Bendigo Bank Term Deposit $5,000+
- Interest rate 12 months interest rate
- Up to 4.75% p.a.
- Minimum opening deposit
- Account keeping fee
- Maximum deposit
Large range of term lengths available
Available for large deposits
Must have $5000 or more to open an account
|Product Name||Bendigo Bank Term Deposit - $5,000+|
|3 month interest rate||3.50%|
|4 month interest rate||3.60%|
|6 month interest rate||4.00%|
|7 month interest rate||3.00%|
|9 month interest rate||4.00%|
|12 month interest rate||4.75%|
|24 month interest rate||4.00%|
|36 month interest rate||4.00%|
|48 month interest rate||4.00%|
|60 month interest rate||4.00%|
|Minimum Opening Deposit||$5,000|
|Minimum age requirement||18|
|Minimum Age Requirement||18|
|Joint account availability||Yes|
|Available to children||Not available for children|
Terms from 1 month to 5 years
You can select how long you'd like to lock your funds away, from as little as 1 month to as long as 5 years at a time.
Fixed interest rate
You'll earn a fixed interest rate on the term of your choice for the life of the term. This means the rate won't change until your term comes to an end, making it easy to plan your exact return on investment.
Invest between $5000 and $5 million
You need a balance of at least $5000 to invest in this term deposit, and you can invest up to $5 million.
If you don't have enough of a deposit for this account, Bendigo Bank also offers a term deposit for balances between $0 and $4,999.
You can choose to receive your interest payments monthly, quarterly, half yearly, annually or at maturity.
No account fees
There are no set up fees or monthly account keeping fees charged with this account.
Australian Government bank guarantee scheme
Your deposit up to $250,000 is protected under the government's bank guarantee scheme.
How to apply
Make you meet the following eligibility criteria, and make sure you have the necessary documents handy.
- You're over 18 years of age
- You're a permanent Australian resident
- You're investing at least $5,000
If you're an existing customer you can apply online. If you're a new customer you'll need to verify your identity with Bendigo Bank before you can open an account. Submit the online enquiry form and the bank will contact you to complete your application.
You'll need 2 forms of personal ID in the form of a driver's license, assport or Medicare card.
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