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ME Bank

ME Bank’s Online Savings Account has no account-keeping fees or withdrawals fees. Customers earn a low base rate, but can claim bonus interest if they have an ME Everyday Transaction Account and make at least one tap-and-go purchase per week with an Everyday Transaction Account Debit Mastercard. ME also offers term deposits, home loans, personal loans, credit cards, car loans and insurance. ME Bank was founded in 1994 and is completely owned by industry superannuation funds.

ME Bank savings account interest calculator

Thinking about taking out a savings account with ME Bank? Use our savings account calculator to see how much you’d have to repay under different borrowing scenarios. You can also see how ME Bank savings account compare with various products.

Investing your money into a savings account is an effective strategy. This calculator is designed to help you achieve your savings goal faster. See how fast your savings can grow with regular deposits.

Initial deposit

Monthly deposit

Period

months

Your monthly interest earned

$15

Interest rate

2.95%

Total interest earned

$313

Total amount

$17,313

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