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Qudos Bank Term Deposit

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The details shown below are for the Term Deposit
The details shown below are for the Term Deposit Special Offers

Choose the version of this product that suits you best

Name
Term Deposit
Term Deposit Special Offers
  • Term Deposit
  • Term Deposit Special Offers
Best rate (up to 1 year)
5.20% p.a.1 year ($5,000 to $1,000,000)
Minimum Deposit
$2,000.00
Interest paid to another bank?
no
Best rate (up to 1 year)
4.90% p.a.11 months ($10,000 to $1,000,000)
Minimum Deposit
$10,000.00
Interest paid to another bank?
no

Mozo editorial review Qudos Bank Term Deposit - last updated: 23 November 2023

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What's hot
  • Solid 5.20% interest rate for 12 month terms (minimum deposits apply)
  • Automatic rollover
  • 2023 Mozo Experts Choice Award winner
What's not
  • Interest paid to another bank unavailable
Mozo snapshot

Need to lock away your savings stash? The Qudos Bank Term Deposit could be the perfect place to put it. This term deposit comes with a solid 5.20% p.a. interest rate for its 12 month term (minimum deposit $5,000). Once your term is up, if you don’t want to dip into your funds you can simply sit back, as there is an automatic rollover feature. It also took out a term deposit title in the 2023 Mozo Experts Choice Awards.

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Key features

Qudos Bank’s Term Deposit could be a great way to help your money grow, as you keep it out of sight and out of mind. There are a range of terms from as little as 3 months up to 3 years, plus customers can deposit anywhere between $2,000 and $1,000,000.  

Not ready to withdraw your funds once your term is up? Well, the Qudos Bank Term Deposit also comes with an automatic rollover feature for customers that decide not to dip into their stash once their term expires.

Just remember, any interest you make on this term deposit cannot be deposited into an account from another bank. 

This is also an award-winning term deposit, taking out an award for best term deposit in the 2023 Mozo Experts Choice Awards.  

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Who is it good for

This term deposit could be a good option for anyone looking to lock their funds away between 3 and 12 months and receive a solid interest rate in return.

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Any catches

For savers with a lump sum of under $5,000, rates are as low as 4.40%, so it may be worth considering another option.

Details

Rates and fees information correct as at 25 February 2024. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

4.40% p.a. ($2,000 to $4,999)

4.40% p.a. ($5,000 to $1,000,000)

4.70% p.a. ($5,000 to $1,000,000)

4.75% p.a. ($5,000 to $1,000,000)

5.20% p.a. ($5,000 to $1,000,000)

4.80% p.a. ($5,000 to $1,000,000)

4.65% p.a. ($5,000 to $1,000,000)

Other financial bits

$2,000.00

$1,000,000.00

Features

no

yes

none

none

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

Details

Rates and fees information correct as at 25 February 2024. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

4.55% p.a. ($10,000 to $1,000,000)

4.70% p.a. ($10,000 to $1,000,000)

4.90% p.a. ($10,000 to $1,000,000)

Other financial bits

$10,000.00

$1,000,000.00

Features

no

yes

none

none

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

Customer Reviews

How are Qudos Bank term deposits rated by the Mozo community?

Overall
Price
Features
Customer service
Convenience
Trust

Latest reviews of Qudos Bank Term Deposit

About Qudos Bank

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4.75% p.a.

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Yes up to $250,000

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Judo Bank

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5.10% p.a.

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Yes up to $250,000

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Rabobank

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4.75% p.a.

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Yes up to $250,000

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Judo Bank

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5.10% p.a.

$1,000.00

Yes up to $250,000

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Rabobank

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4.75% p.a.

$1,000.00

Yes up to $250,000

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Judo Bank

Term Deposit

5.10% p.a.

$1,000.00

Yes up to $250,000

Thumbnail icon for Rabobank
Rabobank

Term Deposit

4.75% p.a.

$1,000.00

Yes up to $250,000

Thumbnail icon for Judo Bank
Judo Bank

Term Deposit

5.10% p.a.

$1,000.00

Yes up to $250,000

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Rabobank

Term Deposit

4.75% p.a.

$1,000.00

Yes up to $250,000

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