RateCity.com.au
  1. Home
  2. Term Deposits
  3. Qudos Bank
  4. Term Deposit

Term Deposit

  • 3 months
  • Automatic maturity rollover
  • Joint application available

Interest rate

4.50%

Maximum rate

5.00%

for 12 months

Term Deposit

  • 3 months
  • Automatic maturity rollover
  • Joint application available

Interest rate

4.50%

Maximum rate

5.00%

for 12 months

Pros and Cons

For Term Deposit

Benefits

  • Automatic maturity rollover

Drawbacks

  • Interest cannot be paid to other institution
  • 31 days notice to withdraw funds before maturity and interest rate adjustment will apply to interest earned on funds

Qudos Bank Rate Term Deposit overview

For Term Deposit

Features

Min deposit

$10,000

Automatic maturity rollover

Maturity alert by phone

Maturity alert by email

Joint application available

Minimum age requirement

Notice period to withdraw

31

Is covered by government guarantee

Target Market Determination

Visit Qudos Mutual Limited T/A Qudos Bank to view Target Market Determination.

Interest

Interest calculation frequency

Daily

Interest payment frequency options

Annually, At Maturity, Monthly

Interest payment via other institution

Interest payment method

Direct Credit, Rollover on maturity

Fees

Account keeping fee

$0

Early withdrawal fee

Rates

TermRates on deposit of ($2,000 - $4,999)Rates on deposit of ($5,000 - $9,999)Rates on deposit of ($10,000 - $99,999,999)
3 months4.50%4.50%4.50%
6 months4.85%4.85%
9 months4.90%4.90%
1 year5.00%5.00%
2 years4.70%4.70%
3 years4.50%4.50%