Savings Account Rates, Fees & Charges
Online Savings Account
| Account Balance | Interest Rate |
|---|---|
| On every dollar in your account | 5.00 % p.a. |
Fees & Charges
Your Online Savings Account is currently bank fee free
InterestME Savings Account
| Account Balance | Interest Rate |
|---|---|
| $0 - $3000 (Tier 1) | 0.25 % p.a. |
| Over $3000 (Tier 2) | 4.50 % p.a. for amounts in excess of $3000 |
Fees & Charges
| Description | Amount |
|---|---|
| EFTPOS | First 15 EFTPOS transactions per month - free.
Each EFTPOS over the monthly free limit - $1.00 |
| ATM usage
(withdrawals/balance enquires) |
$1.00 |
| Bank@Post
(deposit/withdrawals/enquires) |
$1.00 |
| Internet and phone banking
(enquires/all transactions) |
Free |
| Account keeping fees | Free |
| Overdrawn account fee | $15.00 |
| Duplicate or interim statement | $5.00 per page |
| Copies of vouchers | $5.00 per voucher
or $60.00 per hour whichever is lesser. |
| Traces | $15.00 |
| Description | Amount |
|---|---|
| Direct debit request | Free |
| Dishonour (inward) | Free |
| Dishonour (outward) | $25.00 |
| Description | Amount |
|---|---|
| Per cheque issued | $1.00 |
| Dishonour (inward) | Free |
| Dishonour (outward) | $25.00 |
| Stop payments | Free |
| Bank cheque purchase | $6.00 |
| Bank cheque repurchase | $6.00 |
| Replace bank cheque | $25.00 |
Term Deposits
Interest Rates
| For deposits between > | $5000 and $249,999 | $250,000 and $499,999 |
|---|---|---|
| 3 months | 5.20 % p.a. | 5.20 % p.a. |
| 6 months | 4.50 % p.a. | 4.50 % p.a. |
| 9 months | 4.10 % p.a. | 4.10 % p.a. |
| 12 months | 4.05 % p.a. | 4.05 % p.a. |
| 24 months | 4.30 % p.a. | 4.30 % p.a. |
| Early Withdrawal Percentage Rate ^ | 2.00 % p.a. | 2.00 % p.a. |
For deposit amounts of $500,000 or more, please call us on 13 15 63
Fees & Charges
Your Term Deposit is currently bank fee free
^This will apply when you withdraw your Term Deposit Prior to maturity. We will reduce the fixed rate by the early withdrawal percentage rate, up to the amount of accrued interest. NB You cannot make a partial withdrawal.
Interest rates for Term Deposits are current as at 06-Jan-2009 for complete applications received by Members Equity Bank today. Interest rates are subject to change.
First Home Saver Account
| Account Balance | Interest Rate |
|---|---|
| On every dollar in your account | 8.00% p.a.* |
Fees & Charges
Your First Home Saver Account is bank fee free
* The interest rate for the Members Equity Bank First Home Saver Account will be fixed until 28-Feb-2009. After the 28-Feb-2009, the interest rate reverts to the standard variable FHSA interest rate which is currently 8.00% p.a. and is subject to change.
To obtain a copy of the Product Disclosure Statement for the Members Equity Bank First Home Saver Account, please call Members Equity Bank on 13 15 63. You should consider the Product Disclosure Statement in deciding whether to acquire, or continue to hold, a Members Equity Bank First Home Saver Account.
Interest rates are current as at 06-Jan-2009 and are subject to change. Fees and charges may apply. Terms and conditions available on request.
The information on this website is of a general nature only and has been prepared without taking account of your objectives, financial situation and needs. Before acting on the information, you should consider the appropriateness of the information having regard to your objectives, financial situation and needs.
Contact ME
- Product Enquiries
-
Personal Ph 13 15 63 Business Ph 1300 658 108 ME Contact Centre open Mon - Fri 8am - 8pm. Sat 9am - 5pm (EST)
- Existing Customers
-
Personal Ph 1300 654 998 Business Ph 1300 658 108 ME Contact Centre open Mon - Fri 8am - 8pm. Sat 9am - 5pm (EST)
- Phone Banking
-
Personal Ph 1300 654 998 Business Ph 1300 658 108