The QBANK Term Deposit 12 Month pays up to 5.35% p.a. as of 18 September 2026, over a 12-month term, 18th of 590 12-month deposits tracked by BankMate. Interest is paid at maturity or monthly, from a $2,000 deposit. Its rates last changed on 22 August 2026.
5.35%p.a. · 1 year
interest at maturity or monthly; from $2,000
Early withdrawal is not allowed.
Rates over time
Best rate per term- 1 year
- RBA cash rate
- Market average · 12-month deposits
Changes
2 changes since 9 Apr 2026- Term Deposit 12 Month · 12 terms up 0.10+0.10
- 12-month 5.25 → 5.35
- 12-month 5.10 → 5.20
- 12-month 5.10 → 5.20
- 12-month 5.05 → 5.15
- 12-month 4.90 → 5.00
- 12-month 4.90 → 5.00
- 12-month 4.85 → 4.95
- 12-month 4.70 → 4.80
- 12-month 4.70 → 4.80
- 12-month 4.65 → 4.75
- 12-month 4.50 → 4.60
- 12-month 4.50 → 4.60
- Term Deposit 12 Month · 12 terms up 0.156 days after the RBA rise to 4.35%+0.15
- 12-month 5.10 → 5.25
- 12-month 4.95 → 5.10
- 12-month 4.95 → 5.10
- 12-month 4.90 → 5.05
- 12-month 4.75 → 4.90
- 12-month 4.75 → 4.90
- 12-month 4.70 → 4.85
- 12-month 4.55 → 4.70
- 12-month 4.55 → 4.70
- 12-month 4.50 → 4.65
- 12-month 4.35 → 4.50
- 12-month 4.35 → 4.50
Rates by term
Ranked within each term- 1 year
- 5.35% · #18 of 590 12-month deposits
Deposit
- Minimum deposit
- $2,000
- Maximum deposit
- $9,999,999
Interest
- Paid
- At maturity or Monthly
- Compounding
- monthly
Early withdrawal
- Before maturity
- Not allowed
About this product
A great way to grow your money safely and securely.