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.

Open an account.


Get fee-free cash management today.

Download and open now

Application checklist.

Make sure you’ve got all the paperwork you need for your online business savings account application. The checklist is part of the form.

Get verified in person.

You can also get your identity verified by sending us copies of ID documents, like your passport or driver’s licence.

Get the form


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

Beyond compare


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

Save me


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 18-Jun-2019 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.