Get guaranteed returns with our rock-solid business term deposit interest rates.


No set-up fees, no account-keeping fees. Just money making more money.


Invest as little as $1000 – or as much as $2 million – for between one month and five years.


Get payouts monthly, quarterly, half-yearly, annually or at maturity.

Rate rundown.

Looking to stay up to date on our best rates? Leave your details and we’ll keep you in the loop.

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Facts & fees.

Open an account.


Get fee-free cash management today.

Download and open now

Application checklist.

Make sure you’ve got all the paperwork you need for your online business savings account application. The checklist is part of the form.

Get verified in person.

You can also get your identity verified by sending us copies of ID documents, like your passport or driver’s licence.

Get the form

Don't take our word for it.

Mozo Experts Choice 2018

SMSF Term Deposit

Mozo Bank of the Year 2018

Mozo Named ME Australia’s Best Bank for having the widest range of highly-ranked products of any bank.

Business savings.

Get interest and manage your cash flow with a ME business savings account.

Business online savings account

Online banking.

Manage your ME accounts from anywhere, anytime.

Free-range banking


Expect the unexpected – and protect your assets.

Get covered

The legal stuff.

The legal stuff.

Term Deposit Terms and Conditions

Interest rates are current as at 8am 23-May-2019 and subject to change.
Terms and conditions apply. Fees and charges may apply. This is general information only and you should consider if this product is right for you.
Rates are for deposits between $1,000 and $2,000,000. For rates for amounts above $2,000,000, contact ME on 13 15 63.

You will get the interest rate that applies to your term deposit on the day your complete application is received as long as funds are received within three business days of your application.
All terms are in calendar months. We offer terms between one month and 60 months.
Your total deposits with ME up to $250,000 are guaranteed under the Australian Government Financial Claims Scheme.
The above rates are based on interest paid at maturity for terms up to 12 months and interest paid annually and at maturity for terms greater than 12 months.
You can only withdraw funds from your term deposit by giving us 31 days’ prior notice for accounts opened or reinvested on or after 29 May 2016.
We will credit interest at the selected interest payment frequency and at the maturity of the term.

Award notes

Mozo Experts Choice Award: The awards recognise products that deliver exceptional value or benefits to consumers. Judges base their decision on hard-nosed calculations of value to the consumer, using Mozo’s extensive product database and research capacity. Experts Choice Awards are awarded to the top 10% of products that meet the selection criteria in each awards category.

Mozo Bank of the Year award: Mozo recognised ME as the most successful bank over the last 12 months. Having picked up awards for best value in home loans, credit cards, savings accounts and term deposits, ME was found to have the widest range of highly-ranked products of any bank.