Compare all savings accounts
Low fees, great customer service over phone and internet only. The down side is there are few physical branches and they are not centrally located. Full review
Low fees, great customer service over phone and internet only. The down side is there are few physical branches and they are not centrally located.
1 person found this review helpful – do you?
YesThe savings account is much the same as the other banks. Closure of branches has made it very difficult to deposit cheques as not everyone does direct deposit. Staff are very helpful if you know what question to ask but the overall bank has lost t... Full review
The savings account is much the same as the other banks. Closure of branches has made it very difficult to deposit cheques as not everyone does direct deposit. Staff are very helpful if you know what question to ask but the overall bank has lost the Personal interaction that was there before it became bankmecu.
Was this review helpful?
YesBankmecu have always been extremely accessible re any queries or help needed via phone and now there is a physical branch in Bendigo, everything just got even easier. Staff are always fantastic to deal with and actually help when there is an issue... Full review
Bankmecu have always been extremely accessible re any queries or help needed via phone and now there is a physical branch in Bendigo, everything just got even easier. Staff are always fantastic to deal with and actually help when there is an issue. The bank phoned me when there was a concern with an internet purchase and phoned a second time to suggest I cancel my card and obtain a new one to avoid illegal deductions being made. How fantastic is that! They certainly have the customers best interests at heart.
Was this review helpful?
YesI have been banking with MECU for over 20 years...no unfair fees even if your account is accidentally overdraw....fabulous! Full review
I have been banking with MECU for over 20 years...no unfair fees even if your account is accidentally overdraw....fabulous!
Was this review helpful?
YesMECU has been a good institution, we have been happy with their service for many years now. Full review
MECU has been a good institution, we have been happy with their service for many years now.
Was this review helpful?
YesI like this bank as it has looked after me very well in all my needs anything I asked for I was looked after very well Full review
I like this bank as it has looked after me very well in all my needs anything I asked for I was looked after very well
Was this review helpful?
Yesfees and charges increasing all the time as they get bigger. The staff are not conversant with the information needed for various accounts especially new ones. Full review
fees and charges increasing all the time as they get bigger. The staff are not conversant with the information needed for various accounts especially new ones.
Was this review helpful?
YesMECU staff are always friendly and make the customer feel important whenever contact is made either face to face or over the phone. They still treat their customers like the customer is the most important person in the transaction. I would never c... Full review
MECU staff are always friendly and make the customer feel important whenever contact is made either face to face or over the phone. They still treat their customers like the customer is the most important person in the transaction. I would never consider going anywhere else after more than 25 years membership.
Was this review helpful?
YesBeen with them for over 30 years! Started off as a cooperative credit union and has grown to a fully fledged bank. In all that time and through all the name changes, this credit union never lost sight of its most valuable resource: us the customer... Full review
Been with them for over 30 years! Started off as a cooperative credit union and has grown to a fully fledged bank. In all that time and through all the name changes, this credit union never lost sight of its most valuable resource: us the customers who built it. I am proud to have been a part of the history and evolution of mecu.
Was this review helpful?
YesEase of operating my everyday banking needs are simple, especially online banking. As a long standing customer I have never had an adverse experience of any kind. I would recommend the product to everyone without hesitation. Full review
Ease of operating my everyday banking needs are simple, especially online banking. As a long standing customer I have never had an adverse experience of any kind. I would recommend the product to everyone without hesitation.
Was this review helpful?
YesI think they charge way too much for fees. I originally went with them because they didn't charge withdrawal, eftpos etc fees. Now I pay more than I would at any bank. Maybe it's time to switch banks Full review
I think they charge way too much for fees. I originally went with them because they didn't charge withdrawal, eftpos etc fees. Now I pay more than I would at any bank. Maybe it's time to switch banks
Was this review helpful?
YesWhilst I like the flexibility that a middle tier institution brings unfortunately they have introduced higher fees & yet I have received no addtional services or rewards to compensate. Full review
Whilst I like the flexibility that a middle tier institution brings unfortunately they have introduced higher fees & yet I have received no addtional services or rewards to compensate.
Was this review helpful?
YesSimple to understand - no hidden add on costs for using your own money. Excellent friendly service available on-line and by phone. Full review
Simple to understand - no hidden add on costs for using your own money. Excellent friendly service available on-line and by phone.
Was this review helpful?
YesI like this savings account that we have its all done on line. The inter rates are god. All in all hapy with the account. Just need to make sure the bank had ur tax file number or they take money out. Full review
I like this savings account that we have its all done on line. The inter rates are god. All in all hapy with the account. Just need to make sure the bank had ur tax file number or they take money out.
Was this review helpful?
Yeswe have been with this credit union for approximately 40 years and continue to believe it has the best benefits Full review
we have been with this credit union for approximately 40 years and continue to believe it has the best benefits
Was this review helpful?
YesAccount fees are too high. I have been incorrectly charged excessive over the limit and dishonour fees before. Once I pointed this out I did receive a refund, however it would have gone unnnoticed had I not brought it to their attention. Full review
Account fees are too high. I have been incorrectly charged excessive over the limit and dishonour fees before. Once I pointed this out I did receive a refund, however it would have gone unnnoticed had I not brought it to their attention.
Was this review helpful?
YesI like this product because there are minimum fees and maximum interest. Certainly better for the customer than the big banks! Full review
I like this product because there are minimum fees and maximum interest. Certainly better for the customer than the big banks!
Was this review helpful?
YesVery few teller machines and no arrangements with other banks for free transactions. Otherwise no better no worse than others. Full review
Very few teller machines and no arrangements with other banks for free transactions. Otherwise no better no worse than others.
Was this review helpful?
YesDespite all the credit union hype, the fees on these everyday accounts are now so much more than any of the major banks - you even pay $1.50 to use their own redi atm network, but have to as they charge you $2 to take your money out over the count... Full review
Despite all the credit union hype, the fees on these everyday accounts are now so much more than any of the major banks - you even pay $1.50 to use their own redi atm network, but have to as they charge you $2 to take your money out over the counter. About to close mine and go back to a proper bank with competitive products.
Was this review helpful?
YesI like the credit union as they have member rewards points which are deducted from my monthly fees. They keep customers informed by email and they even have a yearly footy tipping competition. They do not charge for overdrawn cheques if the mone... Full review
I like the credit union as they have member rewards points which are deducted from my monthly fees. They keep customers informed by email and they even have a yearly footy tipping competition. They do not charge for overdrawn cheques if the money is deposited later the same day to cover the amount and they do not dishonour direct debit charges if there are insufficient funds.
Was this review helpful?
YesI feel they have my best interests at hand and actively tell me how to reduce fees. Full review
I feel they have my best interests at hand and actively tell me how to reduce fees.
Was this review helpful?
YesFees are good, but not a very impressive interest rate. Full review
Fees are good, but not a very impressive interest rate.
Was this review helpful?
YesThe product is good, service is excellent just what you want form your credit union Full review
The product is good, service is excellent just what you want form your credit union
Was this review helpful?
YesThey are small enough to care and they have a philosophy of working together. They are upfront about fees and give clear indications on how to avoid or at least minimise them. I have not paid ANY fees for years due to their Member Reward program. Full review
They are small enough to care and they have a philosophy of working together. They are upfront about fees and give clear indications on how to avoid or at least minimise them. I have not paid ANY fees for years due to their Member Reward program.
Was this review helpful?
YesEasy to use and friendly service Full review
Was this review helpful?
YesI have been with institution through many changes. I joined them back when they were North West Country Credit. They have helped me out many times in various ways. Small short term loans: Liaising with a bank to help me access funds to get home wh... Full review
I have been with institution through many changes. I joined them back when they were North West Country Credit. They have helped me out many times in various ways. Small short term loans: Liaising with a bank to help me access funds to get home when my card was stolen: expediting paperwork to me via e-mail these are just a few examples of this banks helpfulness.
Was this review helpful?
YesA pleasant bank - in any way. Full review
Was this review helpful?
YesMecu's Cyber Saver account offers excellent interest rates of 4.8%. Their online banking allows you to transfer monthly payments without charge or fuss and the staff are always extremely friendly and willing to help. Full review
Mecu's Cyber Saver account offers excellent interest rates of 4.8%. Their online banking allows you to transfer monthly payments without charge or fuss and the staff are always extremely friendly and willing to help.
Was this review helpful?
YesMecu is as good bank to deal with. There customer service is great however a lack of branches in the Melbourne metro area makes it difficult. Full review
Mecu is as good bank to deal with. There customer service is great however a lack of branches in the Melbourne metro area makes it difficult.
Was this review helpful?
YesFor many years mecu's customer service has been outstanding. They are reliable and trustworthy. They follow through with enquiries when requested but never hassle us with upsell or unnecessary advertising. I happily recommend mecu. Full review
For many years mecu's customer service has been outstanding. They are reliable and trustworthy. They follow through with enquiries when requested but never hassle us with upsell or unnecessary advertising. I happily recommend mecu.
Was this review helpful?
YesWhat type of savings account are you looking for?
minimum deposit, no withdrawals
Highest rated savings accounts- as voted by the Mozo Community (rating out of 10)
Savings Accounts Quick Links
Follow Mozo on: