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Term deposits

Watch your savings grow with 4.75% p.a. fixed for 12 months. Invest from $5,000*.

Personal or business, it may be just what you’re looking for.
6 month rate*
12 month rate*
6 month rate*
12 month rate*

Features and Benefits

  • Different investment terms to suit your needs starting from one month.
  • Protected by the Financial Claims Scheme guarantee on deposits provision1.
  • No monthly service fee
  • Invest any amount from $1,000 for a fixed rate of return for the life of your investment.
  • Interest rates calculated daily and paid monthly, quarterly, half-yearly, annually or on maturity.
  • Flexible interest payment options including compounding to your term deposit account.

Make use of our special Term Deposit rates and watch your money grow

Interest rates

Our popular terms and rates
Term Rates for $5,000 - $5,000,000 Interest paid
3 month 3.50% p.a. At maturity
6 month 4.00% p.a. At maturity
9 month 4.00% p.a. At maturity
12 month 4.75% p.a. At maturity

For amounts less than $5,000 and other term deposit options see all term deposit rates.

*Please contact your branch or call 1300 236 344 for investment amounts over $5,000,000. Rates valid from 20/10/2023 and subject to change, interest paid at maturity. Terms, conditions, fees and charges apply

For a personalised Money Market Investments service, please contact the team by phone 1300 133 833 or email. This personalised service is available for new funds over $500,000.

Apply online or in-branch

Existing customers

If you are an existing customer you can apply in e-banking or the app.
  • Log in to e-banking using a web browser or the Bendigo Bank app
  • Select ‘Add a new account’
  • Follow the simple steps to open your new term deposit

Apply in-branch

If you are a new customer you can apply at your preferred branch.
  • You need to be an Australian citizen or resident,
  • You should bring identification with you, either a drivers licence or passport.

Learn how to open a Term Deposit account online

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How to open a Term Deposit online

Want more flexibility?

Bendigo Gold offers the flexibility of additional deposits at any time and withdrawals of up to 25% of your original deposit if you need to.

Minimum deposit $2000, minimum term of 12 month and interest paid quarterly.

Forecast the return on your cash investment.

Not sure which account is for you?

Try our Account selector.

Things you should know

All rates subject to change.

This information does not take your personal objectives, financial situations or needs into account. You should consider its appropriateness to your circumstances before acting on this information. Please read the disclosure documents for your selected product or service, including the Terms and Conditions, before deciding. Please also review our Financial Services Guide (FSG) before accessing information on this website. Information on this page can change without notice to you.

Target Market Determinations for products are available.

1 Information about the Financial Claims Scheme can be found at

Bendigo and Adelaide Bank acknowledges Aboriginal and Torres Strait Islander peoples as the First Peoples of this nation and the Traditional Custodians of the land where we live, learn and work. We pay our respects to Elders past and present as it is their knowledge and experience that holds the key to the success of future generations.

Bendigo and Adelaide Bank Limited, ABN 11 068 049 178 AFSL / Australian Credit Licence 237879. Any advice provided on this website is of a general nature only and does not take into account your personal needs, objectives and financial circumstances. You should consider whether it is appropriate for your situation. Please read the applicable Disclosure Documents before acquiring any product described on this website. Please also review our Financial Services Guide (FSG) before accessing information on this website. Information on this page can change without notice to you.

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