9 Month Term Deposit
Investment of $100,000 - $249,000
9 Month Term Deposit
Investment of $250,000 - $1,000,000
A term deposit allows you to invest an amount of money for a set amount of time at a fixed interest rate. This fixed interest rate remains constant throughout the term of the deposit, regardless of fluctuating interest rates, providing you with a predictable return on your investment. Term deposits are a safe and stable way to grow your savings.
With our Term Deposits, you'll enjoy the peace of mind that comes with a fixed interest rate. Your returns are predictable, ensuring your investment grows steadily over time . Keep in mind if you choose to redeem your term deposit before it’s due to mature, there will be an interest rate adjustment.
Choose an investment term that aligns with your goals. Whether it's a short-term commitment of three months or a longer horizon of up to five years, we've got you covered.
Tailor your experience with our variety of interest payment options. See the table below for a variety of terms and payment options.
We believe in simplicity and transparency. That's why we don't burden you with monthly account keeping fees. Your returns are all yours to enjoy.
Interest is calculated on your principal daily, ensuring you make the most of your investment every single day.
Rest easy knowing your combined deposits are Australian Government guaranteed up to $250,000. Your money is in safe hands.
You can start your journey with just $2,000, giving you the opportunity to invest and watch your savings grow.
Members and Non-Members: Our Term Deposits are open to both QBANK Members and Non-Members. Whether you're already part of the QBANK family or new to our services, you can take advantage of a term deposit.
Rates based on interest paid at maturity/annually
The table below lists our current rates for different investment terms and amounts. When considering a term deposit, it’s important to note:
| Term | $2,000 - $9,999 | $10,000 - $99,999 | $100,000 - $249,000 | $250,000 - $1,000,000 |
| 3 Months | 3.85% PA | 4.05% PA | 4.25% PA | 4.45% PA |
| 6 Months | 4.30% PA | 4.50% PA | 4.70% PA | 4.90% PA |
| 9 Months | 4.35% PA | 4.55% PA | 4.75% PA | 4.95% PA |
| 12 Months | 4.30% PA | 4.50% PA | 4.70% PA | 4.90% PA |
| 18 Months | 4.00% PA | 4.20% PA | 4.40% PA | 4.60% PA |
| 24 Months | 3.85% PA | 4.05% PA | 4.25% PA | 4.45% PA |
| 36 Months | 3.65% PA | 3.85% PA | 4.05% PA | 4.25% PA |
| 48 Months | 3.60% PA | 3.80% PA | 4.00% PA | 4.20% PA |
| 60 Months | 3.60% PA | 3.80% PA | 4.00% PA | 4.20% PA |
Monthly and fortnightly interest payments are available on all terms up to 60 months at 0.15% p.a. less than the interest rates listed in the table above.
Eligibility criteria, terms and conditions, fees and charges apply.
Interest rates current as at 29 February 2024 and are subject to change without notice.
Minimum deposit of $2,000 applies. Interest (at your chosen frequency) is paid from your Term Deposit to your nominated bank account. For amounts over $1,000,000, please contact us on 13 77 28 for rates and availability. If your Term Deposit is set to reinvest, it will continue to reinvest until you advise otherwise. Interest rates are subject to change at any time. If you withdraw your Term Deposit before maturity, you may need to give us 31 days’ notice. Early redemption fees apply which includes an interest rate reduction.
Target Market Determination is available here.
