View all term deposit interest rates and fees.
effective 10/05/13
special term deposit offer
interest paid at maturity or annually
| | $500 to $4,999 | $5,000 to $24,999 | $25,000 to $49,999 | $50,000 to $99,999 | $100,000 & over |
|---|
| 3 months |
2.60% |
4.20% |
4.20% |
4.20% |
4.20% |
| 4 months |
2.60% |
4.10% |
4.10% |
4.20% |
4.20% |
| 5 months |
2.60% |
4.10% |
4.10% |
4.20% |
4.20% |
| 6 months |
3.10% |
4.10% |
4.10% |
4.20% |
4.20% |
| 7 months |
3.10% |
4.10% |
4.10% |
4.20% |
4.20% |
| 8 months |
3.10% |
4.10% |
4.10% |
4.20% |
4.20% |
| 9 months |
3.35% |
4.10% |
4.10% |
4.20% |
4.20% |
| 10 months |
3.35% |
4.10% |
4.10% |
4.20% |
4.20% |
| 11 months |
3.35% |
4.10% |
4.10% |
4.20% |
4.20% |
| 12 - 18 months |
3.40% |
4.10% |
4.10% |
4.20% |
4.20% |
| 19 - 24 months |
3.65% |
4.25% |
4.25% |
4.45% |
4.45% |
| 36 months |
3.85% |
4.40% |
4.40% |
4.50% |
4.50% |
|
Interest rates are fixed for the term of the investment. Fixed Term Deposit rates are applicable to all new term deposits and rollovers as advised by a maturity letter. Early Withdrawal Policy applies to Fixed Term Deposits.
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|
interest paid on a six-monthly basis
| term | $25,000 to $49,999 | $50,000 to $99,999 | $100,000 & over |
|---|
| 12 months |
4.05% |
4.15% |
4.15% |
| 18 or 24 months |
4.20% |
4.40% |
4.40% |
| 36 months |
4.35% |
4.45% |
4.45% |
|
Interest rates are fixed for the term of the investment. Fixed Term Deposit rates are applicable to all new term deposits and rollovers as advised by a maturity letter. Early Withdrawal Policy applies to Fixed Term Deposits.
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|
interest paid on a monthly basis
| term | $25,000 to $49,999 | $50,000 to $99,999 | $100,000 & over |
|---|
| 12 - 18 months |
4.00% |
4.10% |
4.10% |
| 19 - 24 months |
4.15% |
4.35% |
4.35% |
| 36 months |
4.30% |
4.40% |
4.40% |
|
Interest rates are fixed for the term of the investment. Fixed Term Deposit rates are applicable to all new term deposits and rollovers as advised by a maturity letter. Early Withdrawal Policy applies to Fixed Term Deposits.
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|
interest paid on a fortnightly basis
| term | $25,000 to $49,999 | $50,000 to $99,999 | $100,000 & over |
|---|
| 12 - 18 months |
3.95% |
4.05% |
4.05% |
| 19 - 24 months |
4.10% |
4.30% |
4.30% |
| 36 months |
4.25% |
4.35% |
4.35% |
|
Interest rates are fixed for the term of the investment. Fixed Term Deposit rates are applicable to all new term deposits and rollovers as advised by a maturity letter. Early Withdrawal Policy applies to Fixed Term Deposits.
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|
* Customer Support Level equals - deposits PLUS borrowings, LESS overdrawn savings accounts and overlimit overdrafts.
The combined end of month balance of the accounts within an account sets the relationship threshold for the subsequent month.
Early Withdrawal Policy
By opening a Term Deposit with bankmecu, an agreement is entered into whereby bankmecu agrees to pay a specified interest rate on the amount invested. Interest paid on principal amounts withdrawn early will equate to the percentage of the current term over the original agreed term. e.g. If the term deposit is held for 80% of the original term, 80% of the accrued interest will be paid upon early redemption. Any funds not redeemed will remain in the account until final expiry of the agreed term and will attract the full rate of interest as originally specified. Minimum retained balance is $500.
All interest rates quoted are annual percentage rates. Fees and charges may apply. Terms and conditions available on request.