In this guide

  • Review
  • Details
    • Key details
    • Eligibility
  • Key features
  • How to apply
  • Your reviews
  • Ask an expert
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ME term deposit

ME Term Deposit
Interest rate 12 months interest rate
Up to 5.15% p.a.
Minimum opening deposit
Account keeping fee
Maximum deposit


Have spare funds lying around? Make your money work harder for you and let it earn interest with a ME term deposit.

The term deposit from ME doesn't charge any setup or account keeping fees. Have peace of mind knowing that you get a fixed interest rate on your hard-earned money. You can invest your funds from 1 month to 60 months at a time. You choose to have interest paid monthly, annually or at maturity.


  • $0 Account keeping fees
  • Flexible terms from 1 month to 5 years
  • Flexible interest payments: monthly, yearly or at maturity
  • Minimum investment of $5,000


  • ME Bank doesn't have any branches

In this guide

  • Review
  • Details
    • Key details
    • Eligibility
  • Key features
  • How to apply
  • Your reviews
  • Ask an expert


Key details

Product Name ME Term Deposit
3 month interest rate 2.25%
4 month interest rate 4.65%
6 month interest rate 3.10%
7 month interest rate 5.10%
9 month interest rate 5.10%
12 month interest rate 5.15%
24 month interest rate 4.30%
36 month interest rate 3.50%
48 month interest rate 3.50%
60 month interest rate 3.50%
Minimum Opening Deposit $5,000
Minimum age requirement 18
Government guarantee Yes


Minimum Age Requirement 18
Joint account availability Yes
Min Deposit $5,000
Available to children Not available for children

Key features

$0 Monthly account keeping fees

ME will not charge you any monthly fees.

Minimum investment of $5,000

You can open a term deposit with ME with an initial deposit of $5,000.

Launch term deposit calculator

How to apply

If you're considering opening up a ME Term Deposit, here's what you need for your application.


There are some eligibility requirements you should check first before continuing:

  • Minimum age. You must be at least 18 years of age to open the account.
  • Residency requirements. A term deposit is available for Australian permanent residents or an Australian resident for tax purposes with a valid Australian residential address.

Your reviews

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June 14, 2023

What is the one year term dep rate for a smsf


Alison Banney Finder

June 15, 2023

Hi Tom, you can see the ME term deposit rates for business and SMSF customers here:



June 29, 2022

Hi there do you have the government guarantee for $250,000 for term deposits?


Alison Banney Finder

July 10, 2022

Hi Jane,

You’ve reached Finder. If you are referring to ME bank, the answer is yes. Your savings with ME are protected by a deposit guarantee from the Australian Government.





June 17, 2022

My sports club has $20,000 to invest.

We have articles of association.

We have a tax file number.

can we invest with you?


Alison Banney Finder

June 20, 2022

Hi Ben,

The ME Term Deposit is for personal use only and must be opened by an individual. Instead, you should be able to open the ME Business Term Deposit which is available to companies, trusts, and associations.





January 12, 2022

Can I put a power of attorney on this online account for a family member?


Alison Banney Finder

January 28, 2022

Hi Miri,

If you have been assigned as power of attorney for a ME customer, you’ll need to send a few documents before they can register your power of attorney account access, including the power of attorney document and identification.

For more details and advice based on your personal situation and account, we highly recommend that you get in touch with ME directly.



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October 23, 2019

Can I contact ME directly?


Nikki Angco

October 25, 2019

Hi Suzanne,

Thanks for getting in touch! Yes, you can contact Me directly for any concerns you need and to get their contact information, simply click the GO TO SITE button you’ll see on the top right part of our page and you will be brought to the official website of ME.

Hope this helps and feel free to reach out to us again for further assistance.



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