Making concessions.

Making concessions.

We believe in helping all Australians get ahead, so customers eligible for our Benefit Everyday Transaction Account won't be charged certain fees.

To be eligible, you’ll need to hold:

  • Commonwealth Seniors Health Card; or
  • Health Care Card; or
  • Pensioner Concession Card
During the application process you’ll be asked to provide details on what concession card you hold.

Eligible customers won’t be charged.

Payment dishonour fee

When a payment from your Everyday Transaction Account is dishonoured (due to lack of funds in your account).

Overdrawn account fee

When your Everyday Transaction Account is overdrawn1.

Cheque dishonour fee

When a cheque written by you is dishonoured (due to a lack of cleared funds in your account).


Other features and benefits.

Learn more about features and benefits of the Everyday Transaction Account

$0 account-keeping fees.

$0 account-keeping fees, $0 minimum deposits. $0 is something worth celebrating with ME.

ATM fee rebate

 Get hit with a transaction fee for using an Australian ATM? We’ll refund it2.

Colour code your cash.

Having different accounts in different colours helps you live within your means and keep on track for your goals.

Open an account.

Here’s how to open a bank account online with ME – in just 5 minutes.

Open now

If you’re a new customer, you’ll need:

  • your concession card (either your Commonwealth Seniors Health, Health Care or Concession Card)
  • your passport, Australian driver licence or Medicare card
  • your tax file number (optional)

You'll need to be: At least 16 years old and an Australian citizen, permanent resident or resident for tax purposes

What happens next?

Be sure to select your concession card from the drop down when completing your application.

Then, if you’re eligible, we’ll apply the fee waivers to your Everyday Transaction Account. 

If you’re an exisiting customer:

Let us know which concession card you hold by; 

  • Sending us a message via live chat or secure mail in internet banking.
  • Calling ME on 13 15 63 Monday to Friday 8am-8pm, or Saturday 9am-5pm (AEST/AEDT)

The legal stuff.

The legal stuff.
  1. Overdrawn account fee: We will not permit you to overdraw your account, except where it is impossible or reasonably impractical for us to prevent your account from being overdrawn. 
  2. Free ATM access terms and conditions: Open your new Everyday Transaction Account & receive a refund on fees incurred at all ATMs in Australia usually within 5 minutes of the transaction. We may change or withdraw this offer at any time. The Benefit Everyday Transaction Account is only available for accounts opened in one name (sole account), not joint accounts.

The Benefit Everyday Transaction Account is only available for accounts opened in one name (sole account), not joint accounts.

Terms, conditions, fees and charges apply.

This is general information only and you should consider if this product is appropriate for you.

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