Members of industry super funds can earn higher interest on their savings with the Super Members Term Deposit from ME Bank. Choose a term that best suits you and earn a bonus interest on top of the standard rates.

What is the Members Equity Term Deposit?

The ME Bank Term Deposit account is a good short term saving option which offers competitive interest rates and high level flexibility for a term you can adjust to suit your needs to the very day ranging between 1 and 24 months. With decent fixed interest rates up to 6.10% p.a. you’ll enjoy the security of guaranteed returns without the fear of money market fluctuations. If you are not a member of a huge range of the participating Super Funds or ACTU affiliated Unions, you can still apply for a Standard Term Deposit Account which also offers competitive rates.

Is This the Account For Me?

This account is particularly beneficial if you’re a member of the many ME Bank participating Super Funds and Unions. This will make you eligible to earn bonus interest. Additionally, if you’re looking for the flexibility of choosing your account maturity date and have more than $1000 you can part with for 1–24 months, you will find the ME Bank Term Deposit Accounts useful for your saving needs. This account is particularly for personal use however ME Bank also offers Term Deposits for Business use.

The Advantages of The Members Equity Term Deposit

The main advantages of this account are the bonus interest you can earn by being a member of the participating Super Funds or ACTU Unions and the flexibility offered by being able to choose the length of your term to the day. Otherwise interest rates and features are on par with other Term Deposit accounts available. The ME Bank Term Deposit Account is a great way to save, giving the customer competitive interest rates on shorter term investments offering security, flexibility and bonuses.

Who is Eligible for This Account?

The minimum age to open a ME Bank Term Deposit account is 12 years. You must be an Australian citizen, an Australian permanent resident or an Australian resident for taxation purposes with an Australian residential address. To open an account you also must be an individual opening and using the account in your personal capacity and for personal use (you cannot open or use an account for business or trustee purposes).

How Do I Open a ME Bank Term Deposit?

To open a ME Bank Term Deposit, you can click on the apply button to go to the secure online application.