Compare savings accounts with ME.

From a home deposit to holiday funds, ME's high interest savings accounts offer great rates, no matter what you're saving for.{sub-heading}

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Good products to Go.

HomeME

Earn our highest rate towards your next big purchase.

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Interest earned when you meet the monthly criteria

SaveME

Make saving easier with a great rate and smart budgeting tools.

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Interest earned when you meet the monthly criteria

Term deposits

We’ve launched a brand-new way to term deposit – exclusively through ME Go app and internet banking.

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Lock in a great rate with as little as $5,000

Savings calculators.

Term deposit calculator.

Need to check out estimated returns on ME term deposits? Calculate your estimated term deposit return

Calculate your estimated term deposit return

Savings calculator.

Find out how much you need to save to get you to your goal. Calculate your savings

Calculate your savings

Budget planner.

See how much it might cost to get where you're going. Start budget planning

Start budget planning

Ready, set, save!

Set your sights. Whether it's a sprint or a marathon, choose your finishing line and we'll help you get there.

Save your savings.

7 handy tips to help you from spending your savings.

Read our top saving tips

Fast-track your savings.

Ramp up your personal savings with these 7 tips.

Learn how to save fast

Saving for a big purchase.

We’ve got 5 easy steps to help you with your big savings goals.

Start saving for that big purchase

How to set savings goals.

Here’s a simple way to set and achieve your savings goals.

Set your goals

Saving strategies for a holiday.

With the right savings plan, you can set the foundations to turn that re-no into a ren-yes.

Learn how to holiday more often

Saving your home deposit.

Here are ME’s top tips for saving for a home deposit.

Get a foot on the property ladder

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Help & Support.

Learn more about our ME Go banking app

Manage your finances online

See how we can help with financial hardship

Tips to help get you financially fit.

Learn all about investing

Learn about budgeting

Learn about saving

Learn all things home buying

Savings account comparison FAQs.

This information is of a general nature only and does not take into account your personal financial situation, needs or objectives.

How to compare savings accounts?

When comparing savings accounts and deciding where to save your money, you should look for:

  • Interest rates
  • Account fees
  • Account features
  • Minimum requirements to earn interest

You should have your personal savings goal in mind when comparing savings accounts to find which account best suits your needs and goals.

Which savings account is best for me?

The savings account that is best for you will depend on how you save and what your savings goals are. Each account will differ in the interest rate provided, requirements to earn that interest rate and other features.

For example: If you’re saving for a home loan deposit, our HomeME account could be perfect for you, but it also requires a minimum deposit. ME’s HomeME account is designed to fast-track your home deposit savings with a high interest rate, but requires a minimum deposit of $2,000 each month into your SpendME account to earn the bonus rate2. Alternatively, our SaveME account does not require a minimum deposit amount but other conditions apply1.

How do I open a savings account with ME?

Opening a savings account with ME is as easy as 1, 2, ME. You can apply for a new savings account online or you can download the ME Go app from App Store and Google Play Store, sign up, provide all the required information and then start using your account!

Terms, conditions, fees and charges apply so please consider if the HomeME or SaveME account is right for you.

Term deposit vs savings account?

The difference between a term deposit and a savings account is the amount and term. On one hand, a savings account can be more flexible, allowing you to deposit and withdraw as you wish. For term deposits, you can decide the amount of money you would like to deposit, along with the period that you would like to accrue interest for and lock in an interest rate. However, there may be restrictions on your ability to withdraw the amount you’ve deposited into the account and early withdrawals may receive a different interest rate, find out more about ME’s Term Deposits.
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Terms, conditions, fees and charges apply. This is general information only and you should consider if these products are right for you.

Interest rates current as at {current-date} and subject to change.

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