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Enjoy sweet savings with guaranteed growth and a rate that’s ready to pick.
6 months
4.20%p.a.1
8 months
1.75%p.a.1
Interest paid at maturity.
Park as little as $5,000 or as much as $2,000,000.
Choose a term that suits you, from 1 month to 60 months.2
Pay zero account-keeping fees.
Looking to stay up to date on our best rates? Leave your details and we'll keep you in the loop. Get rate updates
1 month
0.75% p.a.
2 month
0.80% p.a.
3 month
4.20% p.a.
4 month
4.15% p.a.
5 month
6 month
7 month
1.75% p.a.
8 month
9 month
2.00% p.a.
10 month
11 month
12 month
% p.a.
4.10% p.a.
1.70% p.a.
1.95% p.a.
12-17 month
18-23 month
24-35 month
36-47 month
1.95% p.a.
48-59 month
60 month
The Money Minder of the Year award recognised ME as the best place to stash your cash.
Mozo placed ME's Term Deposit in the top 10% for delivering exceptional value or benefits to our customers.
Establishment fee
$0
Account-keeping fee
Terms
1 month – 60 months
Minimum deposit
$5000
Government Guarantee
Amounts up to $250,000 guaranteed by the Financial Claims Scheme.
Payment options
Under 12 months: Monthly, maturity. 12 months or longer: Monthly, annually and at maturity.
Early withdrawal notice (for accounts opened from 29 May 2016)
31 days’ notice required
Early withdrawal interest adjustment
(for accounts opened from 13 July 2014)
Percentage of term elapsed
Percentage reduction to interest
0% to < 20%
90%
20% to < 40%
80%
40% to < 60%
60%
60% to < 80%
40%
80% to < 100%
20%
If we can verify you online, your term deposit will be open as soon as the funds are received - usually within two business days.
Shopping around? Submit your details and we'll keep you in the loop with updates on the latest rate.
If you're looking to take out a term deposit for more than $2,000,000, call us to find out what rates are available.
Got extra cash you’re looking to grow? Let the guaranteed interest roll in.
Your total deposits with ME up to $250,000 are guaranteed under the Australian Government Financial Claims Scheme. 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. 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. These rates are only available for term deposits opened for personal use. For business term deposit rates click here. Award notes Money magazine Money Minder of the Year is awarded to the provider most likely to have an account that delivers value for money and includes personal transaction accounts, children’s accounts, regular saver accounts, online saving accounts and term deposits