QBANK term deposit rates
9 terms published on 10 Oct 2026, best 5.45% for 12 months, from QBANK’s own Consumer Data Right feed.
QBANK at a glance
Best rate5.45%12 months · Term Deposit 12 Month
Market rankjoint #11of 77 banks by best rate · joint #9 of 75 at 1yr
6mo vs market+0.30median 5.00% · joint #4 of 73
1yr vs market+0.20median 5.25% · joint #9 of 75
Last 30 days▲9 ▼0rate changes since 10 Sep 2026
Today’s rates9 terms · read 10 Oct 2026
| Term | Rate | Rank | vs median | vs best | Last change | This rate | Min. deposit | Product |
|---|---|---|---|---|---|---|---|---|
| 3mo | 5.00% | joint #10 of 68 | +0.45 | −0.25 | ▲ +0.10 8 Oct | in effect since 8 Oct 2026 | $250,000 | Term Deposit 3 Month |
| 6mo | 5.30% | joint #4 of 73 | +0.30 | −0.15 | ▲ +0.10 8 Oct | in effect since 8 Oct 2026 | $250,000 | Term Deposit 6 Month |
| 9mo | 5.40%market best | joint #1 of 60 | +0.60 | best | ▲ +0.10 8 Oct | in effect since 8 Oct 2026 | $250,000 | Term Deposit 9 Month |
| 1yr | 5.45% | joint #9 of 75 | +0.20 | −0.15 | ▲ +0.10 8 Oct | in effect since 8 Oct 2026 | $250,000 | Term Deposit 12 Month |
| 18mo | 5.00% | joint #6 of 25 | +0.70 | −0.50 | ▲ +0.10 8 Oct | in effect since 8 Oct 2026 | $250,000 | Term Deposit 18 Month |
| 2yr | 4.90% | joint #29 of 67 | +0.20 | −0.65 | ▲ +0.10 8 Oct | in effect since 8 Oct 2026 | $250,000 | Term Deposit 24 Month |
| 3yr | 4.25% | joint #29 of 51 | −0.05 | −1.20 | ▲ +0.10 8 Oct | in effect since 8 Oct 2026 | $250,000 | Term Deposit 36 Month |
| 4yr | 4.25% | #12 of 32 | +0.25 | −1.25 | ▲ +0.10 8 Oct | in effect since 8 Oct 2026 | $250,000 | Term Deposit 48 Month |
| 5yr | 4.25% | #10 of 31 | +0.25 | −1.25 | ▲ +0.10 8 Oct | in effect since 8 Oct 2026 | $250,000 | Term Deposit 60 Month |
“Rank”, “vs median” and “vs best” compare QBANK with every bank that publishes the same term today. “This rate” is the first day our daily read showed the current rate — a rate that changed between two reads is dated to the first read that showed it.
What QBANK publishes about its products9 term deposit products · as published 10 Oct 2026
| Product | Interest paid | Min. deposit | Max. deposit | Fixed-rate terms | Links |
|---|---|---|---|---|---|
| Term Deposit 18 Month | at maturity, every 14 days, monthly, yearly | $2,000 | $9,999,999 | 1 | product page · terms · fees · eligibility |
| Term Deposit 12 Month | at maturity, every 14 days, monthly | $2,000 | $9,999,999 | 1 | product page · terms · fees · eligibility |
| Term Deposit 24 Month | at maturity, every 14 days, monthly, yearly | $2,000 | $9,999,999 | 1 | product page · terms · fees · eligibility |
| Term Deposit 9 Month | at maturity, every 14 days, monthly | $2,000 | $9,999,999 | 1 | product page · terms · fees · eligibility |
| Term Deposit 36 Month | at maturity, every 14 days, monthly, yearly | $2,000 | $9,999,999 | 1 | product page · terms · fees · eligibility |
| Term Deposit 6 Month | at maturity, every 14 days, monthly | $2,000 | $9,999,999 | 1 | product page · terms · fees · eligibility |
| Term Deposit 48 Month | at maturity, every 14 days, monthly, yearly | $2,000 | $9,999,999 | 1 | product page · terms · fees · eligibility |
| Term Deposit 3 Month | at maturity, every 14 days, monthly | $2,000 | $9,999,999 | 1 | product page · terms · fees · eligibility |
| Term Deposit 60 Month | at maturity, every 14 days, monthly, yearly | $2,000 | $9,999,999 | 1 | product page · terms · fees · eligibility |
Term Deposit 18 Month: eligibility, conditions and features
- Eligibility
- You do not have to be a member of Qbank to hold a term deposit.
- Conditions
- opening balance 2000.00; min balance 2000.00; max balance 1000000.00 — For deposits of $1,000,000 and over, rates are by negotiation and subject to acceptance.
- Features
- other — No account keeping fee; other — A guaranteed rate for terms from 3 to 60 months; other — Earn a competitive interest rate on your investment with a minimum opening balance of $2,000 can get you started.; other — Interest can be paid fortnightly, monthly, 12 monthly or at maturity.; other — For deposits of $1,000,000 and over, rates are by negotiation and subject to acceptance.; other — We'll send you a written renewal notice before your deposit matures.; other — If you want to withdraw your Term Deposit before it matures you'll need to give us 31 days' notice. A reduced rate of interest will apply in these circumstances. For full details refer to our Conditi…; digital banking
- The bank’s description
- A great way to grow your money safely and securely.
- Interest calculated
- daily
Term Deposit 12 Month: eligibility, conditions and features
- Eligibility
- You do not have to be a member of Qbank to hold a term deposit.
- Conditions
- opening balance 2000.00; min balance 2000.00; max balance 1000000.00 — For deposits of $1,000,000 and over, rates are by negotiation and subject to acceptance.
- Features
- other — No account keeping fee; other — A guaranteed rate for terms from 3 to 60 months; other — Earn a competitive interest rate on your investment with a minimum opening balance of $2,000 can get you started.; other — Interest can be paid fortnightly, monthly, 12 monthly or at maturity.; other — For deposits of $1,000,000 and over, rates are by negotiation and subject to acceptance.; other — We'll send you a written renewal notice before your deposit matures.; other — If you want to withdraw your Term Deposit before it matures you'll need to give us 31 days' notice. A reduced rate of interest will apply in these circumstances. For full details refer to our Conditi…; digital banking
- The bank’s description
- A great way to grow your money safely and securely.
- Interest calculated
- daily
Term Deposit 24 Month: eligibility, conditions and features
- Eligibility
- You do not have to be a member of Qbank to hold a term deposit.
- Conditions
- opening balance 2000.00; min balance 2000.00; max balance 1000000.00 — For deposits of $1,000,000 and over, rates are by negotiation and subject to acceptance.
- Features
- other — No account keeping fee; other — A guaranteed rate for terms from 3 to 60 months; other — Earn a competitive interest rate on your investment with a minimum opening balance of $2,000 can get you started.; other — Interest can be paid fortnightly, monthly, 12 monthly or at maturity.; other — For deposits of $1,000,000 and over, rates are by negotiation and subject to acceptance.; other — We'll send you a written renewal notice before your deposit matures.; other — If you want to withdraw your Term Deposit before it matures you'll need to give us 31 days' notice. A reduced rate of interest will apply in these circumstances. For full details refer to our Conditi…; digital banking
- The bank’s description
- A great way to grow your money safely and securely.
- Interest calculated
- daily
Term Deposit 9 Month: eligibility, conditions and features
- Eligibility
- You do not have to be a member of Qbank to hold a term deposit.
- Conditions
- opening balance 2000.00; min balance 2000.00; max balance 1000000.00 — For deposits of $1,000,000 and over, rates are by negotiation and subject to acceptance.
- Features
- other — No account keeping fee; other — A guaranteed rate for terms from 3 to 60 months; other — Earn a competitive interest rate on your investment with a minimum opening balance of $2,000 can get you started.; other — Interest can be paid fortnightly, monthly, 12 monthly or at maturity.; other — For deposits of $1,000,000 and over, rates are by negotiation and subject to acceptance.; other — We'll send you a written renewal notice before your deposit matures.; other — If you want to withdraw your Term Deposit before it matures you'll need to give us 31 days' notice. A reduced rate of interest will apply in these circumstances. For full details refer to our Conditi…; digital banking
- The bank’s description
- A great way to grow your money safely and securely.
- Interest calculated
- daily
Term Deposit 36 Month: eligibility, conditions and features
- Eligibility
- You do not have to be a member of Qbank to hold a term deposit.
- Conditions
- opening balance 2000.00; min balance 2000.00; max balance 1000000.00 — For deposits of $1,000,000 and over, rates are by negotiation and subject to acceptance.
- Features
- other — No account keeping fee; other — A guaranteed rate for terms from 3 to 60 months; other — Earn a competitive interest rate on your investment with a minimum opening balance of $2,000 can get you started.; other — Interest can be paid fortnightly, monthly, 12 monthly or at maturity.; other — For deposits of $1,000,000 and over, rates are by negotiation and subject to acceptance.; other — We'll send you a written renewal notice before your deposit matures.; other — If you want to withdraw your Term Deposit before it matures you'll need to give us 31 days' notice. A reduced rate of interest will apply in these circumstances. For full details refer to our Conditi…; digital banking
- The bank’s description
- A great way to grow your money safely and securely.
- Interest calculated
- daily
Term Deposit 6 Month: eligibility, conditions and features
- Eligibility
- You do not have to be a member of Qbank to hold a term deposit.
- Conditions
- opening balance 2000.00; min balance 2000.00; max balance 1000000.00 — For deposits of $1,000,000 and over, rates are by negotiation and subject to acceptance.
- Features
- other — No account keeping fee; other — A guaranteed rate for terms from 3 to 60 months; other — Earn a competitive interest rate on your investment with a minimum opening balance of $2,000 can get you started.; other — Interest can be paid fortnightly, monthly, 12 monthly or at maturity.; other — For deposits of $1,000,000 and over, rates are by negotiation and subject to acceptance.; other — We'll send you a written renewal notice before your deposit matures.; other — If you want to withdraw your Term Deposit before it matures you'll need to give us 31 days' notice. A reduced rate of interest will apply in these circumstances. For full details refer to our Conditi…; digital banking
- The bank’s description
- A great way to grow your money safely and securely.
- Interest calculated
- daily
Term Deposit 48 Month: eligibility, conditions and features
- Eligibility
- You do not have to be a member of Qbank to hold a term deposit.
- Conditions
- opening balance 2000.00; min balance 2000.00; max balance 1000000.00 — For deposits of $1,000,000 and over, rates are by negotiation and subject to acceptance.
- Features
- other — No account keeping fee; other — A guaranteed rate for terms from 3 to 60 months; other — Earn a competitive interest rate on your investment with a minimum opening balance of $2,000 can get you started.; other — Interest can be paid fortnightly, monthly, 12 monthly or at maturity.; other — For deposits of $1,000,000 and over, rates are by negotiation and subject to acceptance.; other — We'll send you a written renewal notice before your deposit matures.; other — If you want to withdraw your Term Deposit before it matures you'll need to give us 31 days' notice. A reduced rate of interest will apply in these circumstances. For full details refer to our Conditi…; digital banking
- The bank’s description
- A great way to grow your money safely and securely.
- Interest calculated
- daily
Term Deposit 3 Month: eligibility, conditions and features
- Eligibility
- You do not have to be a member of Qbank to hold a term deposit.
- Conditions
- opening balance 2000.00; min balance 2000.00; max balance 1000000.00 — For deposits of $1,000,000 and over, rates are by negotiation and subject to acceptance.
- Features
- other — No account keeping fee; other — A guaranteed rate for terms from 3 to 60 months; other — Earn a competitive interest rate on your investment with a minimum opening balance of $2,000 can get you started.; other — Interest can be paid fortnightly, monthly, 12 monthly or at maturity.; other — For deposits of $1,000,000 and over, rates are by negotiation and subject to acceptance.; other — We'll send you a written renewal notice before your deposit matures.; other — If you want to withdraw your Term Deposit before it matures you'll need to give us 31 days' notice. A reduced rate of interest will apply in these circumstances. For full details refer to our Conditi…; digital banking
- The bank’s description
- A great way to grow your money safely and securely.
- Interest calculated
- daily
Term Deposit 60 Month: eligibility, conditions and features
- Eligibility
- You do not have to be a member of Qbank to hold a term deposit.
- Conditions
- opening balance 2000.00; min balance 2000.00; max balance 1000000.00 — For deposits of $1,000,000 and over, rates are by negotiation and subject to acceptance.
- Features
- other — No account keeping fee; other — A guaranteed rate for terms from 3 to 60 months; other — Earn a competitive interest rate on your investment with a minimum opening balance of $2,000 can get you started.; other — Interest can be paid fortnightly, monthly, 12 monthly or at maturity.; other — For deposits of $1,000,000 and over, rates are by negotiation and subject to acceptance.; other — We'll send you a written renewal notice before your deposit matures.; other — If you want to withdraw your Term Deposit before it matures you'll need to give us 31 days' notice. A reduced rate of interest will apply in these circumstances. For full details refer to our Conditi…; digital banking
- The bank’s description
- A great way to grow your money safely and securely.
- Interest calculated
- daily
Every line is the bank’s own statement in its feed, read that day — nothing is inferred. Early-withdrawal terms appear under conditions or features when a bank states them.
Rate historyevery sweep day since 26 Aug 2026 · 46 days · 9 terms
3mo 5.00% today
26 Aug 202610 Oct 2026
6mo 5.30% today
26 Aug 202610 Oct 2026
1yr 5.45% today
26 Aug 202610 Oct 2026
2yr 4.90% today
26 Aug 202610 Oct 2026
3yr 4.25% today
26 Aug 202610 Oct 2026
5yr 4.25% today
26 Aug 202610 Oct 2026
All 9 terms — the other 3
9mo 5.40% today
26 Aug 202610 Oct 2026
18mo 5.00% today
26 Aug 202610 Oct 2026
4yr 4.25% today
26 Aug 202610 Oct 2026
Each line is the best retail rate QBANK published for that term on each day we read its feed. A break in the line is a day we read no rate for that term — the feed could not be read, or the bank did not publish that term that day — never a rate carried forward.
Where QBANK sitsagainst the 77 banks ranked today
1yr: 8 banks ahead
- Community First Bank 5.60%
- Dnister Bank 5.55%
- Heartland Bank 5.55%
- Unity Bank 5.50%
- Alex Bank 5.50%
- Bank Australia 5.50%
- and 2 more on the leaderboard
6mo: 3 banks ahead
- Heartland Bank 5.45%
- RACQ Bank 5.45%
- Unity Bank 5.35%
Customer-owned banks52 banks · top 10 by best rate
| Bank | Best | Term | 6 m | 12 m | Market rank |
|---|---|---|---|---|---|
 Community First Bank | 5.60% | 1yr | 5.10% | 5.60% | #1 |
 Dnister Bank | 5.55% | 1yr | 5.30% | 5.55% | #2 |
| Unity Bank | 5.55% | 2yr | 5.35% | 5.50% | #2 |
 Bank Australia | 5.50% | 1yr | 5.30% | 5.50% | #5 |
 Bank First | 5.50% | 1yr | 5.30% | 5.50% | #5 |
 Qudos Bank | 5.50% | 1yr | 5.30% | 5.50% | #5 |
 Great Southern Bank | 5.45% | 1yr | 4.55% | 5.45% | #11 |
 People First Bank | 5.45% | 7mo | 5.00% | 5.20% | #11 |
 Police Credit Union | 5.45% | 11mo | 5.00% | 5.25% | #11 |
| QBANK | 5.45% | 1yr | 5.30% | 5.45% | #11 |
Timeline9 rate changes since 26 Aug 2026 · ▲9 ▼0 · 1 event
| Date | Term | From → to | Δ |
|---|---|---|---|
| 8 Oct 2026 | 3mo | 4.90 → 5.00 | ▲ +0.10 |
| 8 Oct 2026 | 6mo | 5.20 → 5.30 | ▲ +0.10 |
| 8 Oct 2026 | 9mo | 5.30 → 5.40 | ▲ +0.10 |
| 8 Oct 2026 | 1yr | 5.35 → 5.45 | ▲ +0.10 |
| 8 Oct 2026 | 18mo | 4.90 → 5.00 | ▲ +0.10 |
| 8 Oct 2026 | 2yr | 4.80 → 4.90 | ▲ +0.10 |
| 8 Oct 2026 | 3yr | 4.15 → 4.25 | ▲ +0.10 |
| 8 Oct 2026 | 4yr | 4.15 → 4.25 | ▲ +0.10 |
| 8 Oct 2026 | 5yr | 4.15 → 4.25 | ▲ +0.10 |
| 30 Sep 2026 | RBA | RBA cash rate 4.60% — up 0.25 pointsReserve Bank decision effective 2026-09-30: cash rate target 4.60%, a rise of 0.25 percentage points. | |
Questions about these rates
What is QBANK’s best term deposit rate today?
On 10 Oct 2026, the best retail term deposit rate QBANK publishes in its Consumer Data Right feed is 5.45% for 12 months (Term Deposit 12 Month). That is joint #11 of the 77 Australian banks ranked by best rate today.
What is QBANK’s 12-month term deposit rate?
5.45% as read on 10 Oct 2026, 0.20 points above the market median of 5.25%, and joint #9 of the 75 banks publishing a 12-month rate. The market-best 12-month rate today is 5.60%.
What is the minimum deposit at QBANK?
The lowest minimum QBANK states in its feed is $250,000 (Term Deposit 3 Month, 3-month). Check the product disclosure statement for balance tiers.
When did QBANK last change a term deposit rate?
The most recent change we read was on 8 Oct 2026: the 3-month rate moved from 4.90% to 5.00%. We have read 9 changes at QBANK since 26 Aug 2026.
Are deposits with QBANK guaranteed?
QBANK publishes its products under the Consumer Data Right as an Australian data holder. Under the Financial Claims Scheme, administered by APRA, protected Australian-dollar deposit accounts at an Australian-incorporated authorised deposit-taking institution (ADI) are covered up to $250,000 per account holder per ADI. Several brands can share one ADI licence, in which case the cap covers them together, so confirm which licence QBANK operates under before relying on the guarantee. Scheme facts checked against apra.gov.au (Financial Claims Scheme) on 15 Sep 2026 — the link is under “About QBANK” below; rates are as read on 10 Oct 2026.
About QBANK
- Type
- Customer-owned bank (mutual)
- Website
- www.qbank.com.au
- Consumer Data Right feed
- https://banking.qbank.com.au/openbanking
- Deposit guarantee
- Financial Claims Scheme, up to $250,000 per account holder per ADI — scheme details and covered institutions at APRA (checked 15 Sep 2026)
The rates on this page are the retail term deposit rates QBANK publishes in its own Consumer Data Right product feed, read once a day. Business, SMSF and staff-only products are left out. A product the bank publishes as “tailored” (pricing may be negotiated) is included only when the bank also states it is open to individuals, and is marked as tailored. A day on which we read no rate is a gap on this page — never an estimate.
Facts about the institution reviewed 15 Sep 2026. Rates read 10 Oct 2026.
Savings accountshighinterestsavingsaccounts.org
QBANK has no savings account on today’s board at highinterestsavingsaccounts.org, our sister site for at-call savings rates.
Please note: the savings figures on this page are estimates only and may not reflect the return you actually receive. Actual returns vary with tax, fees, the interest payment frequency and any change the bank makes to a rate before you open the account. Rates are the bank’s own published Consumer Data Right figures and may differ for particular balance tiers or online-only products. Always read the product disclosure statement, confirm the rate with the bank, and consider your own circumstances. Nothing here is financial advice or a recommendation. This site is published by Nutshell Media Pty Ltd, which is not affiliated with any bank, credit union or building society.