Three steps to a fatter savings account.

On top of the healthy base rate, you could qualify for the Online Savings Account’s delicious variable bonus rate – every month. Follow these three simple steps to get your bonus.

1.30% p.a.1 variable base rate.

1. Open your accounts.

Open both your first ME Online Savings Account and an Everyday Transaction Account.

1.55% p.a.​variable bonus rate.

2. Tap & go™ weekly.

Make a weekly tap&go™ payment with your Everyday Transaction Account debit card and you could also get this variable bonus rate. Purchases must be processed in calendar month to be eligible for bonus interest.2

2.85% p.a.​variable base + bonus rate.2

3. Get paid.

At the end of the month, get a fat  2.85% p.a. on your Online Savings Account. That's a variable base rate plus a great variable bonus rate for balances up to $250,000.

Why go full fat?

Ongoing interest with no commitment – who says dreams don’t come true?


With no account-keeping fees, your cash stays right where it should.


Keep it casual – save as much or as little as you like, with no penalties.


Our bonus rate isn’t an introductory offer – just keep qualifying to get your extra savings.


See how fast we’ll get you there if you take out our Online Savings Account and Everyday Transaction Account and tap & goweekly.

You'll need to save $0.0 with our 3.05% p.a.* Online Savings Account Bonus variable rate1. Conditions apply.

Open an account.

Open now

You’ll need to have

• about 5 minutes
• your driver’s licence or passport
• your tax file number (optional)

You’ll need to be

• at least 12 years old
• an Australian citizen, permanent
resident or resident for tax purposes

What happens next

If we can verify you online, your account will open instantly – you can start earning interest today.

Don't take our word for it.

Mozo Bank of the Year 2018

Mozo Bank of the Year 2018

Mozo Named ME Australia’s Best Bank for having the widest range of highly-ranked products of any bank.

Money Minder of the Year awards

Money Magazine Awards 2018

The Money Minder of the Year award recognised ME as the best place to stash your cash.

Mozo Experts Choice 2018 Online Savings Account

Mozo Experts Choice 2018

Mozo placed ME's Online Savings Account in the top 10% for delivering exceptional value or benefits to our customers.

Canstar Online Savings Account 5-star Rating 2018

Canstar 5-star Rating 2018

Our Online Savings Account earned ME a 5-star Canstar rating for outstanding value.

Help & support.

Deposit money.

You can make deposits whenever you like by transferring money from another account.

Depositing money

Withdraw money.

Transfer funds to your nominated account any time via internet banking.

Transfer money

Online banking.

Our mobile app is great for banking on the go. Get it free from the App Store or Google Play.

Online banking


A bank account that knocks out ATM fees.3

Everyday Transaction Account


Simple life hacks to grow your stash of personal cash.

Save for anything


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

Get learning

The legal stuff.

The legal stuff.

Online Savings Account terms and conditions
Everyday Transaction Account terms and conditions
Fees and charges guide

1. Interest rate is current at 18-Oct-2018 and subject to change.
2. Online Savings Account (OSA) variable bonus interest terms and conditions.
To receive bonus interest on your OSA for any calendar month you must have a ME Everyday Transaction Account (ETA) and during that month we process at least one purchase you make with your ETA debit Mastercard® per week using tap & go™. Bonus interest is only payable on balances up to $250,000 on the first OSA you open. You’re automatically eligible for bonus interest on your first OSA unless it was opened before 10/08/15, in which case you’re only eligible upon request.  Purchases made in a calendar month which are processed in the next calendar month (for reasons beyond our control) are not eligible purchases for bonus interest. If you don’t meet all of these bonus interest conditions you’ll 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. We may change or withdraw the bonus interest offer at any time.
3. Free ATM access terms and conditions.
Open your new Everyday Transaction Account & receive a refund on fees incurred at all ATMs in Australia within 30 days of the transaction. We may change or withdraw this offer at any time.

Your total deposits in ME are protected up to a limit of $250,000. This protection is provided as part of the Financial Claims Scheme (FCS), which is an Australian Government scheme that provides protection and quick access to deposits in banks, building societies and credit unions in the unlikely event that one of these financial institutions fails. For more information about the FCS go to

Terms, conditions, fees and charges apply.
This is general information only and you should consider if these products are appropriate for you.
Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated.

Savings Calculator Information:

The results from this calculator are indicative only and shouldn’t be used for financial planning purposes. The calculation is based on the information input by you and assumes you qualify for the OSA bonus interest rate each month, the interest rate doesn’t change, you deposit the daily required savings each day and interest is calculated and paid in accordance with the OSA terms and conditions. This is general information only and you should consider if these products are appropriate for you.

Award notes
Money magazine, Money Minder of the Year is awarded to the provider most likely to have an account that delivers value for money and includes personal transaction accounts, children’s accounts, regular saver accounts, online saving accounts and term deposits

Mozo Experts Choice Award: The awards recognise products that deliver exceptional value or benefits to consumers. Judges base their decision on hard-nosed calculations of value to the consumer, using Mozo’s extensive product database and research capacity. Experts Choice Awards are awarded to the top 10% of products that meet the selection criteria in each awards category.

Canstar ranks savings accounts based on value-for-money measures and then awards a star rating according to rank. The top accounts will be awarded a five-star (or outstanding) rating. ME was awarded a 5-star rating in the following categories: Flexible Saver – customers looking to maximize their savings with no restrictions. To be eligible, the account must offer a base rate of 0.50% or higher on a balance of $25,000; and Regular Saver - for more active savers who are willing to meet stricter conditions to achieve higher levels of interest. To be eligible the account must offer a total rate (base plus conditional bonus rate) of 1% or higher on a balance of $10,000.