The ME Bank Online Savings Account is a high interest savings account. It operates as a stand alone product which you must link to another bank accounts in order to transfer funds in and out. The linked bank account does not have to be with ME Bank.
The Members Equity Bank Online Savings Account features include:
- high rate of interest calculated daily and paid monthly
- no monthly bank fees
- access via phone banking and internet
- can be linked to any other Australian bank account
- open to non members
- statements are issued quarterly
The minimum age to open an account is 12 years.
You can open as many accounts as you like but all must still be linked to the outside account or ME transaction account.
The current interest rate is 5.60% pa.
Disclaimer: Product details including interest rates change without notice. Please check all details with the product provider before taking any action.