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ME Bank Term Deposit

ME Bank Term Deposit review. Rates up to 5.15% p.a.


Updated 3 December 2023

Top Pick
Bankwest Online Term Deposit
5.00%p.a. for 9 months

Interest paid at maturity

$1,000 minimum deposit

Interest Rates
$5,000+ deposit(% p.a.)
Term
Monthly
Interest
Interest
at Maturity/
Annually

1 month

-

0.75%

2 months

0.75%

0.80%

3 months

2.20%

2.25%

4 months

4.60%

4.65%

5 months

1.20%

1.25%

6 months

3.05%

3.10%

7 months

5.05%

5.10%

8 months

1.70%

1.75%

9 months

5.05%

5.10%

10 months

1.95%

2.00%

11 months

1.95%

2.00%

12 months

5.10%

5.15%

18 months

4.40%

4.45%

24 months

4.25%

4.30%

36 months

3.45%

3.50%

48 months

3.45%

3.50%

60 months

3.45%

3.50%

Product Details
Term Deposit. Enjoy guaranteed returns with ME's Term Deposit. There's no set-up fees and no account-keeping fees."
- ME Bank
Early withdrawal

•

31 days notice is required for early withdrawal of funds

•

$0 early withdrawal fee

•

An adjustment to your interest may apply

Feature

•

Option to pay interest monthly, annually, or at maturity

•

Investments between $5,000 and $2,000,000

TMD

Before applying for this product, you should read the Target Market Determination (TMD) available here on the ME Bank website.

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