Bendigo Bank Standard Term Deposit
17 termsFixed rate
Bendigo Bank’s range of term deposits offer great rates so you can watch your money grow. At maturity, reinvest, add extra or withdraw all/part of your investment from any Bendigo Branch.
- Minimum deposit
- $1
- Maximum deposit
- Not published
- Terms offered
- 17
Rate a year, up to
For 1 year
Rates by term
| Term | Amount | Interest paid | Rate a year |
|---|---|---|---|
| 1 month | $1 to $5,000 | At maturity | 0.05% |
| 1 month | $5,000 to $5,000,000 | At maturity | 1.20% |
| 2 months | $1 to $5,000 | At maturity | 0.05% |
| 2 months | $5,000 to $5,000,000 | At maturity | 1.45% |
| 3 months | $1 to $5,000 | At maturity | 0.05% |
| 3 months | $5,000 to $5,000,000 | At maturity | 2.75% |
| 4 months | $1 to $5,000 | At maturity | 0.05% |
| 4 months | $5,000 to $5,000,000 | At maturity | 3.60% |
| 5 months | $1 to $5,000 | At maturity | 0.05% |
| 5 months | $5,000 to $5,000,000 | At maturity | 2.90% |
| 6 months | $1 to $5,000 | At maturity | 0.10% |
| 6 months | $1 to $5,000 | Quarterly | 0.10% |
| 6 months | $1 to $5,000 | Monthly | 0.10% |
| 6 months | $5,000 to $5,000,000 | At maturity | 4.70% |
| 6 months | $5,000 to $5,000,000 | Monthly | 4.65% |
| 6 months | $5,000 to $5,000,000 | Quarterly | 4.65% |
| 7 months | $1 to $5,000 | At maturity | 0.10% |
| 7 months | $5,000 to $5,000,000 | At maturity | 3.15% |
| 8 months | $1 to $5,000 | At maturity | 0.10% |
| 8 months | $5,000 to $5,000,000 | At maturity | 3.50% |
| 9 months | $1 to $5,000 | At maturity | 0.10% |
| 9 months | $5,000 to $5,000,000 | At maturity | 3.20% |
| 10 months | $1 to $5,000 | At maturity | 0.10% |
| 10 months | $5,000 to $5,000,000 | At maturity | 3.25% |
| 11 months | $1 to $5,000 | At maturity | 0.10% |
| 11 months | $5,000 to $5,000,000 | At maturity | 3.30% |
| 1 year | $1 to $5,000 | At maturity | 0.15% |
| 1 year | $1 to $5,000 | Every 6 months | 0.15% |
| 1 year | $1 to $5,000 | Quarterly | 0.15% |
| 1 year | $1 to $5,000 | Monthly | 0.15% |
| 1 year | $5,000 to $5,000,000 | At maturity | 4.90% |
| 1 year | $5,000 to $5,000,000 | Quarterly | 4.85% |
| 1 year | $5,000 to $5,000,000 | Every 6 months | 4.85% |
| 1 year | $5,000 to $5,000,000 | Monthly | 4.85% |
| 15 months | $1 to $5,000 | Quarterly | 0.15% |
| 15 months | $5,000 to $5,000,000 | Quarterly | 3.00% |
| 2 years | $1 to $5,000 | At maturity | 0.15% |
| 2 years | $1 to $5,000 | Yearly | 0.15% |
| 2 years | $1 to $5,000 | Every 6 months | 0.15% |
| 2 years | $1 to $5,000 | Quarterly | 0.15% |
| 2 years | $1 to $5,000 | Monthly | 0.15% |
| 2 years | $5,000 to $5,000,000 | At maturity | 4.50% |
| 2 years | $5,000 to $5,000,000 | Yearly | 4.45% |
| 2 years | $5,000 to $5,000,000 | Every 6 months | 4.40% |
| 2 years | $5,000 to $5,000,000 | Quarterly | 4.40% |
| 2 years | $5,000 to $5,000,000 | Monthly | 4.40% |
| 3 years | $1 to $5,000 | Yearly | 0.15% |
| 3 years | $1 to $5,000 | Every 6 months | 0.15% |
| 3 years | $1 to $5,000 | Quarterly | 0.15% |
| 3 years | $1 to $5,000 | Monthly | 0.15% |
| 3 years | $5,000 to $5,000,000 | Yearly | 3.00% |
| 3 years | $5,000 to $5,000,000 | Every 6 months | 2.95% |
| 3 years | $5,000 to $5,000,000 | Quarterly | 2.95% |
| 3 years | $5,000 to $5,000,000 | Monthly | 2.95% |
| 4 years | $1 to $5,000 | Yearly | 0.15% |
| 4 years | $1 to $5,000 | Every 6 months | 0.15% |
| 4 years | $1 to $5,000 | Quarterly | 0.15% |
| 4 years | $1 to $5,000 | Monthly | 0.15% |
| 4 years | $5,000 to $5,000,000 | Yearly | 3.00% |
| 4 years | $5,000 to $5,000,000 | Every 6 months | 2.95% |
| 4 years | $5,000 to $5,000,000 | Quarterly | 2.95% |
| 4 years | $5,000 to $5,000,000 | Monthly | 2.95% |
| 5 years | $1 to $5,000 | Yearly | 0.15% |
| 5 years | $1 to $5,000 | Every 6 months | 0.15% |
| 5 years | $1 to $5,000 | Quarterly | 0.15% |
| 5 years | $1 to $5,000 | Monthly | 0.15% |
| 5 years | $5,000 to $5,000,000 | Yearly | 3.00% |
| 5 years | $5,000 to $5,000,000 | Monthly | 2.95% |
| 5 years | $5,000 to $5,000,000 | Every 6 months | 2.95% |
| 5 years | $5,000 to $5,000,000 | Quarterly | 2.95% |
How it compares
Against the other 1 year term deposits we compare. Typical means the middle half of them.
1 year rate
4.90%
A typical 1 year rate is 5.25%.
Minimum deposit
$1
A typical minimum is $2,000.
Pros and cons
Pros
- A low minimum. You can start with $1.
- Monthly interest. You can have interest paid each month, which suits living off the interest.
- Plenty of terms. 17 terms to choose from, so you can match the term to when you'll need the money.
Cons
- Your money is locked in. Taking it out early usually needs 31 days' notice and earns less interest.
Similar term deposits
Term deposits from other banks that pay a similar rate for the same term.
- Rate a year
- 4.90%
- Minimum deposit
- $5,000
- Rate a year
- 4.90%
- Minimum deposit
- $1,000
- Rate a year
- 4.90%
- Minimum deposit
- $5,000
