Bank Accounts | Bank of Melbourne

Everyday accounts

Accounts that enable you to access your money with ease.

Savings accounts

Accounts that reward you for saving and give anytime access.

Term deposit

Fixed. Defined. Certain.

Help me to...

Spend, save and budget

Set up my banking in Australia

Set up a student or youth account

Compare bank accounts and interest rates

Renew my Term Deposit

Everyday Banking and Savings Account

Take charge of your money on payday with two linked accounts to help you budget.

Special Offer: Get $50 with a new Complete Freedom everyday bank account when you apply by 19th January 2021, and deposit $500 and make 5 eligible debit card purchases within 30 days. New transaction account customers only. Exclusions, T&Cs apply*

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New to Australia?

Sort out your day to day banking in Australia with an everyday bank account.

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Under 21 or a full time student?

We’ve removed our monthly account fee for all our customers, so there’s no need to make a minimum deposit each month.

Special Offer: Get $50 with a new Complete Freedom everyday bank account when you apply by 19th January 2021, and deposit $500 and make 5 eligible debit card purchases within 30 days. New transaction account customers only. Exclusions, T&Cs apply*

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Compare bank accounts and interest rates

Renew my Term Deposit

Renew your Term Deposit within 14 days of maturity with an easy online renewal.

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Helping our customers

Our COVID-19 Customer Support Package is helping our customers with a wide range of measures to help them through these challenging times. These include special term deposit rates and repayment relief for home loan customers (T&Cs apply)
The Australian Government guarantees deposits of up to $250,000 per account holder per authorised deposit-taking institution (ADI) under the Financial Claims Scheme, for more information see the FCS website at https://www.fcs.gov.au