Fixed Term Account

0.10% - 2.00%
Rate
1 - 5 years
Duration
Monthly, quarterly,
semi-annually or annually
Interest paid
Rates
TermEURUSDGBPAUDNOKCAD
5 years2.00%1.20%0.50%0.40%0.25%1.20%
4 years1.80%1.30%0.45%0.43%0.20%1.23%
3 years1.50%1.35%0.40%0.45%0.18%1.25%
2 years1.15%1.40%0.35%0.48%0.15%1.28%
1 year0.80%1.50%0.30%0.50%0.10%1.30%

Good to know

1
Opening and managing the account is free of charge.
2
Interest rate is guaranteed for the entire term, and will remain unchanged regardless of changes in market interest rates.
3
Available in EUR, GBP, USD, AUD, NOK, or CAD.
4
The account can be opened with a minimum of 5,000 in the currency of denomination.
5
Interest rates are quoted gross of tax on a per annum basis.
6
You can choose to have interest paid monthly, quarterly, bi-annually or annually.
7
Withdrawals may be made only upon maturity of the account, and early withdrawals are not permitted.
8
The Bank and its products are regulated by the Malta Financial Services Authority.
9
Deposits are guaranteed up to €100,000 per depositor per credit institution under the Malta Financial Services Authority Depositor Compensation Scheme.
Open Account

Have any questions
about saving with us?

How do I open an account?
You can open an account by visiting one of our branches. We will assist you with the account opening process, which consists of submitting an account application form, an official identification document (ID card or passport) as well as a proof of address (recent utility bill or bank statement).
If you are unable to visit one of our branches, you can open an account online, by clicking on Become a Client from our website.

You will be prompted to provide an official identification document (ID card or passport) and take a picture of your face before filling the on-line application form. Once we have reviewed your application you will be notified by e-mail.
If you already hold an account with MeDirect opening additional accounts is quick and easy. You will just need to Log In to your account, click on Open an account and follow the steps indicated on screen.

Are there any fees to open and maintain an account?
No charges are applicable to open and maintain an account with MeDirect. For more information about fees please read our Tariffs & Charges Schedule for Banking Services
How can I deposit funds in my account?
You can deposit funds by instructing a bank transfer from an external bank account to your MeDirect account. We also accept cheques and bank drafts.