QBANKTerm Deposit 12 Month
A great way to grow your money safely and securely.
Term depositsBank updated 26 Oct 2026
At a glance
- Best rate
- 5.45% for 12m
- 12 months
- 5.45%
- Min deposit
- $2,000
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.
| Rate | This term deposit | Best anywhere | Typical institution | Where it sits |
|---|---|---|---|---|
| 12-month term depositBest rate for 12 months | 5.45% | 5.75%Suncorp Bank's Term Deposit | 5.30%of 65 institutions | 9th highest of 65, level with one other |
Rates
Every rate QBANK publishes for this term deposit, 6 in all.
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| Fixed | - | 1 yr | $100,000–$250,000 | 5.25% | - | paid at maturity |
| Fixed | - | 1 yr | $100,000–$250,000 | 5.10% | - | paid every 1 mo |
| Fixed | - | 1 yr | $2,000–$100,000 | 5.05% | - | paid at maturity |
| Fixed | - | 1 yr | $2,000–$100,000 | 4.90% | - | paid every 1 mo |
| Fixed | - | 1 yr | $250,000–$9,999,999 | 5.45% | - | paid at maturity |
| Fixed | - | 1 yr | $250,000–$9,999,999 | 5.30% | - | paid every 1 mo |
Rate changes
12 changes logged, newest first.
| Date | Rate | Was | Now | Change |
|---|---|---|---|---|
| 8 Oct 2026 | Fixed, 1 yr, $10,000–$100,000 | 4.95% | 5.05% | up 0.10 |
| 8 Oct 2026 | Fixed, 1 yr, $10,000–$100,000 | 4.80% | 4.90% | up 0.10 |
| 8 Oct 2026 | Fixed, 1 yr, $10,000–$100,000 | 4.80% | 4.90% | up 0.10 |
| 8 Oct 2026 | Fixed, 1 yr, $100,000–$250,000 | 5.15% | 5.25% | up 0.10 |
| 8 Oct 2026 | Fixed, 1 yr, $100,000–$250,000 | 5.00% | 5.10% | up 0.10 |
| 8 Oct 2026 | Fixed, 1 yr, $100,000–$250,000 | 5.00% | 5.10% | up 0.10 |
| 8 Oct 2026 | Fixed, 1 yr, $2,000–$10,000 | 4.75% | 4.85% | up 0.10 |
| 8 Oct 2026 | Fixed, 1 yr, $2,000–$10,000 | 4.60% | 4.70% | up 0.10 |
| 8 Oct 2026 | Fixed, 1 yr, $2,000–$10,000 | 4.60% | 4.70% | up 0.10 |
| 8 Oct 2026 | Fixed, 1 yr, $250,000–$9,999,999 | 5.35% | 5.45% | up 0.10 |
| 8 Oct 2026 | Fixed, 1 yr, $250,000–$9,999,999 | 5.20% | 5.30% | up 0.10 |
| 8 Oct 2026 | Fixed, 1 yr, $250,000–$9,999,999 | 5.20% | 5.30% | up 0.10 |
Each change is logged the night it appears in the rates QBANK publishes. See how every lender answered the RBA on the rate tracker.
Features
Digital banking
- No account keeping fee
- A guaranteed rate for terms from 3 to 60 months
- Earn a competitive interest rate on your investment with a minimum opening balance of $2,000 can get you started.
- Interest can be paid monthly, 12 monthly or at maturity.
- For deposits of $1,000,000 and over, rates are by negotiation and subject to acceptance.
- We'll send you a written renewal notice before your deposit matures.
- If you want to withdraw your Term Deposit before it matures you'll need to give us 31 days' notice. A reduced rate of interest will apply in these circumstances. For full details refer to our Conditi…
Eligibility and limits
- Minimum balance $2,000
- Opening balance $2,000
- You do not have to be a member of Qbank to hold a term deposit.
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Published by QBANK under the Consumer Data Right, last changed by them on 26 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.