Looking to grow your savings, but still want access to your cash? This account gives you the goods: ongoing interest, without the commitment of a term deposit.


variable base rate.

With interest calculated daily and paid monthly, this account gives your savings room to spread its wings.


variable bonus rate.

On balances up to $250,000 in your first savings account if you tap & go™ weekly with an Everyday Transaction Account.^

no commitment

no commitment.

Afraid to commit? This account keeps it casual, save as much as you like, whenever you can.

no penalties

no penalties.

Easy access to your cash when you need it and no account-keeping fees.

ready to go?

At least 12 years old

Make sure you’re at least 12 years old and are opening the account for personal use.

Australian citizen or permanent resident

You need to be an Australian citizen, permanent resident or resident for tax purposes with an Australian residential address.

Getting you verified

If you’re new to ME we'll try and get your identity verified online with your driver's licence or passport.

Tax file number

Giving us your tax file number is optional, but worth doing — if you don’t we may have to deduct withholding tax.

learn more.

Savings plan calculator

savings calculator.

See what you could earn with us – crunch the numbers with our savings calculators.

Start crunching

August savings tips

7 hacks to grow savings.

Follow our simple hacks to fast-track your way to a decent stash of personal cash.

Savings tips

Financial education

financial education.

Get schooled with our online school of money.

Start learning

you may be interested in.

Everday transaction account


A bank account that knocks out your ATM fees.

Transaction account

Term deposits

term deposits.

Get guaranteed returns by locking-in a great rate.

Save on your terms

Frank low rate credit card


A low rate credit card with nothing to hide.

Low rate credit card

Home loans

home loans.

Basic or something extra, check our line up.

Open for inspection

things you should know.

the legal stuff.

* Variable interest rate is current at 22-Feb-2018 and subject to change.

^ 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 make a weekly purchase with your ETA Debit Mastercard® 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. 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.

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. Tap & go is a trademark of Mastercard International Incorporated.