ME stands for a new kind of banking - one that's fairer, more transparent and is committed to great deals for its customers. ME offers 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.
In 2021, ME was named SMSF Savings Bank of the Year at the Mozo Experts Choice Awards for Bank Accounts and Savings.
I have had many homeloans over my time, and to be honest, Me Bank was my first 'non-traditional' bank (not one of the big 4 or associates)... but from signing up day one I had concerns. Communication is poor with this bank. Staff don't tell you 'everything' and for instance, fee and charges are hidden until sign-on has occurred. When I had questions, I would be referred to other departments, people etc who wouldn't return my calls. Eventually, you just gave up... The disappointing this is their "Members Package".... its $395 a year to have an interest rate comparative to other banks.... or if you don't take this offer, its 2% higher (YES... 2%.... mine was 6.09%, I refused to pay the ridiculous Members fee, and they pushed my homeloan interest rate up to 8.53%... So with that... Im out. DO NOT USE THIS BANK... they are dodgy, misleading, and only in it for the profits (like many others)...
Mebank is always very fast to communicate with me regarding anything to do with my account.Not only that but the option to use a card that will donate money to charity makes it feel good to be spending money on necessities or splurge purchases. It is very easy and smooth to access my money online or withdraw money. Not only that but the no fees is always reassuring so I never have to worry about unexpected fees.
Me bank term deposit has a break early fee, not just the interested that gets affected. Be mindful when opening an account with them.
They have about 3 ATMs only in Melbourne and none are near me, they recently updated their system and deactivated everyone's bank cards and the card they sent me was delayed so i had no access to my account for a week.
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