| Product | Interest rate | Maximum rate | Govt deposit guarantee |
|---|---|---|---|
| Incentive Saver Account |
1.85% p.a.(for $0 and over) |
5.25% p.a. (for $0 to $250,000) |
Yes up to $250,000 |
| Incentive Saver Account (Kids) |
1.85% p.a.(for $0 and over) |
5.25% p.a. (for $0 to $250,000) |
Yes up to $250,000 |
| Investment Cash Account |
1.00% p.a.(for $0 and over) |
No Current Offer |
Yes up to $250,000 |
| Maxi Saver |
1.10% p.a.(for $0 and over) |
5.35% p.a. (for $0 and over) |
Yes up to $250,000 |
Mozo users have rated Bank of Melbourne savings accounts on price, features, convenience, trust and customer service so you can see what real Aussies have to say about their experiences.
178 Reviews
They closed our nearest branch and our closest one now is 40 mins drive away so not happy about that. On the positive side, their customer service is by far the best we've experienced from any bank
Read full reviewThey closed our nearest branch and our closest one now is 40 mins drive away so not happy about that. On the positive side, their customer service is by far the best we've experienced from any bank
Bank of Melbourne, from my experience, has a level of customer service, in both their branches and call centres, that is unmatched by any other bank in this country.
Read full reviewBank of Melbourne, from my experience, has a level of customer service, in both their branches and call centres, that is unmatched by any other bank in this country.
The Bank of Melbourne has its flaws like every other bank but, overall, they are better than any other bank with whom I've dealt in the past. In branch customer service is exceptional and their product range as good as offered anywhere.
Read full reviewThe Bank of Melbourne has its flaws like every other bank but, overall, they are better than any other bank with whom I've dealt in the past. In branch customer service is exceptional and their product range as good as offered anywhere.
Had excellent customer services until a year ago especially with closing of a number of branches.
Read full reviewHad excellent customer services until a year ago especially with closing of a number of branches.