Your selected term deposits
Bank of Queensland (BOQ) is a regional Australian bank headquartered in Brisbane, Queensland. Founded in 1874, BOQ has grown to become one of Australia’s leading regional banks, offering a wide range of financial products and services to individuals, small to medium-sized businesses, and corporations.
BOQ offers a range of products for savers from savings accounts to term deposits. Its term deposits start from as short as 1 month up to 48 months.
| INTEREST RATES P.A. | $1,000 to $4,999 | $5,000 to $249,999 |
|---|---|---|
| 1 month | 0.05% | 0.75% |
| 2 months | 0.08% | 0.80% |
| 3 months | 0.10% | 2.25% |
| 4 months | 0.10% | 4.55% |
| 5 months | 0.10% | 1.25% |
| 6 months | 0.10% | 4.65% |
| 7 months | 0.10% | 1.50% |
| 8 months | 0.10% | 4.65% |
| 9 months | 0.15% | 4.60% |
| 10 months | 0.15% | 1.75% |
| 11 months | 0.15% | 1.75% |
| 1 year | 0.15% | 4.50% |
| 13 months | 0.15% | 4.50% |
| 18 months | 0.15% | 4.50% |
| 2 years | 0.15% | 3.30% |
| 3 years | 0.15% | 3.30% |
| 4 years | 0.15% | 3.30% |
Rates are shown for interest paid at maturity for terms less than 1 year, and annually or at maturity for terms of 1 year or more.
Your selected term deposits
Every time I have re-invested my mum's money, the interest rate is great, but 2 to 3 days before it is due to be re-invested , they say the interest rate has dropped ! This happened last year as well.
Yes, Bank of Queensland is an authorised deposit-taking institution (ADI). This means deposits up to $250,000 are protected under the Australian Government’s Financial Claims Scheme, providing a high level of security for your savings.
The minimum deposit amount for a BOQ term deposit is $1,000. While there isn’t a specified maximum deposit amount, it’s important to note that the government guarantee only covers up to $250,000 per person per ADI.
There are no establishment or account-keeping fees for BOQ term deposits. However, an early payout fee of $30 applies if you withdraw your funds before maturity, along with an interest rate adjustment.
* Different interest rates apply to different amounts or different interest payment frequencies.
^See information about the Mozo Experts Choice Term Deposit Awards
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