21 July 2015
Industry super fund-owned bank ME has been awarded CANSTAR’s Bank of the Year for Term Deposits, recognising institutions offering quality term deposit products.
CANSTAR Research Manager, Mitchell Watson, said ME had high interest rates in the majority of terms offered, from one month to five years, compared with the rest of the market.
“ME also has a great online presence and offers over-the-counter and fee-free banking at more than 3,000 Australia Post outlets throughout the country,” said Mr Watson.
“This is a winning combination of price and features for the many Australian savers that bank with ME.”
CANSTAR is one of Australia’s biggest comparison websites and for this Award researched 99 term deposits offered by 79 providers. Each product was compared across two term deposit amounts, $10K and $75K, and six weighted term tiers.
The award joins several other recent independent accolades given to ME, including:
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