our reward to you for banking with bankmecu
At bankmecu we aim to provide superior levels of customer value and reward those customers who conduct more of their banking with bankmecu.
Our Transaction Fee Reward program provides more fee free transactions depending on the level of banking you conduct with bankmecu, which is refered to as the "customer support level".
Your customer support level equals your deposits plus loans, less overdrawn savings accounts and over limit overdrafts. Rewards are not calculated for VISA Credit Card accounts. The combined end of month balance of the accounts within an account sets the customer support level for the subsequent month.
For example, Mr Jones' banking with bankmecu equates to a customer support level of $150,000. This means Mr Jones is rewarded with $25 worth of transaction fee rewards per month as long as the customer support level is maintained. If Mr Jones conducts transactions with fees totalling $20, his Transaction Fee Reward covers the whole amount (the remaining $5 does not carry over to the next month). If Mr Jones' fees totalled $30, then he would only have to pay $5 to cover his fees for the month.
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transaction fee reward*
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Monthly reward by age
(customers ages up to 25 years or with mySaver & Customer Support Level $0 - $99,999) |
Up to $10.00 |
| Monthly reward to applicable transactions |
| Customer Support Level $100,000+ |
Up to $25.00 |
| Customer Support Level $25,000 - $99,999 |
Up to $10.00 |
| Customer Support Level $5,000 - $24,999 |
Up to $5.00 |
| Customer Support Level $0 - $4,999 |
Up to $3.00 |
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*Customer Support Level equals - deposits PLUS borrowing, LESS overdrawn savings accounts and overlimit overdrafts.
The combined end of month balance of the accounts within an account sets the relationship threshold for the subsequent month. Ask how you can share your support level with family and friends.
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Rewarding you with fewer fees - that's Intelligent Banking™
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.
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