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responsible savings
bankmecu is committed to investing its members 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.
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withdraw funds from November
Funds (excluding accrued interest) are available for withdrawal from the first working day in November. On the first working day in December, the balance of the account, plus interest, will be credited to the access account.
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fee rewards
bankmecu customers can receive up to $300 a year in fee-free transactions. That's because we believe customers who support bankmecu with their business should be rewarded. The greater the value of the banking business you conduct with bankmecu the greater the number of fee free transactions you'll receive.
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no minimum balance requirements
No need to maintain a certain balance in your account. You don't get penalised if your account balance drops below a required amount.
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no monthly account keeping fees
Your savings are not diminished by any monthly or account-keeping fees.
rates (effective 24/05/13)
| balance | rates |
| any balance |
1.00% |
Funds Available from 1 Nov. Interest calculated daily on whole of balance and credited on 30 Nov. Automatic transfer of balance on 1 Dec.