RateCity
This is an information service. By browsing on the website and/or
using our search tools, you are asking RateCity to provide you with information
about Term Deposits from multiple financial institutions. We will try to show you
a range of products in response to your request for information. The search
results do not include all provider sand may not compare all features relevant to you,
for further details refer to our FSCG.
The rating shown is only one factor to take into account when considering these products.
See the rating methodology
We are not a credit provider, and in giving you product information we are not
making any suggestion or recommendation to you about a particular credit product.
If you decide to apply for a Term Deposit, you will deal directly with a financial institution, and not with RateCity.
For high returns and fixed interest rates on deposits as little as $500 look no further than a mecu term deposit. mecu’s term deposit products provide you with a safe and secure investment option at a guaranteed rate of return.
Compare more term deposit products at RateCity.com.au
Product Details
- Company
-
- Nominal Rate
- 4.1%
- Effective Rate
- 4.1%
- Payment Frequency
- Annually
- Maturity Alert
-
- Partial Withdrawal Penalty
- No
- Compounding Interest
- No
Updating your preferences
Product Features
Automatic rollover y
Whether your term deposit account will automatically roll over to a new account with the same term once it reaches maturity if you do not instruct otherwise
Partial withdrawal n
Partial withdrawal permitted: If this account allows customers to partially redraw on their account without being penalized.
Int paid via other institution y
Whether the interest dividend can be paid into an account held with another financial instituion
Balance
Month
Amount Invested
$20000
Interest Earned
$20000
Months Elapsed
The graph above displays total estimated interest earned based on the requested deposit frequency and parameters entered.
