Important information
Rural Bank products will be transitioned to equivalent Bendigo Bank products on 14 March 2025. While many things are staying the same (e.g. account numbers), there will be some changes. A description of the changes is available in the product variation notices.
Please note: Rural Bank products are no longer available for sale ahead of the transition to Bendigo Bank products.
Online Term Deposit
The Rural Bank One Online Term Deposit account suits personal and business customers. It's as simple as choosing your term and applying online.
Features
Interest and fees
-
Competitive rate of interest
-
Interest calculated daily, paid at maturity
-
Terms fixed for 3, 6, or 12 months
-
No monthly account keeping fees
-
Early withdrawal may incur interest adjustment
Access
-
Requires internet banking
-
Six monthly statements
Opening account
-
Apply online only
-
For personal and business applicants
-
Transfer funds to open, minimum balance $500
-
Maximum balance $2 million per customer^
Interest rates (Online with Rural Bank ONE)
| Rate | |
|---|---|
| 3 month | 3.55% p.a. |
| 6 month | 4.35% p.a. |
| 12 month | 4.25% p.a. |
Interest rates quoted on a per annum basis. Interest rates are subject to change without notice. Interest on Rural Bank ONE Term Deposits is calculated daily and paid at maturity. Minimum deposit $500, for interest rates on deposits over $1 million please call us on 1300 660 115 or email us.
| Rate | |
|---|---|
| 3 month | 3.55% p.a. |
| 6 month | 4.35% p.a. |
| 12 month | 4.25% p.a. |
Interest rates quoted on a per annum basis. Interest rates are subject to change without notice. Interest on Rural Bank ONE Term Deposits is calculated daily and paid at maturity. Minimum deposit $500, for interest rates on deposits over $1 million please call us on 1300 660 115 or email us.
Important information
Things you should know
*Requires a Rural Bank security token and term and conditions apply.
^Combined value of Rural Bank ONE Saver and/or Rural Bank ONE Term Deposit accounts (whether individual or joint) can not exceed $2,000,000 unless agreed to by Rural Bank.
We have not considered your circumstances. Consider whether the product is appropriate for you having regard to your objectives, financial situation and needs before making an investment decision.
Interest rates quoted are subject to change without notice. Information is subject to change. Terms, conditions, fees and charges apply and are available by phoning our Customer Service Team on 1300 660 115, or by contacting your local branch.
