I have been banking with ME for last 7 years- everything has been Ok up until now. Since BOQ has acquired them for 1.3b , I can’t get a Bank cheque deposited at BOQ or Westpac branches . Too bad I’m left in hole . How could you do this to your very good customers . This little pig Bank went - We We Wee all the way home
Avoid at all costs. They botched my personal loan repayments, and when I was 6 months out from finishing my loan, I get a call telling me I owed another $4000 and they wanted to extend my loan for another 6 months - I ALWAYS paid my minimum repayment and often more. Absolute scam artists. I of course wasn't having it, and I got a solution, but it took a lot of stress and advocating on my own behalf to get that resolution. And they refused to give me a breakdown of all my repayments and interest charged over the period of the loan - very strange and I'm sure they're hiding something there.
This bank is great, only thing I would say is they're online and phone banking apps aren't as fancy as others with budget tools etc. but they're good for what they are as an online bank.
I had three loans with ME bank. Each time I wanted to discharge them they delayed the the settlement date even being given six weeks notice. Each time blaming someone else. Each time taking the opportunity to charge extra interest even when the delay was their doing. Based on my experience I would stay clear of this bank.
Conveniently forget to pay term deposit interest at maturity. Worse still ignore your internal emails to resolve the matter leaving no option but to waste time calling them being told "I can't do it, I'll have to ask another department". To top it all no explanation or apologies, like we didn't do anything wrong.
There are no cons but they are fantastic and if you like to reduce your amount each fortnight because you're having trouble to pay they can help you do that.
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