---
title: "Variable Rate Farm Management Account — Bendigo Bank"
description: "Transaction & Savings Accounts from Bendigo Bank. Rates, fees, features and eligibility as published under Australia's Consumer Data Right."
canonical: https://www.cdrcompare.au/brands/bendigo-bank/products/65294c0f-0db3-47b0-b556-e24fd7e83849
source: "CDR Compare"
language: en-AU
last_updated: 2026-06-04T00:13:38.936Z
---

# Variable Rate Farm Management Account — Bendigo Bank

> Transaction & Savings Accounts from Bendigo Bank. Rates, fees, features and eligibility as published by the provider under Australia's Consumer Data Right, compared on CDR Compare.

**Transaction & Savings Accounts**

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.

## At a glance

- **Base rate:** 1.25%

## Deposit rates

| Type | Rate | Applies to | Interest paid |
| --- | --- | --- | --- |
| Variable | 0% | $0 - $999.99 | yearly |
| Variable | 0% | $1,000.00 - $49,999.99 | yearly |
| Variable | 1.25% | $50,000.00 - $800,000.00 | yearly |

## Fees

| Fee | Type | Amount |
| --- | --- | --- |
| Bank Cheque Fee — Applies per bank cheque you request. This fee will not be debited to your FMD. | Transaction | $10.00 |

## Features

- **Designed for primary producers who’ve earned a taxable non-farm income of $100,000 or less over a financial year.**
- **You can have more than one Farm Management Deposit, up to a combined value of $800,000 per farmer.**
- **No monthly account service fees or transaction fees apply to Bendigo Bank Farm Management Deposit accounts.**
- **At call, no early withdrawal notice required.**

## Eligibility

- **Customer must be a primary producer with an off-farm taxable income of less than $100,000 per annum.**
- **Residency status** — Australian Resident  (Only available to Australian primary producers.)
- **Can only be opened in the name of an individual.**
- **Subject to farm management deposit scheme eligibility guidelines.**

## Constraints

- **Opening balance** — $1,000.00
- **Maximum balance** — $800,000.00 (The total of all FMD’s held in a client’s name must not exceed $800,000.)
- **Minimum balance** — $1,000.00

## Data provenance

- Published by Bendigo Bank under the Consumer Data Right
- Product ID: `65294c0f-0db3-47b0-b556-e24fd7e83849`
- Last updated by the provider: 4 June 2026
- Source payload (JSON): https://www.cdrcompare.au/api/raw/bendigo-bank/65294c0f-0db3-47b0-b556-e24fd7e83849
- Provider page: https://www.cdrcompare.au/brands/bendigo-bank
- CDR register entry: https://www.cdr.gov.au/find-a-provider?provider=000115

---

Source: [CDR Compare](https://www.cdrcompare.au/brands/bendigo-bank/products/65294c0f-0db3-47b0-b556-e24fd7e83849) — product data published by Australian data holders under the Consumer Data Right. Not financial advice; no rankings, recommendations or affiliate relationships. Always confirm details with the provider.

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