Bank of Melbourne term deposits

4.1
Based on 9 Bank of Melbourne term deposit product reviews.
Fact Checked

If you're going to put some money into a term deposit, you want to know you'll be earning a great interest rate. The Bank of Melbourne has various rates available for term deposits, depending on the length of the term. Alternatively, you can view term deposits from a wide range of Australian banks with our term deposit comparison tools.

Last updated 25 April 2025 Important disclosures

Bank of Melbourne term deposits

Government Deposit Guarantee: Funds protected up to $250k
  • Term Deposit - Special Offer

    Best rate
    4.20 % p.a.
    for 11 months
    ($1,000 to $2,000,000)
    Next best option
    No other rates match this filter
    No Partner link
  • Term Deposit

    Best rate
    3.90 % p.a.
    for 18 months
    ($1,000 to $2,000,000)
    Next best option
    3.90 % p.a.
    for 13 months
    ($1,000 to $2,000,000)
    No Partner link

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Bank of Melbourne term deposit ratings

Overall customer rating for Bank of Melbourne term deposits

4.1
Based on 9 product reviews.

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Bank of Melbourne products

Term deposit quick links


* Different interest rates apply to different amounts or different interest payment frequencies.

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