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  4. SaveME

SaveME

  • Bonus interest with conditions
  • Linked account required

Maximum rate p.a.

4.25%*

Base rate p.a.

0.05%

SaveME

  • Bonus interest with conditions
  • Linked account required

Maximum rate p.a.

4.25%*

Base rate p.a.

0.05%

Pros and Cons

For SaveME

Benefits

  • Better than average maximum interest rate
  • Ongoing bonus interest (conditions apply)
  • No ongoing account fees
  • No minimum balance

Drawbacks

  • This is a digital only product; branch and phone banking not available
  • Only available with linked transaction account

ME Bank Rate Savings Account overview

For SaveME

Account Details

Maximum rate p.a.

4.25%*

Minimum age restrictions

14

Base rate p.a.

0.05%

Maximum age restrictions

Maximum rate condition

*Make at least four monthly transactions using ...

Minimum opening deposit

$0

Interest calculation method

Tiered

Target Market Determination

Visit ME Bank to view Target Market Determination.

Features

Joint application available

Is online only

Linked account required

Methods of Access

Internet facility

ATM access

Phone facility

Eftpos facility

Branch access

App

App only

Fees

Account keeping fees

$0

Eftpos fee

N/A

ATM withdrawal fee

N/A

Overseas eftpos fee

N/A

Internet transaction fee

N/A

Over the counter deposit fee

N/A

Phone transaction fee

N/A

Over the counter withdrawal fee

N/A

Other Restrictions

Must be an Australian resident with an Australian residential address. ATM and Eftpos capabilities available through the setup of a SpendMe transaction account.