We currently don't have that product, but here are others to consider:
How we picked theseThe Finder Score is a simple score out of 10. The higher a savings account's score, the better we think it is for the average customer.
We score each savings account in our database of hundreds based on a data-driven methodology with 2 main criteria: Does the account offer a high interest rate? And is it easy for savers to actually earn that rate?
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We currently don't have that product, but here are others to consider:
How we picked theseWe assess multiple product features for transaction accounts from over 100 providers and assign each product a score out of 10.
Looking for a better bank account?
Compare everyday accounts and find one that works harder for you.
We currently don't have that product, but here are others to consider:
How we picked theseFinder Score assigns Term Deposit products a score out of 10, comparing interest rates and features, to make comparison easier. We assess over 150 products from more than 90 providers, assessing products across different terms to determine an average score per product.
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Based on Bendigo Bank bank account scores in Finder's 2024 & 2025 Customer Satisfaction Awards.
Applying online for a new bank account is fast and easy. You'll need identity documents such as your driving licence or passport. For more about the process, check out our full guide to opening an account online.
Lock in a fixed rate on a range of term lengths between 1 month and 5 years for deposits of $5,000 or more.
Find out how the Bendigo Bank Easy Retirement account lives up to its name by making retirement saving easier.
Meet your saving goals easily with a simple to use account that provides a competitive interest rate.
With the PiggySaver Account a child can start turning small change into dollars.
Study stress-free with a Student Account that takes care of all of your financial needs without charging you for it.
Your organisation’s money can earn interest through the Bendigo Bank Trust Account and no monthly fees.
Bendigo Bank term deposits can give you easy means to save for a short or long term goal. Though, you can find other similar offerings out there, so compare a few before deciding.
Hello B.B
With the “Bendigo Bank Reward Saver (for 31 years old or over)”
1. How often is the interest calculated on the above account and how often is interest deposited back into the account
2. could I have two of these “Bendigo Bank Reward Saver (for 31 years old or over)” I.e when balance is nearing $100K instead of going back to a base rate can one just open a second account?
Hi John, you’ve reached Finder, not Bendigo Bank.
The interest is calculated daily and paid monthly. You can only have one Reward Saver account open in your name.
Thanks,
Alison
How is the term deposit it says 3.5 % then interest then higher the longer you leave it there. when is the interest paid into the account. Can i deposit and with draw at any time
Hi Ian, term deposits will often offer a higher rate on longer term lengths. This is because you need to lock your money away for longer. When you’ve opened a term deposit, you can’t deposit or withdraw money until the term length has ended. The interest rates on this page are for interest being paid at maturity of the term.
if i withdraw cash from yr atm ie$1500 with a qudos card how much is your fee ?
Hi,
Bendigo bank doesn’t specify the charge for external customers using their ATMs. You could confirm the charge by calling them directly on 1300 236 344, or you can also see the fee on the ATM screen itself before you confirm your transaction.
I hope this helps.
Best,
Alison
My bank is changing the name of its Deeming Account to “Retirement Savings Account” and dropping the interest rate from 3.25% to 2.3%. Are there better deeming accounts?
Hi Trevor,
Thank you for getting in touch with Finder.
You can start comparing deeming accounts. There are a wide number of financial investments that are assessed under the deeming rules. The main types include:
I hope this helps.
Thank you and have a wonderful day!
Cheers,
Jeni