bankmecu

Term Deposits

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
All rates are based on a balance of $50000 for a term of 12 months.
Company bankmecu
Nominal Rate 3.85%
Effective Rate 3.92%
Payment Frequency Fortnightly
Partial Withdrawal Penalty No
Compounding Interest No

Product Features

Can the institution send an email to you on maturity?
Can the institution call you on maturity?
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
Whether the interest dividend can be paid into an account held with another financial instituion

These 12 month term deposits are ranked by nominal interest rate on a balance of $50,000.

Consider whether this general financial advice is right for your personal circumstances. You may need financial advice from a qualified adviser. Read our detailed disclosure here.

Find out more about our information service