Basic Home Loan

Rate Comparison Rate*      
Variable   4.29%p.a. 4.30%p.a.      
        With Member Package
Annual package fee of $395 applies.
 
Flexible Home Loan  Rate Comparison Rate* Rate Comparison Rate*  
Variable   4.88%p.a. 4.89%p.a. 4.68%p.a.  5.07%p.a.  
Fixed1 Year 4.29%p.a. 4.84%p.a. 4.29%p.a. 5.04%p.a.  
  2 Year 4.28%p.a. 4.78%p.a. 4.28%p.a. 5.00%p.a.  
  3 Year 4.28%p.a.   4.73%p.a. 4.28%p.a.  4.97%p.a.  
  4 Year 4.79%p.a. 4.86%p.a. 4.79%p.a. 5.11%p.a.  
  5 Year 4.79%p.a.  4.86%p.a. 4.79%p.a.  5.12%p.a.  
  6 Year 5.99%p.a. 5.44%p.a. 5.99%p.a. 5.72%p.a.  
  7 Year 5.99%p.a.  5.51%p.a. 5.99%p.a.  5.80%p.a.  
Fixed Interest in Advance^1 Year 4.11%p.a. 4.82%p.a. 4.11%p.a 5.02%p.a.  

The following Home Loans are no longer sold 

        With Member Package
Annual package fee of $395 applies. 
 
Standard Home Loan  Rate Comparison Rate* Rate Comparison Rate*  
Variable   4.88% p.a. 4.89% p.a. 4.68% p.a.  5.07% p.a.  
 Fixed 1 year 4.29% p.a. 4.84% p.a. 4.29% p.a. 5.04% p.a.  
  3 year 4.28% p.a. 4.73% p.a. 4.28% p.a. 4.97% p.a.  
  5 year 4.79% p.a. 4.86% p.a. 4.79% p.a. 5.12% p.a.  
Ultimate Offset Account Rate Comparison Rate* Rate Comparison Rate*  
Variable   5.18% p.a. 5.19% p.a. 4.68% p.a.  5.07% p.a.  
Fixed 1 year 4.29% p.a. 5.16% p.a. 4.29% p.a.   5.06% p.a.  
  3 year 4.28% p.a. 5.09% p.a. 4.28% p.a. 5.02% p.a.  
  5 year 4.79% p.a. 5.13% p.a. 4.79% p.a. 5.10% p.a.    
Interest Only Investment Loan Rate Comparison Rate* Rate Comparison Rate*  
 Variable   4.88% p.a. 4.89% p.a. 4.68% p.a. 5.07% p.a.   
 Fixed 1 year 4.29% p.a. 4.84% p.a.

4.29% p.a.

5.04%p.a.  
  3 year 4.28% p.a. 4.73% p.a.

4.28% p.a.

4.97%p.a.  
  5 year
4.79% p.a. 4.86% p.a.

4.79% p.a.

5.12%p.a.

 

 

Comparison Rate Warning

*Comparison rates calculated on a loan of $150,000 for a term of 25 years, repaid monthly. Ultimate Offset Account - Fixed rates are only available on split loans and part of the split loan must have a variable rate. The example given assumes that the loan is split 50/50 between variable rate and fixed rate portions. Offset applies only to one variable portion of a split loan.


^Fixed Interest in Advance rates are only available for loans which are wholly or predominately for investment purposes.

WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.

 

Product Interest rate  

Online Savings Account

 

2.25% p.a. Variable Base Rate


0.95% p.a. Savings Plus Bonus Rate*    

 
EveryDay Transaction Account N/A  
InterestME Savings Account $0 - $3,000 (Tier 1) Over $3,000 (Tier 2)
  0.05% p.a. 1.00% p.a.

 

*BONUS INTEREST TERMS AND CONDITIONS.

You will receive our variable base rate plus a fixed bonus rate of 0.95% p.a. if you open your first Online Savings Account between 25 May 2015 and 30 July 2015, and within the first 14 days, link it to an ME Bank EveryDay Transaction Account by making your ME Bank EveryDay Transaction Account your nominated account. Bonus interest is payable on your first account only, on balances up to $250,000 for four months from the date your account is opened. If successful, you will receive a bonus interest rate confirmation letterClick here for full terms and conditions.


Your total deposits with ME Bank up to $250,000 are guaranteed under the Australian Government Financial Claims Scheme

 

Personal Loan Interest rate
  11.99% p.a.
  12.36% p.a. Comparison rate
Personal Loan Comparison Rate calculated on an unsecured loan of $30,000 for a term of 5 years, repaid monthly. WARNING: This comparison rate applies only to the example given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.

 

Term Deposit Term* Interest at Maturity Monthly Interest Quarterly Interest Half Yearly Interest Annual Interest
  1 month  2.30% p.a.        
  2 months  2.30% p.a.  2.25% p.a.      
  3 months  2.65% p.a.  2.60% p.a.      
  4 months  2.90% p.a.  2.85% p.a.  2.85% p.a.    
  5 months  2.65% p.a. 2.60% p.a.   2.60% p.a.    
  6 months  2.65% p.a.  2.60% p.a.  2.60% p.a.    
  7 months  2.65% p.a.  2.60% p.a.  2.60% p.a.  2.60% p.a.  
  8 months  2.90% p.a.  2.85% p.a.  2.85% p.a.  2.85% p.a.  
  9 months  2.65% p.a.  2.60% p.a.  2.60% p.a.  2.60% p.a.  
  10 months  2.65% p.a.  2.60% p.a. 2.60% p.a.   2.60% p.a.  
  11 months  2.65% p.a.  2.60% p.a.  2.60% p.a.  2.60% p.a.  
  12-17 months    2.85% p.a.  2.85% p.a.  2.85% p.a.  2.90% p.a.
  18-23 months    2.85% p.a.  2.85% p.a.  2.85% p.a.  2.90% p.a.
  24-35 months    2.95% p.a.  2.95% p.a.  2.95% p.a.  3.00% p.a.
  36-47 months    2.95% p.a.  2.95% p.a.  2.95% p.a.  3.00% p.a.
  48-59 months    3.05% p.a.  3.05% p.a.  3.05% p.a.  3.10% p.a.
  60 months    3.15% p.a.  3.15% p.a.  3.15% p.a.  3.20% p.a.

*All terms are in calendar months. We offer terms of between one month and 60 months. 

Interest rates for term deposits are applicable for amounts from $1,000.00 up to $500,000. For rates for amounts above $500,000, contact ME Bank on [13 15 63/1300 658 108]. Your total deposits with ME up to $250,000 are guaranteed under the Australian Government Financial Claims Scheme. You will get the interest rate that applies to your term deposit on the day your complete application is received as long as funds are received within three business days of your application. Otherwise, a different Interest Rate may apply to your account. We will credit interest at the selected interest payment frequency and at the maturity of the term.

 

 

Low Rate Credit Card Interest rate

Purchases, cash advances and balance transfers

 

 

9.99% p.a.

 

ME Bank MasterCard* Interest rate
*This product is no longer available  
Purchases, cash advances and balance transfers 12.25% p.a.

Things you should know.

Interest rates are current at 8am 02-Jul-2015 and are subject to change.

Fees and charges may apply. Terms and conditions available upon request. Applications for credit are subject to approval. This is general information only and you should consider if these products are appropriate for you.