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  • bankmecu savings account reviews

    How are bankmecu savings accounts rated by the Mozo community?

    73%

    Overall Mozo Community rating: 7.3 out of 10

    bankmecu savings accounts

    Overall rating: 7.3 (16 reviews)*

    Last reviewed: 25 January 2012


    1. Overall customer rating
    1. Price
    1. Features
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    1. Trust

    * based on reviews in the past 12 months

    Reviews: 88

    Thumbs up: 79 | Thumbs down: 7

    Featured savings account from bankmecu

    • mySaver
    • special rate

      4.75%

    • interest rate

      0.25%


    Other savings accounts

    • TeleNet Saver
    • special rate

      5.65%

    • interest rate

      4.25%

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    • Bonus Saver
    • special rate

      5.20%

    • interest rate

      0.00%

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    Recent bankmecu savings account reviews

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        1. Overall customer rating
        2. (Reviewed 4 months ago)

      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.


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      bankmecu savings account reviewed by Julie from Victoria

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        1. Overall customer rating
        2. (Reviewed 4 months ago)

      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 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.


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      bankmecu savings account reviewed by Lyn from Victoria

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        1. Overall customer rating
        2. (Reviewed 5 months ago)

      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...       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.


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      bankmecu savings account reviewed by Vivienne from Victoria

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        1. Overall customer rating
        2. (Reviewed 6 months ago)

      I 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!


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      bankmecu savings account reviewed by a Mozo reviewer from Victoria

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        1. Overall customer rating
        2. (Reviewed 8 months ago)

      MECU 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.


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      bankmecu savings account reviewed by Shaun from Victoria

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        1. Overall customer rating
        2. (Reviewed 9 months ago)

      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       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


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      bankmecu savings account reviewed by Mary from Victoria

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        1. Overall customer rating
        2. (Reviewed 9 months ago)

      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.       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.


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      bankmecu savings account reviewed by Janet from Victoria

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        1. Overall customer rating
        2. (Reviewed 9 months ago)

      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 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.


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      bankmecu savings account reviewed by Wayne from Northern Territory

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        1. Overall customer rating
        2. (Reviewed 9 months ago)

      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 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.


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      bankmecu savings account reviewed by Emmanuel from Victoria

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        1. Overall customer rating
        2. (Reviewed 10 months ago)

      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.       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.


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      bankmecu savings account reviewed by Kaye from Victoria

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        1. Overall customer rating
        2. (Reviewed 11 months ago)

      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       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


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      bankmecu savings account reviewed by Narelle from Victoria

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        1. Overall customer rating
        2. (Reviewed about 1 year ago)

      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.       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.


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      bankmecu savings account reviewed by Leanne from Victoria

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        1. Overall customer rating
        2. (Reviewed about 1 year ago)

      Simple 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.


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      bankmecu savings account reviewed by Anne from Victoria

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        1. Overall customer rating
        2. (Reviewed about 1 year ago)

      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.       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.


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      bankmecu savings account reviewed by Naomi from Victoria

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        1. Overall customer rating
        2. (Reviewed about 1 year ago)

      we 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


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      bankmecu savings account reviewed by Mae from Victoria

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        1. Overall customer rating
        2. (Reviewed about 1 year ago)

      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.       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.


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      bankmecu savings account reviewed by Catherine from Victoria

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        1. Overall customer rating
        2. (Reviewed about 1 year ago)

      I 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!


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      bankmecu savings account reviewed by Sabine from Australian Capital Territory

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        1. Overall customer rating
        2. (Reviewed over 1 year ago)

      Very 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.


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      bankmecu savings account reviewed by Heather from Victoria

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        1. Overall customer rating
        2. (Reviewed over 1 year ago)

      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 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.


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      bankmecu savings account reviewed by Glen from Victoria

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        1. Overall customer rating
        2. (Reviewed over 1 year ago)

      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 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.


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      bankmecu savings account reviewed by Judy from Victoria

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        1. Overall customer rating
        2. (Reviewed over 1 year ago)

      I 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.


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      bankmecu savings account reviewed by Ficlark from Queensland

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        1. Overall customer rating
        2. (Reviewed over 1 year ago)

      Fees are good, but not a very impressive interest rate.       Full review 

      Fees are good, but not a very impressive interest rate.


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      bankmecu savings account reviewed by Phil from Victoria

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        1. Overall customer rating
        2. (Reviewed over 1 year ago)

      The 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


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      bankmecu savings account reviewed by Paul jeffery from Victoria

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        1. Overall customer rating
        2. (Reviewed over 1 year ago)

      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.       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.


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      bankmecu savings account reviewed by Colin from Victoria

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        1. Overall customer rating
        2. (Reviewed over 1 year ago)

      Easy to use and friendly service       Full review 

      Easy to use and friendly service


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      bankmecu savings account reviewed by Kevin from Victoria

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        1. Overall customer rating
        2. (Reviewed over 1 year ago)

      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 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.


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      bankmecu savings account reviewed by Elaine from Victoria

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        1. Overall customer rating
        2. (Reviewed over 1 year ago)

      A pleasant bank - in any way.       Full review 

      A pleasant bank - in any way.


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      bankmecu savings account reviewed by Edith from Victoria

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        1. Overall customer rating
        2. (Reviewed over 1 year ago)

      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.       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.


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      bankmecu savings account reviewed by Jenny from Victoria

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        2. (Reviewed over 1 year ago)

      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.       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.


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      bankmecu savings account reviewed by Damian from Victoria

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        1. Overall customer rating
        2. (Reviewed over 1 year ago)

      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.       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.


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      bankmecu savings account reviewed by a Mozo reviewer from Victoria

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