I love that you can have more than one savings account to take advantage of the bonus interest rate. The interest is higher than with a term deposit and your cash is completely liquid.
Their interest rates are among the best in Australia. The savings accounts tabs are easy to use and are easy to understand.
Competitive and easy to apply online. Tap and go the required amount of times will get you the bonus variable interest. Only drawback is there's no branches available.
Great bank with great rates and customer service. Can use pretty much most ATMs without incurring a fee (for the linked everyday transaction account). Online banking is easy and simple to use. Call centre is Australian and they're great. One of my favourite banks.
ME bank offers bonus interest over all their savings accounts under the one name. Haven't had any issues with their customer service. One fraud transaction was handled smoothly with the money refunded to my account. Internet banking app is a little slow but nothing that would make me want to change banks.
Competitive interest rates and call centre is Australian based. My phone queries have always be dealt with professionally and promptly.
I transferred to ME because of their excellent savings account interest rate, and found during the application process that their staff were just as impressive. Unfortunately I found their phone app to be clunky and limited compared to other banks which was frustrating as I prefer to use my phone for all my banking, and that combined with the drop in savings interest rate forced me to look elsewhere. In saying that I couldn't recommend their staff more highly, and overall they were one of the best banks I've been with.
This bank makes lots of mistakes in the interest payments and has confusing account keeping. I have had to ring several times due to wrong interest being credited, or tax withheld and paid to taxation office even though I was exempt. Interest rate is competitive which is the only reason I am still with them.
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Bonus rate when at least $20 is deposited each month and five Visa Debit transactions are made each month using linked Everyday or Glide transaction accounts.
Minimum deposit of $200 and no withdrawals in the month.
Make 5 or more successful card purchases per calendar month using your Up debit card and digital wallets (ATM transactions excluded).
Ongoing bonus rate applied if in the previous month $1,000 or more is credited to the linked Day2Day Plus account and 5 eligible transactions are made by the linked account.
Bonus rate for the first 4 months from account opening
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