| Product | Best rate (up to 1 year) | Minimum Deposit | Interest paid to another bank? |
|---|---|---|---|
| Term Deposit |
5.00% p.a.1 year ($5,000 to $1,000,000) |
$2,000.00 |
no |
| Term Deposit Special Offers |
4.90% p.a.11 months ($10,000 to $1,000,000) |
$10,000.00 |
no |
Mozo users have rated Qudos Bank term deposits on price, features, convenience, trust and customer service so you can see what real Aussies have to say about their experiences.
10 Reviews
We have found this bank extremely easy to work with and always offer the best rates
Read full reviewWe have found this bank extremely easy to work with and always offer the best rates
I had over $600,000 to invest in a term deposit so I spoke with Qudos. They told me I needed to provide information and it would be reviewed and the term deposit would be able to be opened in 24 - 48 hours. I continually called and was told it was not able to be opened as they had not received the back of my licence. I sent this 3 times and I could see each time it went through. Finally they told me it actually take 5 - 7 days to check my information. I was told by 3 different staff members they would escalate my situation and get back to me. Day 7 and I have hard nothing. What a joke this bank is. Obviously not interested in my money. Had they told me it could take this long I would have left it with ME bank, where I had NO ISSUE. UNLIKE QUDOS.
Read full reviewI had over $600,000 to invest in a term deposit so I spoke with Qudos. They told me I needed to provide information and it would be reviewed and the term deposit would be able to be opened in 24 - 48 hours. I continually called and was told it was not able to be opened as they had not received the back of my licence. I sent this 3 times and I could see each time it went through. Finally they told me it actually take 5 - 7 days to check my information. I was told by 3 different staff members they would escalate my situation and get back to me. Day 7 and I have hard nothing. What a joke this bank is. Obviously not interested in my money. Had they told me it could take this long I would have left it with ME bank, where I had NO ISSUE. UNLIKE QUDOS.
Its a great bank with great service.
Read full reviewIts a great bank with great service.
Not overly happy with the service.
Read full reviewNot overly happy with the service.