Competitive interest 3.10% p.a.  
Perfect for Businesses, trusts, and self-managed super funds  
Flexible access 24/7 access to your funds by linking the account to your existing business transaction account  
Government Guarantee Covered by the Australian Government Deposit Guarantee on deposits up to $250,000  
No fixed term
No account-keeping fees
No minimum balance
No application fees
Unlimited fee-free online banking transactions
Interest paid to your account monthly
Account balance Interest rate
On every dollar in your account 3.10% p.a.
Ongoing account-keeping fees No fee
Online banking balance enquiries No fee
Online banking transaction history No fee

Inward dishonour – cheque deposit

This fee is charged whenever any cheque you deposit is dishonoured (that is, the financial institution on which the cheque is drawn refuses to pay the value of the cheque)

$251

 

 

Inward direct entry dishonour

This fee is charged whenever any incoming direct entry payment to your ME Bank account from your nominated account is dishonoured due to a lack of cleared funds in your nominated account.

$251

Outward direct entry dishonour

This fee is charged whenever any outgoing direct entry payment from your ME Bank account to your nominated account is dishonoured due to a lack of cleared funds in your ME Bank account.

$251

Interim statement request

$5 per page1

Duplicate statement request

$5 per page1

Bank Guarantee – Application fee

1.25% (min. $400)

(Charged at application)

Bank Guarantee – Six monthly fee

1.25% (min. $400)

(Charged every six months in advance)

1 Charged to your account immediately

 

Things you should know.

Interest rates are current as at 19-Apr-2014 and are subject to change. Your total deposits with Members Equity Bank Pty Limited (ME Bank) up to $250,000 are guaranteed under the Australian Government Financial Claims Scheme.

Fees and charges apply. Terms and conditions available on request. This is general information only and you should consider if this product is appropriate for you.