Term deposits

Planning a short or longer-term investment? Bendigo Bank's range of Term Deposits offer great rates so you can watch your money grow.

With a Bendigo Term Deposit you know exactly what your return will be and you can choose how long your money is invested. It's a great option if you need regular income from your investment, but don't need immediate access to your funds. Plus the 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.

See how much you could save and how much you’ll need to save to reach your savings goal with our deposit and savings calculator.

Account features

Peace of mind A fixed rate of return for the life of your investment.
  • Choose the investment term to suit your needs - from one month to five years.
  • e-statements
Value No set-up or ongoing fees.*
Choice Invest any amount from $1,000.
Interest Calculated daily and paid monthly, annually or on maturity - the choice is yours. View our interest rates.

* An interest reduction may apply if you choose to withdraw all or part of your investment prior to maturity.

Compare our Term Deposits

  Bendigo Term Deposit Account Bendigo Gold Term Deposit Account
Minimum investment $1,000 $2,000
Investment terms 1 month to 5 years 12 months only
InterestView our interest ratesView our interest rates
Withdrawals No Up to 25% (without penalty)
Monthly fee Nil Nil
Access Bendigo Bank branches Bendigo Bank branches
Additional deposits Within 7 days of opening or renewal. Yes
At maturity Reinvest, add extra or withdraw all or part of your investment. Reinvest, add extra or withdraw all or part of your investment.

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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.