The Finance Algorithm
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Term Deposit 11 Months

Invest with peace of mind knowing your rate is locked in for the term

Term depositsBank updated 12 Aug 2026

At a glance

Best rate
4.75% for 11m
Min deposit
$5,000

Rates

The one rate BankVic publishes for this term deposit.

TypeApplies toTermBandRateComparisonConditions
FixedInterest paid at maturity-11 mo$5,000–$10,000,0004.75%-paid at maturity

Fees

One fee published, grouped by when they're charged.

When you make a transaction1

  • TERM_DEPOSIT_-_EARLY_REDEMPTION_CHARGES

    We do not charge a fee for early withdrawal, however, we will reduce the interest rate to the rate payable on the Everyday account.

    No fee

Features

Digital banking

Eligibility and limits

  • Residency: Australian Citizen
  • Minimum balance $5,000
  • BankVic Member

Published by BankVic under the Consumer Data Right, last changed by them on 12 Aug 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.