---
title: "Term Deposit 24 Month — QBANK"
description: "Term Deposits from QBANK. Rates, fees, features and eligibility as published under Australia's Consumer Data Right."
canonical: https://www.cdrcompare.au/brands/qbank/products/I24_Term_24
source: "CDR Compare"
language: en-AU
last_updated: 2026-05-11T19:46:01.000+10:00
---

# Term Deposit 24 Month — QBANK

> Term Deposits from QBANK. Rates, fees, features and eligibility as published by the provider under Australia's Consumer Data Right, compared on CDR Compare.

**Term Deposits**

A great way to grow your money safely and securely.

## At a glance

- **Fixed rate:** 4.8% (2 years)

## Apply

Applications are handled by the provider: [Apply at QBANK](https://www.qbank.com.au/products/accounts/term-deposits)

## Deposit rates

| Type | Rate | Applies to | Interest paid |
| --- | --- | --- | --- |
| Fixed · 2 years | 4.2% | Term Deposit 24 Month_Tier_1; Term Deposit 24 Month_Tier_1 | at maturity |
| Fixed · 2 years | 4.4% | Term Deposit 24 Month_Tier_2; Term Deposit 24 Month_Tier_2 | at maturity |
| Fixed · 2 years | 4.6% | Term Deposit 24 Month_Tier_3; Term Deposit 24 Month_Tier_3 | at maturity |
| Fixed · 2 years | 4.8% | Term Deposit 24 Month_Tier_4; Term Deposit 24 Month_Tier_4 | at maturity |
| Fixed · 2 years | 4.05% | Term Deposit 24 Month_Tier_1; Term Deposit 24 Month_Tier_1 | every 14 days |
| Fixed · 2 years | 4.25% | Term Deposit 24 Month_Tier_2; Term Deposit 24 Month_Tier_2 | every 14 days |
| Fixed · 2 years | 4.45% | Term Deposit 24 Month_Tier_3; Term Deposit 24 Month_Tier_3 | every 14 days |
| Fixed · 2 years | 4.65% | Term Deposit 24 Month_Tier_4; Term Deposit 24 Month_Tier_4 | every 14 days |
| Fixed · 2 years | 4.05% | Term Deposit 24 Month_Tier_1; Term Deposit 24 Month_Tier_1 | monthly |
| Fixed · 2 years | 4.25% | Term Deposit 24 Month_Tier_2; Term Deposit 24 Month_Tier_2 | monthly |
| Fixed · 2 years | 4.45% | Term Deposit 24 Month_Tier_3; Term Deposit 24 Month_Tier_3 | monthly |
| Fixed · 2 years | 4.65% | Term Deposit 24 Month_Tier_4; Term Deposit 24 Month_Tier_4 | monthly |
| Fixed · 2 years | 4.2% | Term Deposit 24 Month_Tier_1; Term Deposit 24 Month_Tier_1 | every 12 months |
| Fixed · 2 years | 4.4% | Term Deposit 24 Month_Tier_2; Term Deposit 24 Month_Tier_2 | every 12 months |
| Fixed · 2 years | 4.6% | Term Deposit 24 Month_Tier_3; Term Deposit 24 Month_Tier_3 | every 12 months |
| Fixed · 2 years | 4.8% | Term Deposit 24 Month_Tier_4; Term Deposit 24 Month_Tier_4 | every 12 months |

## Features

- **No account keeping fee**
- **A guaranteed rate for terms from 3 to 60 months**
- **Earn a competitive interest rate on your investment with a minimum opening balance of $2,000 can get you started.**
- **Interest can be paid fortnightly, monthly, 12 monthly or at maturity.**
- **For deposits of $1,000,000 and over, rates are by negotiation and subject to acceptance.**
- **We'll send you a written renewal notice before your deposit matures.**
- **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 Conditions of Use.**
- **Digital banking**

## Eligibility

- **You do not have to be a member of Qbank to hold a term deposit.**

## Constraints

- **Opening balance** — $2,000.00
- **Minimum balance** — $2,000.00
- **Maximum balance** — $1,000,000.00 (For deposits of $1,000,000 and over, rates are by negotiation and subject to acceptance.)

## More information from QBANK

- [Overview](https://www.qbank.com.au/products/accounts/term-deposits)
- [Terms & conditions](https://qbank.com.au/other-content/general-information-terms-conditions/)
- [Eligibility](https://www.qbank.com.au/products/accounts/term-deposits)
- [Fees & pricing](https://www.qbank.com.au/rates-fees)

## Data provenance

- Published by QBANK under the Consumer Data Right
- Product ID: `I24_Term_24`
- Last updated by the provider: 11 May 2026
- Source payload (JSON): https://www.cdrcompare.au/api/raw/qbank/I24_Term_24
- Provider page: https://www.cdrcompare.au/brands/qbank
- CDR register entry: https://www.cdr.gov.au/find-a-provider?provider=000210

---

Source: [CDR Compare](https://www.cdrcompare.au/brands/qbank/products/I24_Term_24) — product data published by Australian data holders under the Consumer Data Right. Not financial advice; no rankings, recommendations or affiliate relationships. Always confirm details with the provider.

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