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  • bank mecu - responsible banking

    • deeming account

    deeming account

    apply for this product

    features & comparisons

    • Available

      responsible savings

      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.

    • Available

      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.

    • Available

      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.

    • Available

      no minimum balance required

      no need to maintain a certain balance in your account.


    rates (effective 14/05/12)

    balancerates
    $1 to $1,999 0.10%
    $2,000 to $44,599 3.00%
    $44,600 and over 4.50%

    Interest calculated daily on portion of balance within each interest rate tier and credited quarterly. Available to eligible customers only.



    want to know more?

    call bankmecu on 132 888 or email us at mail@bankmecu.com.au


    financial claims scheme

    • an account holder may be entitled to payment under the Financial Claims Scheme; and
    • access to the scheme is subject to a limit for each depositor; and
    • information about the scheme can be obtained from the APRA website and the APRA hotline on 1300 13 10 60.
    • Please refer to bankmecu’s Financial Claims Scheme page

    general advice warning

    In providing you with this information you should consider the appropriateness of this advice with regards to your particular financial situation and needs. You should consult the Product Disclosure Documents before making a decision to apply for products with bankmecu.

    bankmecu is committed to delivering memorable and superior service to all customers. We welcome your feedback, compliments and/or complaints about our performance.

    ® Registered to BPAY Pty Ltd ABN 69 079 137 518
    ® Terms, conditions, fees and charges may be applicable. Bank@Post and its device mark are registered trademarks of the Australian Postal Corporation. All rights reserved.