Qudos Bank term deposit rates
- Top 5 at 12 months
- Above the median at every term
- Led 12-month rates in September 2026
- Raised rates in September 2026
6 terms published on 10 Oct 2026, best 5.50% for 12 months, from Qudos Bank’s own Consumer Data Right feed.
Qudos Bank at a glance
Today’s rates6 terms · read 10 Oct 2026
| Term | Rate | Rank | vs median | vs best | Last change | This rate | Min. deposit | Product |
|---|---|---|---|---|---|---|---|---|
| 3mo | 5.10% | joint #2 of 68 | +0.55 | −0.15 | ▲ +0.05 23 Sep | in effect since 23 Sep 2026 | $500 | Term Deposits |
| 6mo | 5.30% | joint #4 of 73 | +0.30 | −0.15 | ▲ +0.10 2 Sep | in effect since 2 Sep 2026 | $500 | Term Deposits |
| 9mo | 5.30% | joint #5 of 60 | +0.50 | −0.10 | ▲ +0.20 23 Sep | in effect since 23 Sep 2026 | $500 | Term Deposits |
| 1yr | 5.50% | joint #4 of 75 | +0.25 | −0.10 | ▲ +0.10 16 Sep | in effect since 16 Sep 2026 | $500 | Term Deposits |
| 2yr | 5.40% | joint #4 of 67 | +0.70 | −0.15 | ▲ +0.30 23 Sep | in effect since 23 Sep 2026 | $500 | Term Deposits |
| 3yr | 5.40% | joint #2 of 51 | +1.10 | −0.05 | ▲ +0.40 23 Sep | in effect since 23 Sep 2026 | $500 | Term Deposits |
“Rank”, “vs median” and “vs best” compare Qudos Bank 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 Qudos Bank publishes about its products1 term deposit product · as published 10 Oct 2026
| Product | Interest paid | Min. deposit | Max. deposit | Fixed-rate terms | Links |
|---|---|---|---|---|---|
| Term Deposits | quarterly (at maturity), half-yearly (at maturity), monthly, every 9 months (at maturity), yearly (at maturity), yearly | $500 | no upper limit | 6 | product page · terms · fees · eligibility |
Term Deposits: eligibility, conditions and features
- Eligibility
- residency: Australian Resident — This product is only available to members who have a residential address in Australia.
- Conditions
- min balance 5000.00 — The minimum term deposit for standard term deposit products except for 3 month terms.; min balance 2000.00 — The minimum balance for 3 month standard term deposit product only; min balance 10000.00 — The minimum balance for special term deposits products only
- Features
- digital banking — Our secure Online Banking & Mobile App services mean access to your accounts 24 hours a day, seven days a week.; notifications: Term Deposit certificates issued at opening and renewal dates. Maturity letters…
- The bank’s description
- Choose from some of our most popular interest rates below, or call our team to discuss term deposit options up to 36 months. Once you have selected your term, your funds are invested for the time you have chosen.
- 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 · 6 terms
3mo 5.10% today
26 Aug 202610 Oct 2026
6mo 5.30% today
26 Aug 202610 Oct 2026
9mo 5.30% today
26 Aug 202610 Oct 2026
1yr 5.50% today
26 Aug 202610 Oct 2026
2yr 5.40% today
26 Aug 202610 Oct 2026
3yr 5.40% today
26 Aug 202610 Oct 2026
Each line is the best retail rate Qudos Bank 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 Qudos Bank sitsagainst the 77 banks ranked today
1yr: 3 banks ahead
- Community First Bank 5.60%
- Dnister Bank 5.55%
- Heartland Bank 5.55%
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 |
Timeline8 rate changes since 26 Aug 2026 · ▲8 ▼0 · 1 event
| Date | Term | From → to | Δ |
|---|---|---|---|
| 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. | |
| 23 Sep 2026 | 3yr | 5.00 → 5.40 | ▲ +0.40 |
| 23 Sep 2026 | 2yr | 5.10 → 5.40 | ▲ +0.30 |
| 23 Sep 2026 | 9mo | 5.10 → 5.30 | ▲ +0.20 |
| 23 Sep 2026 | 3mo | 5.05 → 5.10 | ▲ +0.05 |
| 16 Sep 2026 | 1yr | 5.40 → 5.50 | ▲ +0.10 |
| 9 Sep 2026 | 1yr | 5.35 → 5.40 | ▲ +0.05 |
| 2 Sep 2026 | 6mo | 5.20 → 5.30 | ▲ +0.10 |
| 2 Sep 2026 | 1yr | 5.25 → 5.35 | ▲ +0.10 |
Questions about these rates
What is Qudos Bank’s best term deposit rate today?
On 10 Oct 2026, the best retail term deposit rate Qudos Bank publishes in its Consumer Data Right feed is 5.50% for 12 months (Term Deposits). That is joint #5 of the 77 Australian banks ranked by best rate today.
What is Qudos Bank’s 12-month term deposit rate?
5.50% as read on 10 Oct 2026, 0.25 points above the market median of 5.25%, and joint #4 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 Qudos Bank?
The lowest minimum Qudos Bank states in its feed is $500 (Term Deposits, 3-month). Check the product disclosure statement for balance tiers.
When did Qudos Bank last change a term deposit rate?
The most recent change we read was on 23 Sep 2026: the 36-month rate moved from 5.00% to 5.40%. We have read 8 changes at Qudos Bank since 26 Aug 2026.
Are deposits with Qudos Bank guaranteed?
Qudos Bank 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 Qudos Bank 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 Qudos Bank” below; rates are as read on 10 Oct 2026.
About Qudos Bank
- Type
- Customer-owned bank (mutual)
- Part of
- Bank Australia Ltd (Qudos Bank’s business transferred 1 July 2025; both brands continue)
- Website
- www.qudosbank.com.au
- Consumer Data Right feed
- https://public.cdr.qudosbank.com.au
- 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 Qudos Bank 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 accounts at Qudos Bankhighinterestsavingsaccounts.org
A savings account keeps the money at call, but its rate can change at any time and its best rate usually has monthly conditions. A term deposit locks one rate for its term. Both figures come from the bank’s own feed.
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.