ME Bank ME Go Term Deposit
6 termsFixed rate
Digital Term Deposit for ME Go
- Minimum deposit
- $5,000
- Maximum deposit
- Not published
- Terms offered
- 6
Rate a year, up to
For 1 year
Rates by term
| Term | Interest paid | Rate a year |
|---|---|---|
| 3 months | At maturity | 5.00% |
| 4 months | At maturity | 5.05% |
| 6 months | At maturity | 5.25% |
| 7 months | At maturity | 5.20% |
| 9 months | At maturity | 5.30% |
| 1 year | At maturity | 5.37% |
Deposit amount on every term: From $5,000.
How it compares
Against the other 1 year term deposits we compare. Typical means the middle half of them.
1 year rate
5.37%
A typical 1 year rate is 5.25%.
Minimum deposit
$5,000
A typical minimum is $2,000.
Pros and cons
Pros
- A higher rate. 5.37% for 1 year, above the typical 5.25%, so your money earns more over the term.
- Plenty of terms. 6 terms to choose from, so you can match the term to when you'll need the money.
Cons
- Your money is locked in. Taking it out early usually needs 31 days' notice and earns less interest.
Similar term deposits
Term deposits from other banks that pay a similar rate for the same term.
- Rate a year
- 5.35%
- Minimum deposit
- $1,000
- Rate a year
- 5.35%
- Minimum deposit
- $1,000
- Rate a year
- 5.35%
- Minimum deposit
- $1,000
