What is Bank of Queensland's current term deposit rate?

As of 2026-08-15, Bank of Queensland's term deposit rates ranged up to 5.10% p.a. depending on the term. See the full table above, and confirm the current rate on Bank of Queensland's official site before opening an account.

What is the minimum deposit for a Bank of Queensland term deposit?

Bank of Queensland's minimum term deposit is generally around $1,000, though this can vary by term and product. Confirm on their official site.

Bank of Queensland Term Deposit Rates (2026-08-22)

Rates shown may include promotional offers and can change without notice — confirm the current rate on the provider's site before acting. How we source rates

Term	Interest Rate (p.a.)	Min. Deposit
12 months	5.10% — Sources ranged from 5.10% to 5.25% for this term — confirm current rate before acting	$1,000

Source: BOQ term deposit rates

Notes on Bank of Queensland's rates

Minimum deposit $1,000, retail product capped around $250,000. Only a 12-month figure was found, and sources disagreed by up to 0.15 percentage points — treat this as an approximate lower bound.

Interest Payment Options

Bank of Queensland's interest payment options: At maturity. Interest paid at maturity typically offers the headline rate; opting for monthly or quarterly payments can reduce the effective rate slightly, since you're accessing your returns sooner.

How Bank of Queensland Compares

Term deposit rates move independently between banks, so it's worth checking a few options before committing. See how Bank of Queensland stacks up against other providers:

Or use our full comparison table to see every bank side by side, or the term deposit calculator to estimate your returns.