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Members Equity Term Deposit Review

Posted April 21st, 2010 and last modified November 18th, 2011

The Members Equity Term Deposit might sound like other term deposits, but it is different in one big way. Returns. The reason that most people like term deposits is the security that comes with knowing when your investment will mature and exactly how much it will earn when that day comes. These are some of the easiest investments around because you simply put your money in and the wait for the maturity date to withdraw. Your rate of interest is locked in so you never have to worry about fluctuations in the market. You also do not have to be concerned about a big loss, because no matter what happens your principle amount is protected, even if you must withdraw your money early.

Right nowMembers Equity Term Deposit rates are at some of their highest. You can put your money into one of these accounts and see returns of more then six percent, depending on how long you leave it in the account. On top of that there are opportunities to add bonus interest to your investment. There is really no easier way to earn money.

Members Equity Term Deposit

Minimum Deposit - Account must be opened with a deposit of at least $1,000.

Flexible Terms - You can choose to set your term of deposit from one month to two years or pick the date that you want your Members Equity Term Deposit to mature.

Fees – There are no account keeping fees associated with these investments.

In addition to the minimum deposit of $1,000 applican’ts must be citizens or permanent residents of Australia as well as Australian residents for tax purposes. You must have a permanent Australian address and be at least 12 years of age. The low age requirement is good news for paren’ts because you can invest some of that Christmas and birthday money your children have sitting in a savings account in their own name. Start teaching them now about the value of putting your money to work.

With a Members Equity Term Deposit you have a guarantee that your money will grow, as long as you do not withdraw it early. You choose how long you can part with your money, whether it is just one month or 24 months, it is up to you. If you get into a bind and need access to your principle amount you can withdraw it with the only penalty coming from your interest earnings. It is a secure way to earn big returns with just a phone call, nothing could be easier.

Take Advantage Of All The Great Features Of The Members Equity Term Deposit Account Today!

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Top High Interest Savings Accounts

All of these accounts are FREE to open and require no minimum deposit. They all have easy internet banking access with no transaction fees.

Savings Account Account Details Maximum Variable Rate p.a. Standard Variable Rate p.a. Bonus Interest p.a. Fees Min Balance/Min Deposit
UBank USaver
UBank USaver
High ongoing rate of 5.41% p.a. Deposit $200 monthly to receive a bonus 0.60% p.a, taking this up to 6.01% p.a. Open online.6.01%5.41%0.60%$0$0 / $0 Enquire
Enquire
Virgin Saver Account
Virgin Saver Account
High introductory rate for 4 months to grow savings faster.5.85%4.65%1.20%$0$0 / $0 Enquire
Enquire
ANZ Online Saver
ANZ Online Saver
No min balance and earn up to 6.00% p.a. until 30 June 2012. Online exclusive offer. Apply online by 29 February 2012.6.00%4.25%1.75%$0$0 / $0 Enquire
Enquire


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