Bendigo BankTerm Deposit

Gold Term Deposit

Offered by Bendigo Bank

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Key Product Facts

Min rate

0.05%

Max rate

0.05%

Product overview

A Bendigo Gold Term Deposit Account is a deposit account that allows a retail client to deposit $2,000 or more into it for a 12 month investment period with interest payable every 3 months at an agreed rate. Funds can be reinvested or withdrawn, however any withdrawal greater than 25% of the value of the initial deposit requires the client to provide notice. Funds released early may attract a reduced interest rate.

Is this product competitive?

There is no single rate or fee that determines whether a financial product is suitable or competitive for everyone. Consider the advertised rate, comparison rate, fees, term, product purpose and eligibility requirements together.

Advertised rate

0.05%

Comparison rate

N/A

Compare similar term deposits

Key product details

Category
Term Deposits
Subcategory
Term Deposit
Purpose
Not specified
Repayment type
Not specified