And the winner is…ME!

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:

  • 2015 Mozo Experts Choice Award (Term Deposit Personal - Short Term; Term Deposit Business - Short Term; and Term Deposit Business - Medium Term).
  • 2014 Money Magazine Winner - Best Term Deposit (Short Term), Bank Category
  • 2014 Money Magazine Winner - Cheapest Three-Year Fixed Home Loan, Bank Category 
  • 2014 CANSTAR Award Gold Medal - Outstanding Value Transaction Account
  • 2014 CANSTAR Award Gold Medal - Outstanding Value Savings Account
  • 2014 CANSTAR Award Gold Medal - Outstanding Value Mortgage
  • 2014 CANSTAR Award Gold Medal - Outstanding Value Home Loan
  • 2014 CANSTAR Award Gold Medal - Outstanding Value Deposit Account 
  • 2014 Smart Investor Blue Ribbon Awards - Regional Bank of the Year
  • 2014 Smart Investor Blue Ribbon Awards - Best Short-Term Deposit
  • 2014 Australian Mortgage Awards - Best Non-Major Bank BDM
  • 2014 Mozo People’s Choice Awards Gold Medal
  • 2014 Australian Lending Awards - Best Customer Experience

 

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