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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 4 Nov 2026
Apply at Qudos Bank ↗Product page ↗Fees and pricing ↗Terms ↗

At a glance

Best rate
5.60% for 12m
12 months
5.60%
Min deposit
$10,000

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: 5.20%Every other institution's highest, 54 in all

Best rate for 3 months. One dot per institution, at its highest 3-month term deposit rate anyone can apply for; hover or tap a dot for its name.

RateThis term depositBest anywhereTypical institutionWhere it sits
3-month term depositBest rate for 3 months5.20%5.30%Heartland Bank's Broker Term Deposit4.60%of 55 institutions4th highest of 55, level with 2 others
6-month term depositBest rate for 6 months5.40%5.47%Heartland Bank's Broker Term Deposit5.10%of 63 institutions5th highest of 63, level with 2 others
12-month term depositBest rate for 12 months5.60%5.75%Suncorp Bank's Term Deposit5.30%of 65 institutions4th highest of 65, level with one other
2-year term depositBest rate for 2 years5.40%5.60%Judo Bank's Personal Term Deposits4.90%of 55 institutions4th highest of 55, level with one other
3-year term depositBest rate for 3 years5.40%5.60%Judo Bank's Personal Term Deposits4.25%of 44 institutions2nd highest of 44, level with one other

Rates

Every rate Qudos Bank publishes for this term deposit, 10 in all.

Its best rate at each term

  1. 3 motypical 4.60%5.20%
  2. 6 motypical 5.10%5.40%
  3. 9 mo5.30%
  4. 1 yrtypical 5.30%5.60%
  5. 2 yrstypical 4.90%5.40%
  6. 3 yrstypical 4.25%5.40%
This term depositTypical institution's best for the term
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+5.50%-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+5.60%-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+5.20%-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+5.30%-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+5.40%-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

Rate changes

11 changes logged, newest first.

DateRateWasNowChange
4 Nov 2026Fixed, 3 mo, $500+5.10%5.20%up 0.10
4 Nov 2026Fixed, 6 mo, $500+5.20%5.30%up 0.10
4 Nov 2026Fixed, 6 mo, $500+5.30%5.40%up 0.10
28 Oct 2026Fixed, 1 yr, $500+5.40%5.50%up 0.10
28 Oct 2026Fixed, 1 yr, $500+5.50%5.60%up 0.10
23 Sept 2026Fixed, 2 yrs, $500+5.00%5.30%up 0.30
23 Sept 2026Fixed, 2 yrs, $500+5.10%5.40%up 0.30
23 Sept 2026Fixed, 3 mo, $500+5.05%5.10%up 0.05
23 Sept 2026Fixed, 3 yrs, $500+4.90%5.30%up 0.40
23 Sept 2026Fixed, 3 yrs, $500+5.00%5.40%up 0.40
23 Sept 2026Fixed, 9 mo, $500+5.10%5.30%up 0.20

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

Fees

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

While you hold it1

  • Account Keeping Fee
    No fee

When you make a transaction1

  • Early Withdrawal Fee (FTD)

    You 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…

    2.00% of transaction

Features

Digital banking

Eligibility and limits

  • Residency: Australian Resident
  • Minimum balance $10,000

Published by Qudos Bank under the Consumer Data Right, last changed by them on 4 Nov 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.