Bank of Melbourne Investment Cash Accounts

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Investment Cash Accounts is a cash management account from Bank of Melbourne. It pays 0.10% p.a. with no bonus conditions.

Rate tiers

Every balance band in the bank's feed: base is the rate the bank pays.

One rate on every balance, with no upper limit.

Conditions

• not updated by the bank since 2026-10-28, before the Reserve Bank's cash rate rise of 4 November 2026; check its page, as the rate may have changed
• personal customers must be 18 or over and have an Australian residential address

Features

app

yes

notifications

yes

Other features, in the bank's words:

• Variable interest rates may apply and credit interest paid monthly
• No minimum opening balance required
• Automate deposits such as your salary and investment income with direct credits.
• May earn a variable interest rate from the first dollar, calculated daily, paid monthly
• Cash hub for SMSF investors - Can be your cash hub account for your Self-Managed Super Fund and investments
• Internet Banking - View transactions online anytime with Internet Banking.

Fees, limits and who can open it

monthly fee

$0

other fees named

Foreign Currency Conversion Fee (no amount in the feed)

interest paid

monthly

interest calculated

daily

age

ages 18 and over

open to

personal and SMSF customers

Who can open it, in the bank's own words:

• residency: For personal use: Have an Australian residential address.
• For an SMSF: Be a registered Self-Managed Superannuation Fund (SMSF).
• For an SMSF: Signatory on the account is aged 18 years of over.
• For an SMSF: Be operating using an Australian address.

About this account

The Investment Cash Account is a bank account that offers a variable interest rate, with easy access to funds. It can be used to make deposit and withdrawals through a variety of channels for individuals and Self-Managed Superannuation Funds (SMSF).

Data

• Bank of Melbourne's own page for this account.
• The bank's documents its product record links to: terms and conditions, fees, eligibility.
• Our verbatim snapshot of the bank's product record (source), as fetched on 28 October 2026.
• We read the bank's own page and terms against this page on 1 November 2026: investment-cash-account, SavInvesTransAccounts_Terms.pdf, bank-account-interest-rates; conditions they state and its feed does not are listed above.
• /au/finance/savings-accounts/v1/brands/bank-of-melbourne.json: this bank's accounts and every balance band as JSON; Bank of Melbourne's page lists them.
• The bank last updated this record on 28 October 2026. Rates are per annum as the bank states them; "stale" means the bank has not updated the record for over 60 days or since the latest cash rate change.

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• Incentive Saver savings account, 5.65% conditional at $50,000
• Maxi Saver savings account, 1.25% base at $50,000
• Retirement Access Account savings account, 1.73% base at $50,000
• Business Cheque Account Plusstale transaction account, 0.00% base at $50,000
• Complete Freedom Accountstale transaction account
• Concession Accountstale transaction account
• Freedom Business Accountstale transaction account, 0.00% base at $50,000
• Society Cheque Accountstale transaction account, 0.00% base at $50,000

All of Bank of Melbourne's accounts on its page, with its best rates per segment and rate kind, and every account at every bank.