all about ME
Every Australian deserves to get the most out of their money. We’re here to help them do it.
We were originally created by member-owned industry super funds to be a fairer home loan lender, helping Australians reach the dream of owning their own home. These days we’re a fully fledged bank, but our profits still go back to the industry super funds – the very same ones that look after the retirement savings of more than seven million Australians.
We help Australians get ahead. We give you ways to get more from your savings, pay less on your loans and cut down on fees – however we can, whenever we can.
We’re making banking as simple as possible. You shouldn’t have to wade through jargon to find what you need, and opening an account should be easy.
And because financial know-how doesn’t always come naturally, we give you tools to spend wiser and save smarter: things like our online school of money ‘ed’, which is fast, free and simple to use.
More for WAPOU members
As a member of WAPOU, you’ve got access to ME’s Member Benefits Program. From 1 November 2019, ME is offering WAPOU members:
- An additional 0.05%p.a. discount for the life of your loan on a ME Flexible Home Loan with a Member Package or Basic Home Loan.
- A 2% per annum discount on the variable interest rate of ME’s low-rate credit card Frank.
The new campaign period will run from 1 November to 29 February 2020.
What is the Member Benefits Program?
ME’s Member Benefits Program (MBP) offers eligible fund and union members special rates on ME’s retail banking products.
What’s the value in a 0.05%p.a. discount?
It may not sound like much, but an additional five basis point discount for the life of your loan can really add up in saved interest. With rates already at record lows, this additional discount for members of participating funds and unions gives you access to ME’s lowest variable rates.
How does the discount offer work?
Talk to a ME Home Loan Expert, apply for the loan, settle your loan, and the discount is automatically applied, you don’t have to do anything else. The discount is applied for the life of your loan as long as you remain eligible.
Who can capitalise on the discount offer?
The discount offer is available to owner occupiers and investors paying principal and interest with an LVR of 80% or less. It is available on new loans and top-ups (provided total new lending is $250,000 or more) and applies on ME’s two most popular products; our Flexible Home Loan with Member Package and our Basic Home Loan.*
The offer is only available on loans originated via a ME mobile banking manager.
This information is about products and services available to you as an WAPOU member. The WAPOU and ME are not agents or representatives of one another. The WAPOU does not accept responsibility or liability for any loss or damage caused by the products or services provided by ME. The WAPOU does not receive any commissions as a result of members using ME products and services.
Members Equity Bank Ltd ABN 56 070 887 679 (ME) holds an Australian Credit Licence 229500 and is the provider of the credit products referred to above.