Choose your own timeframe and enjoy the certainty of fixed rates
Choose a rate and term to suit your needs
1.65 % P.A.
Offer available for a limited time only on new Term Deposits opened or renewed by existing Bank of Melbourne personal customers. Available on deposits from $1,000 and $250,000 with interest paid on maturity. Terms and conditions apply*.
a rate & term
If you’re an existing Bank of Melbourne customer you may be eligible for a bonus rate on top of our standard rates. In the past you may have needed to go into a branch or give us a call – now you can see any bonus rates you’re eligible for simply by logging into Internet Banking.
Renew your Term Deposit online
You can now renew your Term Deposit online – there’s no need to give us a call or visit a branch. When your Term Deposit matures, you have 14 days to make any changes such as withdrawing your money or reinvesting for a new term.
1.55% p.a. for 3 months with interest paid at maturity
1.45% p.a. for 6 months with interest paid at maturity
1.60% p.a. for 24 months with interest paid annually