Members Equity Bank Members Equity Term Deposit

Headline interest rate p.a.
-

Monthly fee
-

Account type
Term deposit

Moneybuddy says

Members Equity Term Deposit allows you to invest $**** or more with the option of a * to ** month term. Interest is calculated daily, so every dollar you earn through interest will go directly to helping you save as there are no bank fees.

The Basics

Interest paid Quarterly

Interest calculated Daily

Headline interest rate p.a. -

Monthly fee -

Account type Term deposit

The cool stuff: features

ATM access -

EFTPOS access -

Branch access -

Internet Banking -

Age restrictions -

Cheque book facility -

Debit card -

BPAY -

GiroPost -

Phone access -

The Facts & Figures

Balance less than $1k (p.a.) -

Balance less than $5k (p.a.) -

Balance less than $25k (p.a.) -

Balance greater than $100k (p.a.) -

Min. balance -

Min. opening deposit -

Number of free elect transactions per month -

The ugly stuff: fees

Other bank ATM fee -

EFTPOS transaction fee -

Branch assistance fee -

* Important note: All product information comes from the product provider or an affiliate and to the best of our knowledge is correct at time of publishing. Money Buddy earns a referral fee in the form of a commission payment per successful application from redirecting website users to Members Equity Bank's website. Website users have no obligation to apply for a product or service that they may be referred to by this website.

Members Equity Bank says

A Term Deposit Account provides you the security of knowing exactly what return you will receive when your investment finally matures. With a guaranteed interest rate that is locked in for the life of the term you choose, your money is protected from market fluctuation. Leaving you to simply sit back, relax and reap the full rewards.

Key features

Simply open your account with a deposit of $*,*** or more
Select your term from * month (** days) to ** months (*** days) or just select a maturity date that suits your goals
No account keeping fees to pay
Australian citizens, Australian permanent residents and Australian Residents for taxation purposes with an Australian residential address (who are at least ** years of age) are eligible to apply
For existing customers, you can apply over the phone saving you time. This is only for single account holder accounts only.