SpendME card plant

Earn up to 5.55% p.a.2 interest with ME.

A HomeME home deposit savings account helps you stash cash and smash your saving goals. It comes bundled with a SpendME Transaction Account, which helps you earn bonus interest on your savings.
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To be eligible for bonus interest you must:

To be eligible for bonus interest you must:

tick Deposit $2,000 or more into your linked SpendME Transaction Account every month from an external bank account (it could be your salary or wages) and;

tick Ensure you grow your savings balance in your HomeME account each month. If you withdrew money, you’ll need to replace that, plus a little bit extra (this excludes interest paid by ME or any adjustments processed by ME).2

For example, if your starting month balance is $1000 and you withdraw $200 to pay for some bills, before month end, you would need to contribute at least $200.01 to be eligible for bonus interest. If you received any interest during the month, this does not contribute to your savings balance growing.

Smarter features on the Go.

The new ME Go app is full of helpful features to help you get the most out of your money
 

No monthly account keeping fees.

So you can focus on saving.

A total in-app experience.

Squeeze a whole bank into your pocket. An all in-app experience means no more internet banking on desktops. It’s all in your hands.

Supercharge your savings.

Hit your savings goals sooner with personalised insights and goal tracking.

Round ME up.

Top up your savings with every tap (and without a thought) thanks to Round Ups.

Scan ME qr code

Get Go’ing in 5 minutes.

ME Go is app only, so you won’t need access to ME’s internet banking system. The ME Go app is compatible with smartphone devices running iOS 14.0+ and Android™ 8.0+.

  

 

Take a great rate home.


Take a great rate home.


Balance up to

Base Interest Rate 

Bonus Interest Rate

With Bonus Interest

$0 - $100,000 0.55% p.a. +5.00% p.a. 5.55% p.a.
>$100,000 to $1,000,000 0.55% p.a. +2.45% p.a. 3.00% p.a.
> $1,000,000 0.55% p.a. N/A 0.55% p.a.

Now…about that Bonus Interest.

HomeME helps you stay on track to save for a home deposit through bonus interest. Here’s how interest is earned and paid:

Month 1 (e.g. January).
During the month, deposit at least $2000, into your SpendME transaction account from an external bank account (it could be your salary or wages) and grow the balance in your HomeME savings account (excluding interest). By doing this you’ve unlocked the bonus interest rate for the next month.

Month 2 (e.g. February).
ME calculates interest daily based on the closing balance in your HomeME account each day and pays your Bonus Interest into each HomeME savings account on the first day of the next month.

First Month.
To help you get started on reaching your savings goals, for the first month of your account being opened, you'll start earning Bonus Interest as soon as you deposit funds into your HomeME account (for new customers only). To continue to earn Bonus Interest each month, you'll need to meet the above Bonus Criteria every month.

Now…about that Bonus Interest.

HomeME helps you stay on track to save for a home deposit through bonus interest. Here’s how interest is earned and paid:

Month 1 (e.g. January).
During the month, deposit at least $2000, into your SpendME transaction account from an external bank account (it could be your salary or wages) and grow the balance in your HomeME savings account (excluding interest). By doing this you’ve unlocked the bonus interest rate for the next month.

Month 2 (e.g. February).
ME calculates interest daily based on the closing balance in your HomeME account each day and pays your Bonus Interest into each HomeME savings account on the first day of the next month.

First Month.
To help you get started on reaching your savings goals, for the first month of your account being opened, you'll start earning Bonus Interest as soon as you deposit funds into your HomeME account (for new customers only). To continue to earn Bonus Interest each month, you'll need to meet the above Bonus Criteria every month.






Get Go’ing in 5 mins.

ME Go is a mobile banking app only, so you won’t be able or need to use ME’s internet banking system.


Want to apply online from this device instead?

 

Get started online

 

 

On a desktop?

Grab your phone and scan the QR code (we’re all experts in this now). Download the banking app and apply for an account easily today.

App Store.

Grab your phone search for ME GO in the App Store. Compatible with smartphone devices running iOS 14.0+.

Google Play.

Grab your phone search for ME GO in Google Play. ME Go banking app is Compatible with smartphone devices running Android™ 8.0+

Things you should know.

Things you should know.

Our HomeME account is only available on the ME Go app and can't be accessed via Internet Banking. 

If you're already a ME account holder with accounts you access via Internet Banking, please note these accounts aren't accessible from the ME Go app. We’re working towards moving our current range of products over for customers and will be communicating that exciting journey to you in more detail soon. We have a whole page that explains this in more detail if you’d like to learn more.

To open a HomeME account, you’ll need to be:
  • over 14 years of age.
  • an Australian resident with an Australian residential address.
  • The account holder (applications cannot be completed and submitted by an Executor/Administrator/Power of Attorney/Legal Representative).
  • Opening the account for personal use.
SpendME cards

We’re making spending feel good with SpendME.

SpendME is the everyday transaction account doing good every time you tap your digital wallet, with 1c donated to the charity connected to your card. And the best bit? The donations are all on ME.

SpendME also has no account-keeping or international transaction fees, and when bundled with a HomeME savings account, it helps you earn easy bonus interest on your home deposit goal.

Find out more about SpendME
SaveME savings bundle jar

Get a savings boost of up to 4.25% p.a.1 interest.

Get a savings boost with our SaveME account bundle, featuring a savings account and a linked SpendME transaction account. You can spend, save and earn 4.25% p.a.interest when you make four settled card transactions each month. Talk about taking control of your financial future.

Find out more about our SaveME

 
ME educational resources couch

Sit back and take notes from ME.

Saving for a house deposit may seem tough but ME is here to help you with educational resources packed with valuable information and practical advice.

ME keeps you on track to grow your home loan savings account balance by coaching you through the journey. Ready to reach your homeowner goals sooner?

Learn the ins and outs of home buying

Feel Safe with ME.

Not only does our system constantly monitor your card to help prevent fraudulent behaviour, we’ve got loads of other security measures in place to help protect you:

Savings kept safe.

With one-time pins and biometric logins, your money’s always protected by a swipe or a smile.

Government guarantee.3

Your money is protected by the government guarantee, with up to $250,000 per person covered by the government’s Financial Claims Scheme.

BOQ backed.

In 2021 ME became part of the Bank of Queensland Group (BOQ), another homegrown Australian bank with the same customer-first values.

FAQ













The legal stuff.

The legal stuff.

* Any information provided within the chat is general and has not taken your objectives, financial situation or needs into account. Before deciding to acquire or continue to hold a product with ME, you should review the relevant terms and other product information and consider whether the product is suitable for you.
 

1. SaveME Account Bonus Interest terms and conditions.
The Bonus Interest Rate applicable to your SaveME Account will apply:

  • For each calendar month where you made four or more card transactions in the previous calendar month using the Visa debit card linked to a SpendME account in the same name (sole name account) or names (joint name accounts) as your SaveME account. Transactions that are pending do not count as a transaction for the previous calendar month and will be counted in the following calendar month; and
  • To the combined balance of your SaveME accounts up to a maximum combined SaveME account balance of $500,000.

If you don’t meet all of these bonus interest conditions you will receive variable base rate interest only, however in any month we may without notice waive the requirement for you to meet all of these conditions.

2. HomeME Account Bonus Interest terms and conditions.
The Bonus Interest Rate applicable to your HomeME Account will apply:

For each calendar month where:

  • A minimum of $2,000 was deposited into your SpendME account in the previous calendar month from an External Account. The SpendME account to which money is deposited must be held in the same name (sole name account) or names (joint names account) as your HomeME account;
  • The closing balance of your HomeME account on the last day of the previous calendar month was higher than the closing balance of your HomeME account on the last day of the calendar month before that  (excluding interest paid by ME or any adjustments processed by ME)
  • to the balance of your HomeME account up to $1,000,000. 
  • 5.55% p.a. is payable on balances up to $100,000.
  • 3.00% p.a. is payable on balances between $100,001 to $1,000,000
  • 0.55% p.a. is payable on balances >$1,000,000

If you don’t meet all of these bonus interest conditions you will receive variable base rate interest only, however in any month we may without notice waive the requirement for you to meet all of these conditions.

3. Government guarantee.
Deposits are protected by the Australian Government’s Financial Claims Scheme, up to $250,000 per person per authorised deposit-taking institution.


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  14-Apr-2024 and subject to change.

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