ME Bank’s term deposits offer customers the choice of receiving interest payments at the following frequencies: When is interest paid on ME Bank term deposits? When deciding on a term deposit, it’s a good idea to carefully consider the length of the investment term, as some products may charge a fee and require a certain notice period if you need to access your money early. One factor to consider is that longer terms typically come with higher interest rates, but you may have to wait longer to benefit from the maximum interest rate that can come with reaching the maturity date. You can use Canstar’s term deposit calculator to help you work out what term length might be suitable for you. Click below to compare term deposits on our database, tailored to your preferences.Ĭompare Term Deposits What terms are available on ME Bank term deposits?Īccording to ME Bank, it offers term deposits with terms (the length of time your money is deposited) typically ranging from a minimum of one month to a maximum of five years. ME Bank has a range of term deposits listed on Canstar’s database. If you’re looking for a way to invest money for a set period at a fixed interest rate, then you might be interested to learn more about ME Bank’s term deposits.

Me bank term deposit interest rates