The Finance Algorithm
Qudos Bank

Term Deposits

Choose from some of our most popular interest rates below, or call our team to discuss term deposit options up to 36 months. Once you have selected your term, your funds are invested for the time you have chosen.

Term depositsBank updated 22 Sept 2026
At a glance
Best rate
5.50% for 12m
12 months
5.50%
Min deposit
$10,000
§ 01 — Rates · 10
TypeApplies toTermBandRateComparisonConditions
Fixed12 Months Interest Paid Monthly. Interest rates expressed as annual percentage rates. The interest rates shown are for an amount of $500 to $3,000,000 for personal customers. For commercial customers…1 yr$500+5.40%paid every 1 mo
Fixed12 Months Interest Paid At Maturity. Interest rates expressed as annual percentage rates. The interest rates shown are for an amount of $500 to $3,000,000 for personal customers. For commercial custo…1 yr$500+5.50%paid at maturity; paid every 1 yr
Fixed24 Months Interest Paid Monthly. Interest rates expressed as annual percentage rates. The interest rates shown are for an amount of $500 to $3,000,000 for personal customers. For commercial customers…2 yrs$500+5.30%paid every 1 mo
Fixed24 Months Interest Paid Annually. Interest rates expressed as annual percentage rates. The interest rates shown are for an amount of $500 to $3,000,000 for personal customers. For commercial customer…2 yrs$500+5.40%paid every 1 yr
FixedInterest paid at Maturity. Interest rates expressed as annual percentage rates. The interest rates shown are for an amount of $500 to $3,000,000 for personal customers. For commercial customers the i…3 mo$500+5.10%paid at maturity; paid every 3 mo
Fixed36 Months Interest Paid Monthly. Interest rates expressed as annual percentage rates. The interest rates shown are for an amount of $500 to $3,000,000 for personal customers. For commercial customers…3 yrs$500+5.30%paid every 1 mo
Fixed36 Months Interest Paid Annually. Interest rates expressed as annual percentage rates. The interest rates shown are for an amount of $500 to $3,000,000 for personal customers. For commercial customer…3 yrs$500+5.40%paid every 1 yr
Fixed6 Months Interest Paid Monthly. Interest rates expressed as annual percentage rates. The interest rates shown are for an amount of $500 to $3,000,000 for personal customers. For commercial customers…6 mo$500+5.20%paid every 1 mo
FixedInterest Paid At Maturity. Interest rates expressed as annual percentage rates. The interest rates shown are for an amount of $500 to $3,000,000 for personal customers. For commercial customers the i…6 mo$500+5.30%paid at maturity; paid every 6 mo
Fixed9 Months Interest Paid At Maturity. Interest rates expressed as annual percentage rates. The interest rates shown are for an amount of $500 to $3,000,000 for personal customers. For commercial custom…9 mo$500+5.30%paid at maturity; paid every 9 mo
§ 02 — Fees · 2
FeeTypeAmountWhenNotes
Account Keeping FeePeriodicNo feeEvery 1 yr
Early Withdrawal Fee (FTD)Withdrawal2.00% of transactionYou may withdraw the balance of your term deposit early by giving us 31 days notice. However if you do, we will reduce the interest on the term deposit from the date it was opened until the date of w…
§ 03 — Features
Digital banking
§ 04 — Eligibility & limits
  • · Residency: Australian Resident
  • · Minimum balance $10,000

Published by Qudos Bank under the Consumer Data Right, last changed by them on 22 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.