RBA Cash Rate: 4.10% · 1AUD = 0.63 USD · Inflation: 2.4%  
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Home Loan Variable: 5.13% (5.89%*) • Home Loan Fixed: 5.14% (6.01%*) • Fixed: 5.14% (6.01%*) • Variable: 5.13% (5.89%*) • Investment IO: 5.64% (6.42%*) • Investment PI: 5.55% (5.96%*)

  Retail Term Deposit

Term Deposit. Enjoy guaranteed returns with ME's Term Deposit. There's no set-up fees and no account-keeping fees.
Category: Term Deposits  Last Updated March 20, 2025  Effective April 1, 2010

 Product Features

  • Other Additional Information: Deposits are protected by the Australian Government's Financial Claims Scheme, up to $250,000 per person per authorised deposit taking institution.
  • Other Additional Information: ATM REFUNDS. Use any ATM, anywhere in Australia, and we'll refund your ATM fees usually within 5 minutes.
  • Other Additional Information: KEEP YOUR CASH. Banking with zero monthly account-keeping fees. You earned it, you spend it.
  • Other Additional Information: NO MINIMUM DEPOSIT. It's your money; we won't tell you what to do with it. Say yes to convenience, no to obligations.

 Product Eligibility

  • Residency Status - An Australian Citizen, Permanent Resident Or Australian Resident For Tax Purposes.
  • Min Age - 12.
  • Natural Person Additional Information: The account should be used in personal capacity or for personal use. It must not be opened or used for business or trustee perposes

 Limitations & Restrictions (Constraints)

  • Opening Balance of 5000.00
  • Min Balance of 5000.00
  • Max Balance of 2000000.00 Additional Information: Rates are for deposits between $5,000 and $2,000,000. For rates for amounts above $2,000,0000, contact ME on 13 15 63.

 Document Downloads

    Download our 40-page First Home Buyer Guide. It'll provide you with a framework that'll support your first home purchase.


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