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Your investment strategy can be as simple or as advanced as you need. Starting now is the best advice – whether you're ready to invest a little or a lot. Learn about the types of investments that suit your risk profile and your expectations for returns, or see a financial planning expert for some help.

If you’re after a guaranteed^ return, consider starting with a Fixed Term Deposit. Invest your funds in a Term Deposit for a set period and earn a competitive fixed interest rate. You can also choose one of our high interest online savings accounts like Maxi Saver to invest cash and retain access to your money. 

If you're considering shares or managed funds, we can make investing easier. To take control of your own share investments online, Directshares1 is a low-cost effective option. 

Suggested investment solutions

Term Deposit

Invest your money for a fixed term from 1 month to 5 years and earn a fixed competitive interest rate.

Maxi Saver

New Maxi Saver customers1 can earn up to 5.00% p.a. including a bonus 3.90% p.a. which is fixed for the first 3 months, with no monthly account service fee and no everyday banking transaction fees2.

The Detail

Conditions apply.

Special rates will apply for a single term. Higher or lower rates may apply for any subsequent term. Special rates are not available for corporate, institutional or government customers. 

Before making a decision, it's best to read the terms and conditions.

Please read these documents and keep a copy. You can request a paper copy at a branch.

The advice on our website is prepared without knowing your personal financial circumstances. Before you act on this or any advice, please consider if it’s right for you. If you need help, call 13 22 66.

^ Early withdrawal may reduce returns. Term Deposits are 'protected accounts' under the Financial Claims Scheme (FCS). Payments under the FCS are subject to a limit for each depositor. For more information visit the APRA website at

1 If you open a new Maxi Saver account and you have not held a Maxi Saver account before and you are a personal customer, you'll earn an extra bonus of 3.90% p.a. on top of the standard variable Maxi Saver rate during the Promotional Rate Period. The Promotional Rate Period is the first  3 months from the date your account is opened.

2 Maxi Saver has no monthly account service fee but other fees and charges apply, including for branch access. To hold a Maxi Saver account you must also hold an eligible Bank of Melbourne working account in the same name or have an existing eligible Bank of Melbourne joint account with your name included in the title. Fees and charges may be payable on your eligible working account.