??!
2 photos
ME Bank Online Savings

ME Bank Online Savings

2.3 from 27 reviews · View Statistics

Reviews

2.3

27 reviews
5
(5)
4
(3)
3
(1)
2
(3)
1
(15)
  • Transparency
    2.5 (10)
Previous
Next
Kane

KaneGreater Melbourne (Outer), VIC

  • 23 reviews
  • 25 likes

Scam... Huge, endless rate drops again & again!!! 0-10!

published

Wow scam much. Mebank advertised a ok savings prom rate.. Once the account was opened and the funds deposited they dropped the rate multiple times with no notice

Scam scam scam

Don’t bother with this bank waste of time and money!!

Rabobank offer 2.0%! And heritage is 1.6%!

1.2 from me bank? Crap crap crap or and they won’t ever tell you about the rate drops they do it behind your back hoping you’ll never notice!

Transparency
Incentivised ReviewNo
Ali S

Ali SSydney, NSW

  • 2 reviews

20 years of great service

published

Opened accounts in early 2000s. Very happy with phone service calls which I’ve always found to be friendly and helpful. Online banking works very well for me - appreciate the email facility.

Transparency
Incentivised ReviewNo

ME Bank is a great discovery!

published

As a self-funded retiree, I regularly shop around for the bank that gives me the best TD and online rates. I switched to ME Bank last year and am extremely happy with their rates, service and ease of internet banking. I'm a very happy customer!

Transparency
Incentivised ReviewNo
Savings Accounts

Find out how ME Bank Online Savings compares to other Savings Accounts

Know better, choose better.

Compare all
Cecily

CecilySummer Hill

  • 6 reviews
  • 7 likes

Yesterday I gave 5 stars

published

My communication with ME Bank was so encouraging, such a positive can do professional approach. Not so today, the tired, disinterested approach which I relate to ME Bank. They will get to me in "due time" Probably needs two clicks of a mouse, which would have been quicker than the note he wrote, but I guess he just cuts and pastes to everyone

Incentivised ReviewNo
Davidi

DavidiTea Gardens, NSW

  • 3 reviews
  • 2 likes

ME Bank works for us!

published
Transparency
Incentivised ReviewNo
hardinlaw

hardinlawSouth East Queensland, QLD

  • 15 reviews
  • 18 likes

Be Wary

published

I was told the ATO had been advised of the interest earned. Not so. Had great trouble with Tax Office as a result. Incomplete or misleading information is the ME trade mark. We have rescued our money but cannot get ME to respond to any contacts.

Transparency
Incentivised ReviewNo
Stassi L

Stassi LSouth East Queensland, QLD

  • 27 reviews
  • 19 likes

Misleading - Online Savings Bonus

published

Like many reviewers here I have not received the bonus interest payment for the last three months.

I was sent an email in February that stated we did not need to tap and go to receive the bonus interest, so I did not bother using the card. However, apparently there are terms and conditions attached to that, which aren't available... anywhere... the bank seems to have taken down any mention of these changes as of today. if I wasn't sent that misleading email I would have tapped, and would have been paid several hundred dollars in interest. For anyone still banking with ME Online Saver - apparently you WILL need to do the tap this month to get the interest (and I'm sure the bank will forget to tell you!).

Transparency
Incentivised ReviewNo
Gri

Gri

  • 3 reviews
  • 2 likes

Absolutely scamming and misleading customers

published

I opened online saving account in March 2020, later they sent me an email that all people who opened saving account in March can automatic receiving 1.8% interest rate for 3 months in term of COVID-19 Crisis, there are same information on their website that stated very clear that l meet all the conditions and l should received 1.8% interest rate, but l only received 0.1% interest rate in 1/05/2020, it's totally unacceptable, keep away from them.

Incentivised ReviewNo

Osko Unavailable

published

ME Bank would be improved if it introduced Osko facility to account holders. Appreciate the easing of requirement to use credit card to qualify for interest bonus during present self isolation.

Incentivised ReviewNo
Savings Accounts

Find out how ME Bank Online Savings compares to other Savings Accounts

Know better, choose better.

Compare all
Veronica

VeronicaQld, 4285

  • 9 reviews
  • 1 like

Easy banking

published

I always like using the on-line banking system for ME. The savings accounts tabs are easy to use and are easy to understand. The phone APP is easy to navigate and I am happy to recommend using this.

Incentivised ReviewNo

Horrible.

published

Always unable to login. Transfers take longer than any other bank. Its never a constant and reliable service. Such a shame, I had high hopes. Unfortunately I cant rely on them.

Incentivised ReviewNo
Woody

WoodyHunter Region, NSW

  • 5 reviews
  • 5 likes

Not to be trusted

published

On the 11/11 I my term deposit matured and I had instructed them to deposit the total back into my account. Even though I had provided my TFN they still deducted tax. I have sent five emails asking them when the money will be in my account and I ave had five replies say how sorry there are and the funds will be in my account with-in 5 days. Each email is the same script but different CS name. Shameful service. Never again

Incentivised ReviewNo

service poor and misinformation

published

Made mant calls to this bank when they failed to return calls they said they would. It also seems that alot depends on the customer service person on the phone - some have experience while others seemed not to - with one part of the bank placing responsiblities on another part of the bank and vica versa.

Transparency
Incentivised ReviewNo
Rocket88

Rocket88South East Queensland, QLD

  • 8 reviews
  • 4 likes

Good experiences with ME Bank

published
Transparency
Incentivised ReviewNo
Chelsea K.

Chelsea K.Greater Melbourne (Inner), VIC

  • 2 reviews
  • 1 like

Transfer times belong in the 90s

published

Honestly. Money transfers times are beyond a joke. My weekly pay is always deposited at least 24hours after everyone elses clears and usually doesnt appear till Friday afternoon. Transferring to another bank, while the same account every week takes yet another 2-3 days. Its 2019. What other reason do they have for holding onto my money for so long other than the extra interest they can get due to old technology loopholes.

Transparency
Incentivised ReviewNo
Savings Accounts

Find out how ME Bank Online Savings compares to other Savings Accounts

Know better, choose better.

Compare all

4 weeks for a $5000 personal loan

published

I thought ME bank would be a breath of fresh air, instead, I am disgusted at leaving RACQ bank for this immature bank. They need to learn so much more.

Transparency
Incentivised ReviewNo
TPT

TPTMELBOURNE

  • 91 reviews
  • 160 likes

It's a good thing I see little value in stealing.

published
Incentivised ReviewNo
trompfy

trompfyGreater Melbourne (Outer), VIC

  • 191 reviews
  • 60 likes

The worst bank

published

I wouldn't recommend opening any accounts with them because they obviously couldn't careless about their customers and they obviously don't want your business so I definitely would recommend going to ANZ or Westpac where you are felt welcome and treated with respect.

Incentivised ReviewNo

Bonus Interest rate decreased with no notification

published

I complete agree with review from Jack from Sydney. These bank all the way to fool people around. How difficulty it is to notify existing customer that Bonus interest will decrease and now customers will only get 2.85% and not 2.95% before. I recently moved my money into ME Bank account but I guess I will take somewhere else now.
Cheat banks don't deserve my business.

Jack

JackSydney

  • 2 reviews
  • 10 likes
  • Verified customer

Bonus interest rate variable without notice

published
Page 1 of 2

Questions & Answers

Monica Gray

Monica Grayasked

What is the best interest rate for a term deposit for $287,000 for a period of 6 months?

1 answer
TPT
TPT

About 100 billion %. That is about the best you will ever get. I don't know who pays it though. Perhaps you could look up all the banks websites yourself, and come back here and tell us all yourself.

Monica Gray

Monica Grayasked

What is the best interest rate for a term deposit for $287,000 for a period of 6 months?

No answers

Get an answer from our members and ME (Members Equity) Bank representatives

ProductReview.com.au has affiliate partnerships. These do not influence our content moderation policies in any way, though ProductReview.com.au may earn commissions for products/services purchased via affiliate links.