
Get exclusive money-saving offers and guides
Straight to your inbox
Bank of Melbourne accepts term deposits of amounts in between $1,000 and $2,000,000, and you can choose from terms in between one month and five years. These term deposits don’t attract any ongoing fees, Bank of Melbourne gives you flexible interest repayment options, and you get various options when your term deposit matures.
Up to 0.25% p.a.
Interest rate
10 months interest rate
$1,000
Minimum opening deposit
$2,000,000
Maximum deposit
We’re reader-supported and may be paid when you visit links to partner sites. We don’t compare all products in the market, but we’re working on it!
Product Name | Bank of Melbourne Term Deposit |
---|---|
3 month interest rate | 0.10% |
4 month interest rate | 0.10% |
6 month interest rate | 0.20% |
7 month interest rate | 0.20% |
9 month interest rate | 0.20% |
12 month interest rate | 0.25% |
24 month interest rate | 0.25% |
36 month interest rate | 0.25% |
48 month interest rate | 0.25% |
60 month interest rate | 0.25% |
Minimum Opening Deposit | $1,000 |
Minimum Age Requirement | 18 |
The rates displayed above are interest rates paid at maturity only. We endeavour to ensure that the information on this site is current and accurate but you should confirm any information with the product or service provider and read the information they can provide. |
---|