ME Business Term Deposit

This term deposit is available to businesses and SMSFs and offers a fixed interest rate on terms between 1 month to 60 months.

Invest your money for a term length that suits you, between 1 month to 60 months at a time, and enjoy a fixed interest rate on your funds while paying no account fees. The ME Business Term deposit is suited to business and SMSF customers looking for a safe and secure way to invest their funds, offering up to 0.55% p.a. on 7 month terms.

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Up to 1.4% p.a.

Interest rate

60 months interest rate


Minimum opening deposit


Account keeping fee

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Product NameME Business Term Deposit
3 month interest rate0.50%
4 month interest rate0.50%
6 month interest rate0.50%
7 month interest rate0.55%
9 month interest rate0.65%
12 month interest rate0.65%
24 month interest rate0.70%
36 month interest rate0.90%
48 month interest rate1.20%
60 month interest rate1.40%
Minimum Opening Deposit$5,000
Minimum Age Requirement18
The rates displayed above are interest rates paid at maturity only. We endeavour to ensure that the information on this site is current and accurate but you should confirm any information with the product or service provider and read the information they can provide.

Key features

Guaranteed returns

You cannot lose money by depositing it into a ME Business Term Deposit. There are no fees, and you will always earn some interest, even if you need to withdraw the money early before your term reaches maturity. Account holders will receive 30 days notice by ME if this is set to change.

Zero fees

There are no fees at all for ME Business Term Deposits, letting you keep your business funds secure, while simultaneously earning interest.

Launch term deposit calculator

How to apply

If the ME Business Term Deposit is right for your needs, here's what you'll need for your application.


  • It is for business, and not personal or domestic uses, only.
  • You are at least 18 years old

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    Default Gravatar
    October 4, 2019

    Are they any special 6 months term for $1,600 or special rates for deposits over $1,000?

      Default Gravatar
      October 4, 2019

      Hi Carol,

      Thanks for contacting Finder.

      No, there is no special rate for 6 months term at it is at 2.05%. Kindly take note that the minimum investment amount for the ME Business Term Deposit account is $5,000 so there will be no other rates for deposits between $1,000 to $1,600. All their interest rates applies for investments amounting from $5,000 up to $2,000,000. For deposit amount more than $2,000,000, you need to contact ME Bank for their rates.

      I hope this helps!


    Default Gravatar
    April 22, 2018

    I wish to invest in a term deposit for my SMSF. Do I need to lodge a copy of the Trust Deed when applying for a term deposit? Money would be transferred from my SMSF Business Account at an Australian bank.

      Avatarfinder Customer Care
      April 22, 2018

      Hi Geoffrey,

      Thank you for getting in touch with Finder.

      The documents you need to supply when opening an SMSF term deposit account will vary depending on whether your SMSF has an individual or corporate trustee structure. For SMSFs with individual trustees you will need to provide a certified copy of the relevant sections of the SMSF trust deed that clearly state:

      • The name of your super fund
      • The individuals listed in the application as the fund members and trustees

      If the trustee of your SMSF is a company, your bank will need certified copies of the sections of the SMSF trust deed that identify the corporate entity as the trustee and the individuals listed as members.

      I hope this helps.

      Have a great day!


    Default Gravatar
    April 19, 2018

    Is ME Bank an ADI and is the ME Business Term Deposit covered by the government guarantee up to $250,000?

      Default Gravatar
      Ash Munoz
      April 19, 2018

      Hi John,

      Thank you for visiting Finder.

      Yes, ME (Member’s Equity) bank is an Authorised Deposit-taking Institutions (ADIs), and the ME Business Term Deposit is covered by Government Guarantee Scheme wherein $250,000 is insured for every account-holder.

      I hope this helps.

      Let us know if there is anything else that we may assist you with.


    Default Gravatar
    March 14, 2018

    Regarding ME Bank do they do term deposits for Self managed super funds?

      Avatarfinder Customer Care
      March 20, 2018

      Hi Carolee,

      Thanks for your inquiry.

      Yes, ME Bank Business Term deposit can boost your self-managed super fund (SMSF).

      You can check this by visiting ME Bank official site or contact ME Bank directly.

      Best regards,

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