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.
| Product | Best rate (up to 1 year) | Interest paid to another bank? |
|---|---|---|
| Term Deposit Bank of Melbourne | 1.30% p.a.3 months | yes |
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