Your rich savings combo.

Open an Everyday Transaction Account alongside your first Online Savings Account, and you could qualify for a delicious monthly bonus rate.

Open now

0.80%p.a.


Variable base rate

You’ll always get the variable base rate – no matter what.

+

1.55%p.a.


Variable bonus rate

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.

=

2.35%p.a.


Total variable rate

You’ll get this total rate for any month in which you tapped every week, on balances up to $250,000.

Get there sooner.

Ongoing interest, commitment on your terms and no slippery hands. It’s the ultimate financial romance.

NO FEES.

No monthly fees, no account keeping fees – no fees at all. All your cash stays right where it should.

NO COMMITMENT.

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

NO DISAPPOINTMENT.

Our bonus rate savings aren’t an introductory offer – they’ll be around for years to come.

Calculate.

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.

Apply.

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 16 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.

Manage.

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

EVERYDAY BANKING.

A bank account that knocks out ATM fees.3

Everyday Transaction Account

GROW YOUR SAVINGS.

Simple life hacks to grow your stash of personal cash.

Save for anything

GET FINANCIAL.

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

Get learning

The legal stuff.

The legal stuff.

Online Savings Account terms and conditions (28 pages)
Everyday Transaction Account terms and conditions (37 pages) and fees and charges guide (1 page)

1. Variable interest rate is current at 18-Sep-2019 and subject to change.

2. Online Savings Account (OSA) variable bonus interest terms and conditions, valid until 30 September 2019.
 
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.
 
From 1 October 2019, we’re changing your Online Savings Account bonus interest Terms and Conditions to make it even easier for you to receive your bonus interest each month. You can find out more in our new terms and conditions below.
 
Online Savings Account (OSA) variable bonus interest terms and conditions, valid from 1 October 2019.
To receive bonus interest on your OSA for any calendar month you must have a ME Everyday Transaction Account (ETA) and during that month you make at least four tap & go™ purchases with your ETA debit Mastercard® which are settled by us with the relevant merchant. Your OSA(s) and ETA(s) must be in the same name (sole name accounts) or names (joint name accounts) for you to be eligible for bonus interest. Bonus interest is only payable on balances up to $250,000 on each OSA you open. You’re automatically eligible for bonus interest on each of your OSAs unless they were opened before 10/08/15, in which case you’re only eligible for bonus interest upon request from the date of the request. Purchases made in a calendar month which are settled by us in the next calendar month (for reasons beyond our control) do not count towards the four card purchases needed in the calendar month, but will contribute to the next calendar month’s count. If, on the day you close your OSA, there have been purchase transactions at the time of closure which have not yet been settled by us, these will not be eligible purchases for bonus interest. 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. 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 www.fcs.gov.au

 
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.