online savings account.

Looking to grow your savings, but still want access to your cash? This account gives you the goods: ongoing interest, without the commitment of a term deposit.


The drawback? There are no fees at all. (NB: Only a drawback if you love fees.) 


get the interest you crave

With interest calculated daily and paid monthly, this account gives your savings room to spread its wings.

no fees


Get an ongoing interest rate and 24/7 access to your money with no account keeping fees!



Afraid to commit? This account keeps it casual. You don’t need to make a minimum deposit, and you can access your money 24/7 using our online banking services.



Variable base rate                              1.55% p.a.*

Variable bonus rate^                          +1.80% p.a.*

apply now.

ready to get started? make sure you:

  • • are an Australian citizen, Australian permanent resident or an Australian resident for taxation purposes with an Australian residential address
  • • are at least 12 years old
  • • want the account for personal use
  • • not be a US citizen or US tax resident

OSA X Sell





ME - Facts and Fees

Get the facts

ME - Read FAQs

Read FAQs

ME - Contact Us

Get in touch




things you should know.
*Variable interest rate is current as at 24-Aug-2016 and subject to change.

^Online Savings Account (OSA) bonus interest terms and conditions

To receive bonus interest on your OSA for any calendar month you must have a ME Everyday Transaction Account (ETA) and during that month make a weekly purchase with your ETA Debit MasterCardTM using tap & go. Bonus interest is only payable on balances up to $250,000 on the first OSA you open. You’re automatically eligible for bonus interest on your first OSA unless it was opened before 10/08/15, in which case you’re only eligible upon request. If you don’t meet all of these bonus interest conditions you’ll receive variable base rate interest only, however in any month we may without notice waive the requirement for you to meet all of these conditions. We may change or withdraw the bonus interest offer at any time.

Other important information

Fees and charges apply. Click here for full terms and conditions. This is general information only and you should consider if these products are appropriate for you.

MasterCard and the MasterCard brand mark are registered trademarks of MasterCard International Incorporated. Tap & Go are trademarks of MasterCard International Incorporated.