Perfect for Saving for a fixed term with a guaranteed interest rate locked in for the life of the term  
Consistency We keep our term deposit rates consistent, so you know there will be no nasty surprises  
Low cost No account-keeping fees and low minimum opening deposit  
Open an account with a $1,000 minimum deposit, much lower than many other banks
Select your own term from 1 month (30 days) to 24 months (730 days)
Save time and apply online in just a few minutes

Existing customers can apply over the phone

(this is for single account holder accounts only). All Australian citizens, Australian permanent residents and Australian residents with an Australian residential address (for tax purposes) over the age of 12 are eligible to apply

 

1 month

3.50% p.a.

2 months

3.60% p.a.

3 months

3.70% p.a.

4 months

3.80% p.a.

5 months

4.00% p.a.

6 months

3.80% p.a.

7 months

3.80% p.a.

8 months

3.80% p.a.

9 months

3.80% p.a.

10 months

3.80% p.a.

11 months

3.80% p.a.

12 months

3.90% p.a.

13 months

3.90% p.a.

14 months

3.90% p.a.

15 months

3.90% p.a.

16 months

3.90% p.a.

17 months

3.90% p.a. 

18 months

3.90% p.a.

19 months

3.90% p.a.

20 months

3.90% p.a.

21 months

3.90% p.a.

22 months

3.90% p.a.

23 months

3.90% p.a.

24 months

4.10% p.a.

 

Early withdrawal percentage rate 2.00% p.a.
This rate will apply when you withdraw your term deposit prior to maturity. We will reduce the fixed rate by the early withdrawal percentage rate, up to the amount of accrued interest. Important note: You cannot make a partial withdrawal.

Things you should know.

Interest rates are current as at 25-Apr-2014 and are subject to change. Interest rates are applicable up to $500,000, for rates above $500,000 contact ME Bank on 13 15 63.

You will get the interest rate that applies to your deposit on the day your application is received. Terms and conditions available on request. This is general information only and you should consider if this product is appropriate for you.