bankmecu is committed to investing its customers funds for economic performance in both socially and environmentally responsible ways. bankmecu is a signatory to the UN Environment Program Statement by Financial Institutions on the Environment, UN Global Compact and UN Principles for Responsible Investment. Furthermore our approach to sustainable development and enhancing customer value is guided by a covenant with the Victorian State Government.
Learn more about bankmecu's commitments here.
special account requirements
Those customers who satisfy the Federal Government’s Social Security Deeming Provision may wish to consider our Deeming account. Interest paid on this account, is set by the Federal Government’s Deeming Rates. It’s not obligatory for customers in receipt of a pension or other government assistance to operate a Deeming account. In fact in some cases customers can earn more interest selecting another bankmecu product. You choose what’s best.
VISA access card or rediCARD PLUS access
With a VISA Access or rediCARD PLUS you can withdraw cash from any rediATM direct charge free (from March 2009) in Australia and most ATMs worldwide, pay for purchases using EFTPOS, deposit cash or cheques and withdraw cash at over 3,200 Australia Post outlets displaying the Bank@Post sign.
no minimum balance required
no need to maintain a certain balance in your account.
rates (effective 10/05/13)
|$1 to $1,999
|$2,000 to $45,399
|$45,400 and over
Interest calculated daily on portion of balance within each interest rate tier and credited quarterly. Available to eligible customers only.