 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.
Transaction Fee (overnight)TransactionNo fee
Transaction Fee Real Time Gross Settlement (RTGS) - which is a same day payment requestTransaction$30Payable for each Real Time Gross Settlement (RTGS) transaction
§ 03 — 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
§ 04 — Eligibility & 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 21 Sept 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.