7.8 / 10

based on 3376 reviews as rated by Mozo community

Bank of Queensland term deposits

Bank of Queensland is Australia's fastest growing retail bank, and has come a long way from its origins as a regional Queensland bank. BOQ today boasts a wide array of banking services and 200 branches around Australia. Bank of Queensland aims to give you greater control over the management of your finances and offers everyday banking products including credit cards, home loans, term deposits, savings accounts and bank accounts.

Bank of Queensland offers the following term deposits

Rates and fees verified as correct at 30 November, 2020. Other information correct at the time of writing. Advertiser disclosure.

Product Best rate (up to 1 year) Minimum deposit Interest paid to another bank?
Term Deposit

0.60% p.a.1 year

$1,000.00

yes

Different interest rates apply to different amounts or different interest payment frequencies.

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How are Bank of Queensland term deposits rated?

Mozo users have rated Bank of Queensland term deposits on price, features, convenience, trust and customer service so you can see what real Aussies have to say about their experiences.

Icon of term-deposits
Bank of Queensland term deposits
Overall
8.0/10
Price
Features
Customer service
Convenience
Trust

136 Reviews

Recent Bank of Queensland term deposit reviews

Bank of Queensland Term Deposit review
Overall 5/10
Customer loyalty is not rewarded

I have been a customer at this Bank for many years and hold a decent amount of money there and I have never owed anyone a single cent but when I wanted a credit card they would not give me one saying that my income was insufficient. I hold a credit card with another bank and I have never paid interest as I pay it off in full each month.

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I have been a customer at this Bank for many years and hold a decent amount of money there and I have never owed anyone a single cent but when I wanted a credit card they would not give me one saying that my income was insufficient. I hold a credit card with another bank and I have never paid interest as I pay it off in full each month.

Price
4/10
Features
2/10
Customer service
5/10
Convenience
6/10
Trust
5/10
Less
Katrina, Queensland reviewed about 1 year ago
Bank of Queensland Term Deposit review
Overall 8/10
Great

There are small problems like any other bank but I still find it not bad. When transferring money between accounts, there is great privacy and you feel safe.

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There are small problems like any other bank but I still find it not bad. When transferring money between accounts, there is great privacy and you feel safe.

Price
8/10
Features
10/10
Customer service
9/10
Convenience
7/10
Trust
7/10
Less
Steven, New South Wales reviewed almost 2 years ago
Bank of Queensland Term Deposit review
Overall 10/10
Just loving it

Love the no monthly fees

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Love the no monthly fees

Price
10/10
Features
10/10
Customer service
10/10
Convenience
10/10
Trust
10/10
Less
Daniel, Queensland reviewed over 4 years ago
Bank of Queensland Term Deposit review
Overall 10/10
Great customer service

Awesome local Bank.

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Awesome local Bank.

Price
10/10
Features
10/10
Customer service
10/10
Convenience
10/10
Trust
10/10
Less
Chicquita, Queensland reviewed about 5 years ago

Term deposit quick links