An Incentive Saver account rewards customers who save with bonus interest. How’s that for an incentive! Simply make a commitment to save and we’ll help you on your way. Deposit a minimum of $100 each month into your incentive saver account, don’t make a withdrawal for the month and we’ll pay you your bonus interest. Don't panic - your money is at-call and accessible in case you need it. Set up an automatic salary credit and watch your savings grow.
Earn bonus on your savings if you deposit $100 or more per calendar month and do not make any withdrawals during the calendar month.
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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.
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funds available at call with no fixed terms
You can get access to your money as soon as it is deposited into your account (cheque deposits are not available until cleared). If you do withdraw though, remember - no bonus interest!
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internet banking access
You can view your account balances and transactions online, transfer money to other bankmecu accounts or accounts at other financial institutions. Future transfers can be scheduled to occur at a date that is convenient for you.
You can also set-up, modify and delete recurring transfers however, you will miss out on the bonus interest when you do so.
rates (effective 10/05/13)
| balance | rates |
|---|
| $1 to $4,999 |
0.25% + 3.75% p.a. bonus interest* |
| $5,000 and over |
0.25% + 3.75% p.a. bonus interest* |
* Interest calculated daily on whole of balance and credited monthly. At least $100 deposited per month and zero withdrawals per month.