Become a Client

Fixed Term Account

from 0.05%
up to 1.00%
from 6 months
to 5 years
Monthly, quarterly,
semi-annually or annually
Interest paid
6 months1.00%0.15%1.00%0.25%0.05%0.20%
1 year1.00%0.15%0.30%0.25%0.10%0.40%
2 years0.45%0.20%0.35%0.30%0.15%0.40%
3 years0.55%0.20%0.35%0.30%0.18%0.45%
4 years0.65%0.25%0.35%0.30%0.20%0.60%
5 years0.75%0.25%0.35%0.30%0.25%0.65%

Good to know

Opening and managing the account is free of charge.
Interest rate is guaranteed for the entire term, and will remain unchanged regardless of changes in market interest rates.
Available in EUR, GBP, USD, AUD, NOK or CAD.
The account can be opened with a minimum of 100 in the currency of denomination.
Interest rates are quoted gross of tax on a per annum basis.
You can choose to have interest paid quarterly, bi-annually or annually. Interest for the 6 month account will be paid at maturity.
For accounts with a balance of 20,000 or more, in the currency of denomination, you have the additional option of interest to be paid monthly.
Withdrawals may be made only upon maturity of the account, and early withdrawals are not permitted.
The Bank and its products are regulated by the Malta Financial Services Authority.
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?
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. If you are not a client of MeDirect you will need to choose Become a Client 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 deposits by means of cheques and bank drafts.

© 2021 MeDirect Bank (Malta) plc. All rights reserved.
MeDirect Bank (Malta) plc, company registration number C34125, is licensed to undertake the business of banking in terms of the Banking Act (Cap. 371) and investment services under the Investment Services Act (Cap. 370). MeDirect Bank (Malta) plc is regulated by the Malta Financial Services Authority as a Credit Institution under the Banking Act 1994.