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Savings Accounts and Term Deposits

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Conditions and fees apply.

This information doesn't take your circumstances into account. Read the terms before making a decision.

1 A flat monthly service fee of $5 will apply to your Complete Freedom account if you do not deposit at least $2,000, before the last business day of the month, or have your Bank of Melbourne home loan repayment automatically deducted from this account.
2 Bank of Melbourne/Westpac/St.George/BankSA branded ATMs in Australia. Daily transaction limits apply.
3 Fees apply after the first 10 SMSs per month. SMS Alerts are charged at $0.25 each and Email Alerts are free.
4 Otherwise, a monthly service fee of $5 applies to your SENSE Everyday Account. There is no monthly service fee for your SENSE Savings Account.
5 If you open a Maxi Saver account and you have not held an Maxi Saver Account before and you are a personal customer, you'll earn an Introductory Promotional Fixed Bonus Rate of p.a. on top of the standard variable interest rates (standard base rate and bonus rate when the bonus rate criteria is met) during the Promotional Rate Period. The Promotional Rate Period is the first 3 months from the date your account is opened.
6 Subject to systems availability.
7 Low flat monthly account service fee of $3 waived if you deposit a minimum of $1,000 by the last business day of the month.
8 Following lodgement of the minimum balance requirement, the rate is guaranteed for the term of the investment, subject to terms and conditions (e.g. returns may be reduced if an amount is withdrawn before maturity).
9 If you open a new DIY Super Saver account and you have not held a DIY Super Saver account before you'll receive a fixed bonus rate of % p.a. on top of the standard variable DIY Super Saver rate for the first 4 months after your account is opened. The standard variable DIY Super Saver rate during the Promotional Rate Period. The Promotional Rate Period is the first 4 months from the date your account is opened.