Bank of Melbourne savings account reviews

Bank of Melbourne
Bank of Melbourne's overall rating for savings accounts

(as rated by the Mozo community)

8.0 / 10

based on 99 reviews

Price

Features

Customer service

Convenience

Trust

Featured savings account from Bank of Melbourne

Recent Bank of Melbourne savings account reviews

Bank of Melbourne

Bank of Melbourne Maxi Saver savings account review

Overall rating   10 / 10

Bank of Melbourne are fantastic

They deliver superior services and I couldn't be happier recommending my local Branch at Waurn Ponds.

Full review

They deliver superior services and I couldn't be happier recommending my local Branch at Waurn Ponds.

    Price   10 / 10

    Features   / 10

    Customer service   / 10

    Convenience   / 10

    Trust   / 10

Less

Sharon (VIC), reviewed 7 months ago

Bank of Melbourne

Bank of Melbourne savings account review

Overall rating   3 / 10

Preferred being with my previous provider

I don't love my bank, but as I need an account that suits my day to day life, Bank of Melbourne will have to suffice.

Full review

I don't love my bank, but as I need an account that suits my day to day life, Bank of Melbourne will have to suffice.

    Price   2 / 10

    Features   / 10

    Customer service   / 10

    Convenience   / 10

    Trust   / 10

Less

Belinda (VIC), reviewed 11 months ago

Bank of Melbourne

Bank of Melbourne Maxi Saver savings account review

Overall rating   10 / 10

The People's Bank

Their bank fees are one of the lowest compared to other banks and they have a strong connection with people through their banking needs.

Full review

Their bank fees are one of the lowest compared to other banks and they have a strong connection with people through their banking needs.

    Price   8 / 10

    Features   10 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

Less

Andrew (VIC), reviewed about 1 year ago

Bank of Melbourne

Bank of Melbourne Incentive Saver Account savings account review

Overall rating   10 / 10

The best Bank

I will stay with this bank forever, I love it!

Full review

I will stay with this bank forever, I love it!

    Price   6 / 10

    Features   7 / 10

    Customer service   9 / 10

    Convenience   6 / 10

    Trust   10 / 10

Less

Tamaea (VIC), reviewed over 1 year ago

Bank of Melbourne

Bank of Melbourne Incentive Saver Account savings account review

Overall rating   7 / 10

A good account for somebody Hoping to save

Great bank account, just wish the interest rate was slightly higher.

Full review

Great bank account, just wish the interest rate was slightly higher.

    Price   9 / 10

    Features   5 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

Less

Jack (VIC), reviewed over 1 year ago

Bank of Melbourne

Bank of Melbourne Maxi Saver savings account review

Overall rating   8 / 10

Competent,courteous staff

This Bank has very professional staff that are always cheerful, professional and courteous-they go out of their way to assist and are not averse to redirecting one to alternative suppliers with better deals or more flexibility. They were there...

Full review

This Bank has very professional staff that are always cheerful, professional and courteous-they go out of their way to assist and are not averse to redirecting one to alternative suppliers with better deals or more flexibility. They were there when I needed them not like two other Banks I hade been with for a number of years.

    Price   8 / 10

    Features   5 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

Less

David (VIC), reviewed over 1 year ago

Bank of Melbourne

Bank of Melbourne Maxi Saver savings account review

Overall rating   9 / 10

Very good bank

Very easy to talk too and customer service is great.

Full review

Very easy to talk too and customer service is great.

    Price   9 / 10

    Features   9 / 10

    Customer service   9 / 10

    Convenience   7 / 10

    Trust   8 / 10

Less

John (VIC), reviewed almost 2 years ago

Bank of Melbourne

Bank of Melbourne Maxi Saver savings account review

Overall rating   8 / 10

Great customer service

Caring staff

Full review

Caring staff

    Price   7 / 10

    Features   4 / 10

    Customer service   7 / 10

    Convenience   8 / 10

    Trust   8 / 10

Less

Brenda (VIC), reviewed almost 2 years ago

Bank of Melbourne

Bank of Melbourne savings account review

Overall rating   10 / 10

Best customer service I have experienced

Very happy with BoM face to face, over the phone and internet service. Great account options available.

Full review

Very happy with BoM face to face, over the phone and internet service. Great account options available.

    Price   8 / 10

    Features   10 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

Less

Camelia (VIC), reviewed almost 2 years ago

Bank of Melbourne

Bank of Melbourne Incentive Saver Account savings account review

Overall rating   10 / 10

Competitive rates - terrific customer service.

Competitive rates - terrific customer service.

Full review

Competitive rates - terrific customer service.

    Price   9 / 10

    Features   9 / 10

    Customer service   10 / 10

    Convenience   8 / 10

    Trust   10 / 10

Less

Sue (VIC), reviewed almost 2 years ago

Bank of Melbourne

Bank of Melbourne Maxi Saver savings account review

Overall rating   5 / 10

Great customer service

It is confusing and not for me

Full review

It is confusing and not for me

    Price   5 / 10

    Features   7 / 10

    Customer service   10 / 10

    Convenience   7 / 10

    Trust   5 / 10

Less

Travel (VIC), reviewed almost 2 years ago

Bank of Melbourne

Bank of Melbourne savings account review

Overall rating   3 / 10

Ok

Ok all ok with the bank so far. Good service

Full review

Ok all ok with the bank so far. Good service

    Price   5 / 10

    Features   3 / 10

    Customer service   5 / 10

    Convenience   4 / 10

    Trust   1 / 10

Less

Kylie (VIC), reviewed about 2 years ago

Bank of Melbourne

Bank of Melbourne savings account review

Overall rating   9 / 10

Amazing.

Amazing bank.

Full review

Amazing bank.

    Price   9 / 10

    Features   10 / 10

    Customer service   9 / 10

    Convenience   10 / 10

    Trust   9 / 10

Less

Samantha (VIC), reviewed about 2 years ago

Bank of Melbourne

Bank of Melbourne Maxi Saver savings account review

Overall rating   10 / 10

The best bank I have ever been with.

This bank is awesome, I have been with major banks before and their customer service has always been a key let down! Bank of Melbourne is always kind, and it actually feels like they care about your financial well being!

Full review

This bank is awesome, I have been with major banks before and their customer service has always been a key let down! Bank of Melbourne is always kind, and it actually feels like they care about your financial well being!

    Price   10 / 10

    Features   10 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

Less

Misato (VIC), reviewed about 2 years ago

Bank of Melbourne

Bank of Melbourne savings account review

Overall rating   9 / 10

Friendly and helpful staff.

Friendly and helpful staff and also branches popping up more and more which is great.

Full review

Friendly and helpful staff and also branches popping up more and more which is great.

    Price   8 / 10

    Features   8 / 10

    Customer service   9 / 10

    Convenience   9 / 10

    Trust   9 / 10

Less

Atilla (VIC), reviewed about 2 years ago

Bank of Melbourne

Bank of Melbourne Maxi Saver savings account review

Overall rating   9 / 10

Great product options and friendly staff

Customer service is friendly and prompt.

Full review

Customer service is friendly and prompt.

    Price   10 / 10

    Features   8 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   9 / 10

Less

Laura (VIC), reviewed about 2 years ago

Bank of Melbourne

Bank of Melbourne Maxi Saver savings account review

Overall rating   0 / 10

Worst banking service ever

Worst banking service ever. System down for more than 20 hours and can't access my account .

Full review

Worst banking service ever. System down for more than 20 hours and can't access my account .

    Price   0 / 10

    Features   0 / 10

    Customer service   0 / 10

    Convenience   0 / 10

    Trust   0 / 10

Less

Manpreet (VIC), reviewed about 2 years ago

Bank of Melbourne

Bank of Melbourne Maxi Saver savings account review

Overall rating   9 / 10

Fantastic

Friendly and welcoming and can not do enough for you when you walk in the door.

Full review

Friendly and welcoming and can not do enough for you when you walk in the door.

    Price   6 / 10

    Features   5 / 10

    Customer service   9 / 10

    Convenience   9 / 10

    Trust   7 / 10

Less

Rebecca (VIC), reviewed about 2 years ago

Bank of Melbourne

Bank of Melbourne savings account review

Overall rating   5 / 10

Not too bad

Less harassment.

Full review

Less harassment.

    Price   5 / 10

    Features   5 / 10

    Customer service   5 / 10

    Convenience   5 / 10

    Trust   5 / 10

Less

Joanne (VIC), reviewed about 2 years ago

Bank of Melbourne

Bank of Melbourne Maxi Saver savings account review

Overall rating   8 / 10

Need more ATMs

Great bank but not enough ATMs .

Full review

Great bank but not enough ATMs .

    Price   10 / 10

    Features   10 / 10

    Customer service   10 / 10

    Convenience   5 / 10

    Trust   10 / 10

Less

Debra (VIC), reviewed over 2 years ago

Bank of Melbourne

Bank of Melbourne Maxi Saver savings account review

Overall rating   9 / 10

Great service

Great bank, reliable and customer focused .

Full review

Great bank, reliable and customer focused .

    Price   9 / 10

    Features   9 / 10

    Customer service   10 / 10

    Convenience   9 / 10

    Trust   9 / 10

Less

Samantha (VIC), reviewed over 2 years ago

Bank of Melbourne

Bank of Melbourne Maxi Saver savings account review

Overall rating   8 / 10

Great customer service...always friendly

Convenient banking and personal touch applied by staff.

Full review

Convenient banking and personal touch applied by staff.

    Price   7 / 10

    Features   6 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   8 / 10

Less

C (VIC), reviewed over 2 years ago

Bank of Melbourne

Bank of Melbourne Incentive Saver Account savings account review

Overall rating   7 / 10

The customer service is great

They are as good as any other bank. Their interest rates are too low for term deposits.

Full review

They are as good as any other bank. Their interest rates are too low for term deposits.

    Price   3 / 10

    Features   6 / 10

    Customer service   7 / 10

    Convenience   7 / 10

    Trust   7 / 10

Less

William (VIC), reviewed over 2 years ago

Bank of Melbourne

Bank of Melbourne Business Access Saver savings account review

Overall rating   10 / 10

Very happy thanks!!!

Excellent, friendly staff.

Full review

Excellent, friendly staff.

    Price   10 / 10

    Features   10 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

Less

Sandra (VIC), reviewed over 2 years ago

Bank of Melbourne

Bank of Melbourne savings account review

Overall rating   10 / 10

Competitive premiums and excellent service

They are a bank that everyone should have in every way possible.

Full review

They are a bank that everyone should have in every way possible.

    Price   10 / 10

    Features   10 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

Less

Frances (VIC), reviewed over 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.

Savings account comparisons on Mozo - rates updated daily

  • MOZO EXPERTS CHOICE AWARDS 2016

    AMP Saver Account

    AMP Saver Account

    • Competitive interest rates, calculated daily and paid monthly
    • A bonus interest rate of 0.45% per annum for the first four months
    • No Monthly fees

    special rate*

    2.55% p.a. (for $0 to $5,000,000)

    bonus rate for 4 months

    standard interest rate

    2.10% p.a.(for $0 to $5,000,000)

    account fee per month

    $0.00

    Go to site

    More info

    • Competitive interest rates, calculated daily and paid monthly
    • A bonus interest rate of 0.45% per annum for the first four months
    • No Monthly fees
    • Special rate conditions: Bonus rate for the first 4 months from account opening
    • Access: Phone banking, Internet banking
    • Minimum balance: $0.00
    • Other restrictions: Must link to a transaction account.
    Overall rating

    7.1

    Based on 24 AMP savings account reviews

    Need more information?
    Go to site

    More info

  • ANZ Online Saver

    ANZ Online Saver

    • Flexible high interest savings account plus exclusive online bonus interest offer for 3 months. Limited time only
    • Interest calculated daily and paid monthly
    • No minimum balance, no withdrawal fees and no fixed term requirements

    special rate*

    2.55% p.a. (for $0 and over)

    Bonus rate for the first 3 months from account opening. The bonus rate offer is only available to new ANZ Online Saver customers who have not held an ANZ Online Saver account during the last 6 months, and apply online.

    standard interest rate

    0.50% p.a.(for $0 and over)

    account fee per month

    $0.00

    Go to site

    More info

    • Flexible high interest savings account plus exclusive online bonus interest offer for 3 months. Limited time only
    • Interest calculated daily and paid monthly
    • No minimum balance, no withdrawal fees and no fixed term requirements
    • Special rate conditions: Bonus rate for the first 3 months from account opening. The bonus rate offer is only available to new ANZ Online Saver customers who have not held an ANZ Online Saver account during the last 6 months, and apply online. Offer not available to beneficiaries for an ANZ Online Saver account held on trust within the past 6 months
    • Access: BPay, Phone banking, Internet banking
    • Minimum balance: $0.00
    • Other restrictions: Must be linked to ANZ deposit account.
    Overall rating

    7.7

    Based on 2117 ANZ savings account reviews

    Need more information?
    Go to site

    More info

  • ME Online Savings Account

    ME Online Savings Account

    • Savings Bank of the Year 2016
    • No minimum monthly deposit. Ongoing variable bonus rate
    • No monthly account-keeping fees

    special rate*

    2.95% p.a. (for $0 to $250,000)

    Ongoing bonus rate if during the month you make a weekly Tap & Go purchase with your ME Everyday Transaction Account buck Debit MasterCard.

    standard interest rate

    1.30% p.a.(for $0 and over)

    account fee per month

    $0.00

    Go to site

    More info

    • Savings Bank of the Year 2016
    • No minimum monthly deposit. Ongoing variable bonus rate
    • No monthly account-keeping fees
    • Special rate conditions: Ongoing bonus rate if during the month you make a weekly Tap & Go purchase with your ME Everyday Transaction Account buck Debit MasterCard.
    • Access: Phone banking, Internet banking
    • Minimum balance: $0.00
    • Other restrictions: Must link to a transaction account
    Overall rating

    8.1

    Based on 119 ME savings account reviews

    Need more information?
    Go to site

    More info

  • St.George Maxi Saver

    St.George Maxi Saver

    • 24/7 access online savings account
    • No monthly service fees
    • No minimum monthly balance or deposit required

    special rate*

    2.70% p.a. (for $0 and over)

    bonus rate for first 3 months

    standard interest rate

    0.80% p.a.(for $0 and over)

    account fee per month

    $0.00

    Go to site

    More info

    • 24/7 access online savings account
    • No monthly service fees
    • No minimum monthly balance or deposit required
    • Special rate conditions: Bonus rate for the first 3 months from account opening
    • Access: Branch access, Phone banking, Internet banking
    • Minimum balance: $0.00
    • Other restrictions: Must link to a transaction account with this provider
    Overall rating

    7.9

    Based on 724 St.George savings account reviews

    Need more information?
    Go to site

    More info

  • Westpac eSaver

    Westpac eSaver

    • Unlimited access to your money
    • Earn interest on every dollar
    • No monthly account service fee

    special rate*

    2.51% p.a. (for $0 and over)

    Bonus rate for the first 5 months from account opening

    standard interest rate

    0.80% p.a.(for $0 and over)

    account fee per month

    $0.00

    Go to site

    More info

    • Unlimited access to your money
    • Earn interest on every dollar
    • No monthly account service fee
    • Special rate conditions: Bonus rate for the first 5 months from account opening
    • Access: Phone banking, Internet banking
    • Minimum balance: $0.00
    • Other restrictions: Must link to a transaction account with this provider. $5 fee applies for all transactions except phone and internet banking
    Overall rating

    7.9

    Based on 1602 Westpac savings account reviews

    Need more information?
    Go to site

    More info

Want more? Compare all 210 savings accounts in the Mozo comparison engine.

Compare more savings accounts

Look for a specific type of savings account:

Back to top