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Bank of Melbourne · Term deposits

Business Term Deposit

Bank of Melbourne's Business Term Deposit is a term deposit. The figures are the ones Bank of Melbourne publishes under the Consumer Data Right today. The advertised rate last moved on 16 October 2026, up from 5.20% to 5.40%.

Advertised rate
5.40%
headline tier
Tiers
35
current rate rows
Last moved
+0.20pp
16 October 2026
5.20%5.40%5 October 20264 November 2026

Advertised rate, last 30 days. Between 5.20% and 5.40% over the last 30 days.

Every current rate (35)

TierRate
Bonus 1 yearPLUS, an additional 0.10% p.a.0.10%
Fixed 1 month1.40%
Fixed 2 months1.65%
Fixed 3 months3.25%
Fixed 6 months3.35%
Fixed 4 months3.40%
Fixed 6 months3.40%
Fixed 5 months3.45%
Fixed 7 months3.50%
Fixed 7 months3.55%
Fixed 8 months3.55%
Fixed 8 months3.60%
Fixed 9 months3.60%
Fixed 10 months3.65%
Fixed 9 months3.65%
Fixed 10 months3.70%
Fixed 11 months3.70%
Fixed 11 months3.75%
Fixed 3 years36 Months3.95%
Fixed 3 years36 Months3.95%
Fixed 4 years48 Months3.95%
Fixed 4 years48 Months3.95%
Fixed 5 years60 Months3.95%
Fixed 5 years60 Months3.95%
Fixed 3 years36 Months4.00%
Fixed 4 years48 Months4.00%
Fixed 5 years60 Months4.00%
Fixed 2 years24 Months4.45%
Fixed 2 years24 Months4.45%
Fixed 2 years24 Months4.50%
Fixed 1 year12 Months4.70%
Fixed 1 year12 Months4.70%
Fixed 13 months4.70%
Fixed 13 months4.70%
Fixed 1 year12 Months5.40%

Rate moves, last 30 days

The advertised rate moved on 16 October 2026, from 5.20% to 5.40%; no other tier moved in the last 30 days.

Other Bank of Melbourne term deposits

Term Deposit 5.40%

Get an email the morning Bank of Melbourne moves this rate.

Every Bank of Melbourne rate · every term deposit rate compared · other lenders · this product in the explorer.