Bendigo BankGeneral Deposit Account
Variable Rate Farm Management Account
Offered by Bendigo Bank
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Key Product Facts
Account type
General Deposit Account
Base rate
1.25%
Max rate
1.25%
Annual fee
N/A
Product overview
Farm Management Deposit (FMD) is an important cash flow management tool that enables individuals carrying on a primary production business in Australia (primary producers) to set aside pre-tax income from their profitable years and earn interest on it – so the money’s available when they most need it.
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
1.25%
Comparison rate
N/A
Key product details
- Category
- Savings
- Subcategory
- General Deposit Account
- Purpose
- Not specified
- Repayment type
- Not specified