Me Savings Account

0.20% - 2.50%
Rate
1 - 3 - 6 - 12 months
Duration
Twice a year
Interest paid
Rates
TypeNotice PeriodRate before changeDate of Rate ChangeRate after change
EURGBPEURGBP
Me1212 months1.75%2.50%13th September 20201.00%0.80%
Me66 months1.00%2.00%13th March 20200.50%0.80%
Me33 months0.50%1.75%13th December 20190.30%0.80%
Me11 month0.25%1.00%14th October 20190.20%0.20%

Good to know

1
Opening and managing the account is free of charge.
2
Available in EUR and GBP.
3
In order to withdraw money from a Me Savings Account, one must submit a notice of withdrawal ahead of the planned withdrawal period. Each Me Account requires a different notice period, respectively the Me1, Me3, Me6 and Me12 Accounts require a notice period of at least 1,3,6 and 12 months.
4
A notice of withdrawal cannot be submitted during the first three months of opening the Me12 Account
5
Interest rates are quoted gross of tax on a per annum basis.
6
No minimum deposit required.
7
Interest is paid twice a year on the last business day of June and December.
8
Interest is calculated on the daily cleared account balance and is compounded.
9
Any interest rate change will come into effect with a prior notice only once the notice period of the specific Me account passes.
10
The Bank and its products are regulated by the Malta Financial Services Authority.
11
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.