Features.

Put your money to work with competitive interest rates and zero bank fees.

No fees.

No set up fees, no monthly fees – no fees at all.

Monthly interest.

Interest is paid out at the start of each month, giving you the cash flow you need.

Government Guarantee.

Deposits of up to $250,000 are protected by a guarantee from the Australian government.

New Customers.

New Customers.

Step 1
Complete the Business Savings Application form

Step 2
Complete the form below that is relevant to your business structure.

Identification verification
If you are required to verify your identity at Australia Post, please fill out the Deposit Identity Verification form

Existing customers.

Existing customers.

Complete this Business Savings Application to open a Business Online Savings Account or a Business Term Deposit in the same business name as one currently held with ME.

Download form

Adding Signatories.

Adding Signatories.

Complete this Business Appointment of Signatory form if you are adding more than one signatory to a ME business account.

Download form

COMPARISON SITES.

How to get the best value out of banking comparison sites and make more of your money.

Beyond compare

SAVINGS GROWTH.

Seven simple hacks to fast-track your way to a bigger savings stash.

Save me

FINANCIAL SKILLS.

Get schooled with Ed, ME’s free online school of money.

Skill up

The legal stuff.

The legal stuff.

Business Online Savings Account terms and conditions
Fees and charges guide
 
Interest rates are current at 05-Dec-2020 and are subject to change. 
 
The Business Online Savings Account is not a transaction account. You can only withdraw money from your Business Online Savings Account by transferring it first to your linked nominated account that you hold at another bank.
 
Your total deposits with Members Equity Bank Limited (ME) up to $250,000 are guaranteed under the Australian Government Financial Claims Scheme.
 
Terms, conditions, fees and charges apply.
 
This is general information only and you should consider if these products are appropriate for you.