ME SaveME Summary
Description
ME's goal-oriented Savings Account packed with smart and supportive features.
Benefits
- No monthly savings-account fee.
Hoops
- Applicants must be at least 14.
- For bonus interest, make at least 4 qualifying purchases each month. Check the full requirements below.
- Bonus qualification uses activity from the previous month.
- Ongoing rate cap: $500,000. See the rate breakdown for higher balances.
On this page
Details
Key details
| Product name | ME SaveME |
|---|---|
| Maximum variable rate | 4.60% p.a. |
| Ongoing interest rate | 4.60% p.a. |
| Base interest rate | 0.05% p.a. |
| Minimum age | 14 years |
Source: noren.com.au
All comparison details
| Base | 0.05% |
|---|---|
| Ongoing | 4.60% |
| Ongoing cap | $500K |
| Intro | - |
| Intro cap | - |
| Intro period | - |
| Dep/mth | 0 |
| Dep $/mth | - |
| Growth/mth | $0 |
| Buys/mth | 4 |
| Txns/mth | - |
| W/d/mth | - |
| Min age | 14 |
| Max age | - |
| Fee/mth | $0 |
Source: noren.com.au
Rates & features
Interest rates
Variable rates % p.a. at $699, assuming applicable bonus conditions are met.
- Base: 0.05% p.a., before bonus interest.
- Ongoing: 4.60% p.a. when bonus conditions are met. Up to $500k.
Full rate breakdown
| Type | Rate | Applies to | Balance |
|---|---|---|---|
| Base rate component | 0.05% | Whole balance | All balances |
| Ongoing total, conditions met | 4.60% | This band only | First $500k |
| Ongoing total, conditions met | 0.05% | This band only | Over $500k |
Source: noren.com.au
Share/Export
This band only: the rate applies to the money within the listed balance range. Other portions earn their own rates.
Requirements
- Hold a linked SpendME account in the same sole name or joint names.
- Make at least four settled eligible Visa Debit card purchases on that SpendME account in the previous calendar month. Pending purchases count when settled.
- The bonus applies to the first $500,000 across SaveME accounts in the same names, excess earns base interest.
- Qualification timing: Activity in the previous month determines eligibility for the current month. Check the settlement deadlines and exclusions in the requirements.
Fees
- Monthly account fee: $0
Showing reviewed fees only, other charges may apply
How to apply
Check these eligibility requirements before applying with ME.
- A smartphone that supports iOS 12.0+ or Android 8.0+.
- An Australian mobile number
- An Australian residential address
- Applying for a personal account and not in the name of a business or trust. There should be no more than two account holders for this account
- An Australian drivers licence or Australian passport or Medicare card
- Resident or Citizen: A citizen or permanent resident of Australia
- Be aged 14 years or older
- The comparison assumes this balance uses the available combined SaveME bonus cap, balances in other SaveME accounts can reduce the remaining allowance.
- The initial qualifying-period waiver covers the opening partial month and the first full calendar month, ongoing card criteria apply afterward. This is not a different introductory interest rate.
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Sources & review
Noren aggregates information from multiple primary sources to ensure you're getting the most up-to-date, accurate information. All product information is peer reviewed.
Collected and verified on 31 Oct 2026.