ME Everyday Transaction Account

$0.00

ME, Westpac, St.George, BankSA, Bank of Melbourne

Debit Mastercard

ME Everyday Transaction Account Review

Rates and fees information correct as at 16 December 2017.

Review published: 18 April 2013

What's hot:

  • Mozo Experts Choice Awards Winner 2017

  • No account fees, No ATM fees

  • Buck the Debit Mastercard comes in a variety of colours

What's not:

  • Over the counter transaction fees

Mozo snapshot:

ME's competitive Everyday Transaction Account offers all the modern features you would expect from a bank account including no monthly fees, no fees on electronic transactions and free access to any ATM anywhere in Australia. Plus, the account comes with a Debit Mastercard called Buck, which comes in a range of cool colours and makes shopping a breeze as you can just tap and go for purchases under $100. Its value for money earned this account a Mozo Expert Choice Award for best value everyday banking. What's more, ME was named Savings Bank of the Year for its overall suite of great value savings, bank and term deposits.

Key features:

If you do most of your banking online, over the phone or at the ATM, the ME Everyday Transaction Account won't cost you a thing. There are no account fees and you'll never have to worry about ATM fees with this account in Australia as you can use any ATM free of charge.

Buck is the account's debit card, which is linked to the Mastercard network so you can make online or instore purchases anywhere in the world where MasterCard is accepted, that's 32 million locations in case you were wondering. While ATM withdrawals are free within Australia just be aware that international ATM withdrawals are $4 a pop and overseas purchases and withdrawals will also incur a 2.3% international transaction fee on top of the Australian dollar amount. 

So that you can find Buck quickly in your wallet you have the choice of four stylish card colours to choose from including Avocado Green, Lobster Red, Pineapple Yellow or Shark Blue.

Who it's good for:

Anyone over 16 can open an ME Everyday Transaction Account. It's a good account for those who want to skip account keeping fees, ATM fees and don't mind giving up the option of making deposits or withdrawals from a local branch.

Any catches?

Just watch shopping with Buck as there is a $2,000 per day, per card daily debit card withdrawal limit.

Also like most everyday accounts is that funds in an ME Everyday Transaction account won't earn any interest, so you would be better off slipping your savings over to a high interest saving account and transferring it across when needed.

How are ME bank accounts rated by the Mozo community?

Product Type Overall Rating Price Features Service Convenience Trust
8.6

Based on 75
ME bank accounts reviews

8.6 7.9 8.7 7.7 8.8

Read ME bank account reviews by the Mozo community

Latest reviews of ME Everyday Transaction Account

ME

ME Everyday Transaction Account bank account review

Overall rating   10 / 10

ME is a great provider

Excellent bank for all products and I am very happy with their online service.

Full review

Excellent bank for all products and I am very happy with their online service.

    Price   10 / 10

    Features   / 10

    Customer service   / 10

    Convenience   / 10

    Trust   / 10

Less

Linda (TAS), reviewed 6 months ago

ME

ME Everyday Transaction Account bank account review

Overall rating   8 / 10

Best online banking service I've tried

Was unhappy with their reliance on SMS, as I am in a marginal reception area. However newly purchased Sony Xperia phone works at home, so I now have no reservations.

Full review

Was unhappy with their reliance on SMS, as I am in a marginal reception area. However newly purchased Sony Xperia phone works at home, so I now have no reservations.

    Price   9 / 10

    Features   5 / 10

    Customer service   8 / 10

    Convenience   8 / 10

    Trust   10 / 10

Less

Peter (WA), reviewed almost 2 years ago

ME

ME Everyday Transaction Account bank account review

Overall rating   10 / 10

You don't wait for hours on the phone.

They take the time to call in person about some products.

Full review

They take the time to call in person about some products.

    Price   7 / 10

    Features   7 / 10

    Customer service   9 / 10

    Convenience   7 / 10

    Trust   8 / 10

Less

Jayne (QLD), reviewed almost 2 years ago

ME

ME Everyday Transaction Account bank account review

Overall rating   10 / 10

ME bank is by far the best bank in australia

ME bank is by far the best bank I have ever been with I am charged absolutely nothing at all for the service I have with this bank I get every cent back that I get charged for using another banks atm the customer service is way way above that of...

Full review

ME bank is by far the best bank I have ever been with I am charged absolutely nothing at all for the service I have with this bank I get every cent back that I get charged for using another banks atm the customer service is way way above that of other banks and they really treat me like a normal human being with the utmost dignity and respect I give praise to ME bank to friend's, family and even strangers if I had the chance.

    Price   10 / 10

    Features   10 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

Less

William (WA), reviewed about 2 years ago

ME

ME Everyday Transaction Account bank account review

Overall rating   9 / 10

Very convenient debit card.

Internet banking is straight forward and the APP for my Samsung Tablet is a great time saver.

Full review

Internet banking is straight forward and the APP for my Samsung Tablet is a great time saver.

    Price   7 / 10

    Features   8 / 10

    Customer service   8 / 10

    Convenience   7 / 10

    Trust   8 / 10

Less

Greg (VIC), reviewed about 2 years ago

Mozo may receive a payment from financial providers listed on the site. Customer reviews are in no way affected by any commercial relationships Mozo has with providers. Reviewers may receive a voucher from Mozo in exchange for their review. Vouchers are given to all reviewers who meet our review guidelines regardless of the sentiment of their reviews.

Rates

  • Balances from $0: 0.00% p.a.

  • none

  • none

Fees

  • $0.00

  • none

  • Unlimited free transactions from EFTPOS, phone, internet and BPAY, free access to ME and network ATMs, fee refunded at all other ATMs in Australia within 30 days of transaction.

  • $0.00

  • ME, Westpac, St.George, BankSA, Bank of Melbourne

  • $0.00

  • $0.00

  • $0.00

  • $0.00

  • $0.00

  • $0.00

  • $0.00

  • $4.00

  • 2.30%

  • $0.00 monthly

Other financial bits

  • $0.00

  • $0.00

Features

  • $2,000.00

  • no

  • yes

  • no

  • no

  • yes

  • yes

  • yes

  • none

  • Branch transactions are via Bank@Post

Atm card

  • none

  • none

  • none

Debit card

  • $4.00

  • $0.00

  • 2.30%

About ME

ME stands for a new kind of banking - one that's fairer, more transparent and is committed to great deals for its customers. ME was created by Australia's leading super funds and has award-winning home loans and term deposits, low-cost savings accounts, country-wide ATM access and banking experts that come to you at your convenience.

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