ME Bank InterestME High Interest Transaction Account

ME Bank InterestME High Interest Transaction Account

The InterestME High Interest Transaction Account is a powerful combination of an everyday account with the benefits of a high interest savings account. It is specifically designed for individuals who normally prefer to keep additional funds on hand which is easily accessible in case of emergencies. For this reason, the High InterestME transaction account is highly sought after.

Key Features of the Interest Me High Interest Transaction Account

The key features of this high interest account are as follows:

• For individual personal use only
• High interest earned on balances
• Zero account maintenance fees
• No limitations on monthly required balances
• Easy access to funds with:
• Internet Banking
• Telephone Banking
• Available cheque book access
• ATM access 24/7
• EFTPOS access 24/7
• Free:
• Internet Banking
• Telephone Banking
• Direct credits
• Direct debits
• 15 EFTPOS monthly transactions

Access to the account is very easy and free when using self-help facilities.

Eligibility Criteria

In order to be considered for this loan, individuals will have to pass the following qualifying
criteria:

• Age restrictions: Must be 12 years or older
• Residency: Must have Australian residency or be a permanent resident

The account is not available to business or trusts, and therefore only individuals wanting to utilise it for personal use may apply. The identity of new clients will have to be verified through secure and independent data sources, but documentation may be required upon request.

Possible Fees

The following fees could possibly be charged to the account:

• $1 Withdrawal fee per transaction applies if number of free transactions are exceeded.
• At ATMs:
• $1 for withdrawals at ME bank, BankSA or St.George
• $1 account balance enquiry
• Cheque:
• $1 for payments made by cheque
• $25 cheque dishonour fee
• Bank@Post:
• $1 Per cash withdrawals
• $1 Per cheque or cash deposit
• $1 Per account balance enquiries
• $25 Direct debit dishonour fee
• $15 for overdrawn accounts

In order to prevent from being charged for service fees, clients are advised to make use of the free self-help facilities, and to ensure that funds are available in the account when making purchase payments.

Final Word

The InterestME High Interest Transaction Account is a powerful combination as it offers the benefits of high interest earnings and immediate fund access. By using various free self-help facilities such as Internet and Telephone banking, clients can further benefit from free services apart from the 15 transaction fee services allowed each month.