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ME Business Online Savings Account

Advertiser disclosure
Interest rate
0.70% p.a.(for $0 and over)
Maximum rate
No Current Offer
Govt deposit guarantee
Yes up to $250,000
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Mozo editorial review ME Business Online Savings Account

Last updated: 11 November 2020.

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What's hot
  • Unlimited free transactions from internet and phone
  • No account fees
  • No minimum balance
What's not
  • No bonus interest offer
Mozo snapshot

If you need a place to stash your business earnings, ME’s Business Online Savings Account could be the perfect place to put them. It offers a 0.70% ongoing variable interest rate with no conditions, so you don’t need to maintain a minimum balance or regularly deposit a certain amount of funds. With this account there is unlimited free transactions via internet or phone, as well as no sneaky account holding or ongoing fees.

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Key features

As a business owner you often feel like you juggling a thousand things at once, so the ME business online savings account is here to take the stress out of online banking for your business.

Account holders receive a 0.70% ongoing variable interest with no conditions. Ultimately, you have the flexibility to use your cash as you want to with the security of knowing you’ll receive the same rate no matter what, there’s no restriction on how many times you deposit or withdraw.

Speaking of flexibility, this account gives you the freedom to make as many transactions as you like via internet or phone, as there is no monthly limit. Keep in mind though, in order to hold a ME Business Online Savings Account, it must be connected to a transaction account.

Bear in mind, the ME Business Online Savings Account doesn’t have a bonus interest offer. If you are someone who deposits the same or similar amounts regularly into your business savings, a business savings account with bonus interest may be a better option so that you are rewarded for your consistency.

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Who is it good for

The ME Business Online Savings Account, may be perfect for a business owner that needs the freedom to move their money around, without restrictions. With unlimited transactions, for someone who makes transactions online or over the phone often, this account could cater exactly to their business’ needs.

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Any catches

To open a ME Business Online Savings Account, you must link it to a transaction account. Also remember that there is no bonus interest offer on this account.

Details

Rates and fees information correct as at 24 November 2020. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates
  • Balances from $0: 0.70% p.a.

  • n/a

  • n/a

Fees
  • $0.00

  • n/a

  • Unlimited free transactions from internet and app.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • $0.00

  • n/a

Other financial bits
  • $0.00

  • $0.00

  • Monthly

Features
  • no

  • none

  • no

  • no

  • no

  • no

  • no

  • no

  • yes

  • no

  • no

  • Must link to a transaction account

  • none

Customer Reviews

This product is not currently reviewed.

MyState Bank

MyState Bank

Bonus Saver Account

1.50% p.a. (for $0 to $250,000)

0.15% p.a.(for $0 and over)

Yes up to $250,000

Bankwest

Bankwest

Hero Saver

0.90% p.a. (for $0 to $250,001)

0.01% p.a.(for $0 to $5,000,000)

Yes up to $250,000

Up

Up

Saver Account

1.10% p.a. (for $0 to $1,000,000)

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

Yes up to $250,000

Bank of Queensland

Bank of Queensland

Fast Track Saver Account

1.20% p.a. (for $1 to $250,000)

0.20% p.a.(for $1 and over)

Yes up to $250,000

Citi

Citi

Online Saver

0.85% p.a. (for $0 to $500,000)

0.35% p.a.(for $0 and over)

Yes up to $250,000

MyState Bank

MyState Bank

Bonus Saver Account

1.50% p.a. (for $0 to $250,000)

0.15% p.a.(for $0 and over)

Yes up to $250,000

Bankwest

Bankwest

Hero Saver

0.90% p.a. (for $0 to $250,001)

0.01% p.a.(for $0 to $5,000,000)

Yes up to $250,000

Up

Up

Saver Account

1.10% p.a. (for $0 to $1,000,000)

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

Yes up to $250,000

Bank of Queensland

Bank of Queensland

Fast Track Saver Account

1.20% p.a. (for $1 to $250,000)

0.20% p.a.(for $1 and over)

Yes up to $250,000

Citi

Citi

Online Saver

0.85% p.a. (for $0 to $500,000)

0.35% p.a.(for $0 and over)

Yes up to $250,000

MyState Bank

MyState Bank

Bonus Saver Account

0.15% p.a.(for $0 and over)

1.50% p.a. (for $0 to $250,000)

Yes up to $250,000

Bankwest

Bankwest

Hero Saver

0.01% p.a.(for $0 to $5,000,000)

0.90% p.a. (for $0 to $250,001)

Yes up to $250,000

Up

Up

Saver Account

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

1.10% p.a. (for $0 to $1,000,000)

Yes up to $250,000

Bank of Queensland

Bank of Queensland

Fast Track Saver Account

0.20% p.a.(for $1 and over)

1.20% p.a. (for $1 to $250,000)

Yes up to $250,000

Citi

Citi

Online Saver

0.35% p.a.(for $0 and over)

0.85% p.a. (for $0 to $500,000)

Yes up to $250,000

ANZ

ANZ

Progress Saver

0.01% p.a.(for $0 and over)

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

Yes up to $250,000

Newcastle Permanent

Newcastle Permanent

Smart Saver

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

1.55% p.a. (for $0 and over)

Yes up to $250,000

UniBank

UniBank

Mighty Saver Account

0.10% p.a.(for $0 and over)

1.55% p.a. (for $0 and over)

Yes up to $250,000