term deposit.

So you’ve got some funds burning a hole in your pocket, eh? Interesting. Quite literally.

Get guaranteed returns by locking-in a great term deposit interest rate. With no account-keeping fees at all, you get to walk away with more of that sweet, sweet cash.


get free

There are no set up or account-keeping fees on our term deposits at all. We’re not monsters.




You want options? You got ’em. You can open a term deposit for as little as $1,000 or as much as $1,000,000, for terms from one month to five years.

If you’re looking to take out a term deposit for more than $1,000,000, call ME on 13 15 63 to find out what rates are available.

get paid when it suits you

Choose payments options to suit your situation, get paid interest monthly, quarterly, six monthly, annually or at maturity.





1 month  2.10% p.a.  4 months  2.50% p.a. 7 months  2.85% p.a.  10 months  2.70% p.a. 
2 months  2.10% p.a. 5 months  2.85% p.a. 8 months  2.70% p.a. 11 months  2.80% p.a.
3 months  2.50% p.a. 6 months  2.75% p.a. 9 months  2.85% p.a. 12 months  2.90%p.a.

The above rates are based on interest paid at maturity for terms up to 12 months.

For all Term Deposit rates please click here. 

apply now


Ready to get started? Make sure you:

  • • are an Australian citizen, Australian permanent resident or an Australian resident for taxation purposes with an Australian residential address
    • are at least 12 years old
    • are not be a US citizen or US tax resident


stay up to date on the best rate.

Shopping around? Submit your details and well keep you in the loop with updates on the latest rate. Click here.



ME - Facts and Fees

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ME - Contact Us

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things you should know.

Interest rates for ME Term Deposits are current as at 8am 28-Mar-2017 and subject to change.

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.

Rates are for deposits between $1,000 and $1,000,000. For rates for amounts above $1,000,000, 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 of 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 for terms greater than 12 months.

We will credit interest at the selected interest payment frequency and at the maturity of the term.

Fees and charges apply. Terms and conditions available on request or by clicking here.

This is general information only and you should consider if this product is appropriate for you.