Bank of Melbourne savings account reviews

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

(as rated by the Mozo community)

8.1 / 10

based on 162 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 savings account review

Overall rating   9 / 10

Good

Bank of Melbourne is excellent.

Full review

Bank of Melbourne is excellent.

    Price   8 / 10

    Features   8 / 10

    Customer service   9 / 10

    Convenience   9 / 10

    Trust   9 / 10

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Paul, Queensland, reviewed 19 days ago

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

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Sharon, Victoria, reviewed over 1 year 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

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Belinda, Victoria, reviewed almost 2 years 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

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Andrew, Victoria, reviewed almost 2 years 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

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Tamaea, Victoria, reviewed about 2 years 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

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Jack, Victoria, reviewed over 2 years 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

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David, Victoria, reviewed over 2 years 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

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John, Victoria, reviewed over 2 years ago

Bank of Melbourne

Bank of Melbourne Incentive Saver Account savings account review

Overall rating   9 / 10

Great services

Good service

Full review

Good service

    Price   5 / 10

    Features   7 / 10

    Customer service   10 / 10

    Convenience   6 / 10

    Trust   10 / 10

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Robert, Victoria, reviewed over 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

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Brenda, Victoria, reviewed over 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

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Camelia, Victoria, reviewed almost 3 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

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Sue, Victoria, reviewed almost 3 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

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Travel, Victoria, reviewed almost 3 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

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Kylie, Victoria, reviewed almost 3 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

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Samantha, Victoria, reviewed almost 3 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

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Misato, Victoria, reviewed almost 3 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

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Atilla, Victoria, reviewed almost 3 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

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Laura, Victoria, reviewed almost 3 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

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Manpreet, Victoria, reviewed about 3 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, Victoria, reviewed about 3 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, Victoria, reviewed about 3 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

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Debra, Victoria, reviewed about 3 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, Victoria, reviewed about 3 years ago

Bank of Melbourne

Bank of Melbourne Maxi Saver savings account review

Overall rating   2 / 10

no fair

there imtrest to high

Full review

there imtrest to high

    Price   3 / 10

    Features   2 / 10

    Customer service   2 / 10

    Convenience   2 / 10

    Trust   2 / 10

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Jessica, Victoria, reviewed about 3 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

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C, Victoria, reviewed about 3 years ago

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Savings account comparisons on Mozo - rates updated daily

  • MOZO EXPERTS CHOICE AWARDS 2016

    UBank USaver with Ultra Transaction Account

    UBank USaver with Ultra Transaction Account

    • Bonus interest. Conditions apply
    • Visa Debit Card with Visa PayWave
    • No monthly account keeping fees

    special rate*

    2.87% p.a. (for $0 to $200,000)

    Bonus interest only applies on funds held in linked USaver account if $200 deposited into either account in the month from an external source.

    standard interest rate

    1.81% p.a.(for $0 to $5,000,000)

    account fee per month

    $0.00

    Go to site

    More info

    • Bonus interest. Conditions apply
    • Visa Debit Card with Visa PayWave
    • No monthly account keeping fees
    • Special rate conditions: Bonus interest only applies on funds held in linked USaver account if $200 deposited into either account in the previous month from an external source and the combined balance is less than $200,000.
    • Access: Phone banking, Internet banking
    • Minimum balance: $0.00
    • Other restrictions:
    Overall rating

    8.5

    Based on 670 UBank savings account reviews

    Need more information?
    Go to site

    More info

  • 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:
    Overall rating

    7.3

    Based on 71 AMP savings account reviews

    Need more information?
    Go to site

    More info

  • HSBC Serious Saver

    HSBC Serious Saver

    • No monthly fees
    • No minimum deposit
    • Apply online in under 10 minutes

    special rate*

    3.10% p.a. (for $0 to $1,000,000)

    No withdrawals in the month. Bonus rate for first 4 months, reverting to 1.40% bonus rate after

    standard interest rate

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

    account fee per month

    $0.00

    Go to site

    More info

    • No monthly fees
    • No minimum deposit
    • Apply online in under 10 minutes
    • Special rate conditions: No withdrawals in the month. Bonus rate for first 4 months, reverting to 1.40% bonus rate after
    • Access: Phone banking, Internet banking
    • Minimum balance: $0.00
    • Other restrictions:
    Overall rating

    7.5

    Based on 320 HSBC savings account reviews

    Need more information?
    Go to site

    More info

  • MOZO EXPERTS CHOICE AWARDS 2016

    ME Online Savings Account

    ME Online Savings Account

    • Ongoing bonus interest when you tap & go weekly (T&Cs apply)
    • No minimum monthly deposit. Ongoing variable bonus rate
    • No monthly account-keeping fees

    special rate*

    2.85% 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

    • Ongoing bonus interest when you tap & go weekly (T&Cs apply)
    • 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

    8.2

    Based on 380 ME savings account reviews

    Need more information?
    Go to site

    More info

  • RaboDirect High Interest Savings Account

    RaboDirect High Interest Savings Account

    • Easy set up, online and mobile banking app
    • No fees, no minimum balance, no minimum monthly deposit and no minimum term
    • Kick start your savings with the 4 month introductory variable rate

    special rate*

    3.05% p.a. (for $0 to $250,000)

    Bonus rate for the first 4 months from account opening

    standard interest rate

    1.80% p.a.(for $0 to $250,000)

    account fee per month

    $0.00

    Go to site

    More info

    • Easy set up, online and mobile banking app
    • No fees, no minimum balance, no minimum monthly deposit and no minimum term
    • Kick start your savings with the 4 month introductory variable rate
    • Special rate conditions: Bonus rate for the first 4 months from account opening, reverting to standard variable rate. Rate shown is for Personal customers and is subject to change. Different rates apply to Business/SMSF customers.
    • Access: Internet banking
    • Minimum balance: $0.00
    • Other restrictions: Must link to a transaction account
    Overall rating

    8.4

    Based on 239 RaboDirect savings account reviews

    Need more information?
    Go to site

    More info

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