Finty
Bank of Queensland

Bank of Queensland MyBOQ Term Deposit

6 termsFixed rate

A term deposit from Bank of Queensland, paying up to 5.30% a year, with 6 terms to choose from.

Minimum deposit
$5,000
Maximum deposit
Not published
Terms offered
6

Rate a year, up to

For 1 year

Open account

Rates by term

TermInterest paidRate a year
3 monthsAt maturity4.95%
4 monthsAt maturity5.00%
6 monthsAt maturity5.20%
7 monthsAt maturity5.15%
9 monthsAt maturity5.15%
1 yearAt maturity5.30%

Deposit amount on every term: From $5,000.

How it compares

Against the other 1 year term deposits we compare. Typical means the middle half of them.

1 year rate

5.30%

A typical 1 year rate is 5.25%.

Minimum deposit

$5,000

A typical minimum is $2,000.

Pros and cons

Pros

  • Plenty of terms. 6 terms to choose from, so you can match the term to when you'll need the money.

Cons

  • Your money is locked in. Taking it out early usually needs 31 days' notice and earns less interest.

Similar term deposits

Term deposits from other banks that pay a similar rate for the same term.