Deposit Products

Get to know your bank's range of deposit products.

 

The ME Online Savings Account

The ME Online Savings Account gives you a great interest rate whilst giving you access to your money via phone or internet banking at any time.  

 

Benefits at a glance:

• Competitive interest rate on every dollar in your account every day
• Deposit  and withdraw money without penalty at any time
• No minimum opening deposit or balance required
• Free phone and internet banking, and no other fees

This is general information only and you should consider if the ME online Savings Account is appropriate for you.

 

The all-in-one deposit account

The InterestME Savings Account is a 2-in-1 account that pays the high interest of a savings account combined with the easy access of a transaction account.  

 

Benefits at a glance:

• Earn a competitive rate of interest on every dollar over $3000.
• Earn 0.25% p.a. on every dollar up to $3000.
• No account keeping fees.
• No minimum monthly balance required.
• 15 free EFTPOS transactions each month.
• Free direct debits and credits.
• Free phone and internet banking.
• Access to funds 24 hours a day, 7 days a week via ATM and EFTPOS.
• Cheque book option.

This is general information only and you should consider if the InterestME  Savings Account is appropriate for you.

 

ME Term Deposit

Get great returns with a ME Term Deposit offering you a range of  terms from 3 to 24 months as well as a range of interest rates.   This gives you the ability to plan an investment strategy to meet your goals.  

 

Benefits at a glance:

• Five different terms to choose from.
• Competitive interest that is calculated daily and paid out at maturity for terms of 12 months or less^.
• Your investment will grow as interest rates are fixed at the beginning of the term.
• No account opening or on going management fees 
• Choose to have your deposit automatically roll over into a new deposit at the end of each term so you never have to worry about it.

 

This is general information only and you should consider if the ME Term Deposit is appropriate for you.

^Interest on the 24 month term is credited to your nominated account on the 12 month anniversary of the day the account was opened and at maturity in accordance to your instructions.

 

For more information on the Members Equity deposit product range and Members Equity Bank's other products such as home loans, credit card and personal loans call 13 15 63 today or visit membersequitybank.com.au