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Be rewarded for your savings

Fatten your kitty with our 24 month Term Deposit! Not only will you get the benefit of a highly competitive rate, you’ll also enjoy $0 bank fees and the option to have interest paid monthly. Have peace of mind knowing your Term Deposit is protected under the Financial Claims Scheme up to $250,000 per Qudos Bank customer.

2.85% pa
Interest Rate*

for 24 months


New to Qudos Bank?

Complete the form below and we'll be in touch to help set up your account.

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Already have an account?

Open your Term Deposit today through your Online Banking

Open Term Deposit


Features & Benefits

  • $0 account keeping fees
  • Guaranteed returns
  • Have $50,000 in deposits and/or loans and receive a $100 transaction allowance per month to use at any ATM in Australia^
  • Interest calculated daily
  • Option to have the interest paid monthly or annually and at maturity
  • Other terms available for 3 months to 3 years

 

Calculate your savings


 

View all Term Deposit rates

  View our $10,000 and over interest rate tiers
Term Interest Rate
3 month 2.50% pa
5 month 2.50% pa
6 month 2.60% pa
7 month 2.60% pa
9 month 2.70% pa
11 month 2.70% pa
12 month 2.70% pa
24 month 2.85% pa
36 month 3.00% pa
  View our $5,000 to $9,999.99 interest rate tiers
Term Interest Rate
3 month 1.75% pa
6 month 1.75% pa
9 month 1.75% pa
12 month 1.75% pa
24 month 2.00% pa
36 month 2.00% pa
  View our $2,000 to $4,999.99 interest rate tiers
Term Interest Rate
3 month 1.05% pa

 

  Important Information

*Rate only available for deposits of $10,000 to $1 million, call us if you’d like to apply for a higher term deposit amount on 1300 747 747.

^Debit transactions are included in the transaction allowance for the primary owner’s membership.
$50 free transaction allowance applies for loan and deposit balances of $10,000 or more. The allowance will reduce if total balances fall below $10,000. A higher allowance applies for balances of $25,000 or more. Refer to the Fees and Charges brochure for more information.

Before opening an account with us, you should read our Terms and Conditions for Savings Accounts and Payment Services and Financial Services Guide.

Rates current as at 19 October 2017.