Over on the best interest rates for savings page: Compare the best savings account rates, highest interest rate on instant access and term deposits I don't normally look at the 4 year fixed term deposit savings accounts as they're usually less than the 5 and often lower than the 3, today however I noticed that Bank of Queensland were offering 5% for 4 years, that's equal to the highest rate currently available for 5 years, see all of BOQ's term deposits interest rates here:

Term Deposit interest rates - Bank of Queensland - the show full table links on BOQ's website doesn't seem to work.

Current special rates $5,000 to $249,999

Term Term in Days Interest rate (% p.a.)
3 months 89 - 119 4.10*
6 months 181 - 211 4.10*
9 months 273 - 302 4.10*
12 months 365 - 729 4.00*
24 months 730 - 1094 4.25*
36 months 1095 - 1459 4.20*
48 months 1460 - 1826 5.00*



All term deposit rates

Term in months Term in Days $1,000 to
$4,999
$5,000 to
$249,999
Less than 1 1 - 27 0.30 1.20
1 less than 2 28 - 58 0.40 3.35
2 less than 3 59 - 88 1.00 3.35
3 less than 4 89 - 119 1.00 4.10*
4 less than 5 120 - 149 1.10 3.35
5 less than 6 150 - 180 1.10 3.35
6 less than 7 181 - 211 1.10 4.10*
7 less than 8 212 - 241 1.10 3.35
8 less than 9 242 - 272 1.10 3.35
9 less than 10 273 - 302 1.20 4.10*
10 less than 11 303 - 333 1.20 3.35
11 less than 12 334 - 364 1.20 3.35
12 less than 24 365 - 729 1.25 4.00*
24 less than 36 730 - 1094 1.25 4.25*
36 less than 48 1095 - 1459 1.25 4.30*
48 less than 60 1460 - 1826 1.25 5.00*

All rates are quoted per annum. Minimum investment amount and account balance is $1,000. Interest is calculated daily and paid at the end of the investment term or, in the case of investments longer than 12 months, paid annually.

* indicates a special rate.

  • Negotiable rates are available for amounts over $250,000. Contact your local branch or call our Australian based Customer Contact Centre on 1300 55 72 72.
  • If you choose to receive your interest payments on a monthly basis, the applicable interest rates will be 0.25% p.a. less than the end of term interest rate quoted above, excluding rates for less than 1 monthwhich are quoted in the table above.
  • If you invest between $25,000 and $250,000 and you are a Home Loan Privileges Package customer, you can receive bonus interest of 0.25% p.a. in addition to the rates quoted above. The bonus interest isnot available in conjunction with any other bonus interest rate offer or on Special rates. Please apply at your local branch.
  • Eligible Bank of Queensland shareholders receive 0.25% p.a. bonus interest in addition to the rates quoted above for amounts between $25,000 and $250,000. The bonus interest is not available in conjunction with any other bonus interest rate offer or on Special Rates.
  • If you withdraw your funds before the end of your investment term, an interest adjustment will apply and you will sacrifice some of the interest that you would have received.