Ultimate Offset Account Home Loan
The Ultimate Offset Account is an easy-to-manage 'all-in-one' home loan and transaction facility specifically designed to help you pay off your home loan sooner by reducing the amount of interest payable.
Put simply, it gives you the ability to credit your salary directly to your account and continually offset your income and savings against your home loan balance. So, for example, if your home loan balance was $100,000 and your transaction facility balance was $10,000, you would only be charged interest on $90,000 potentially saving you thousands of dollars over the life of your loan.
Features of the ME Bank Ultimate Offset Account:
- Genuinely low interest rates.
Combine with a Member Package to save even more! - No application fee or ongoing account keeping fees
- Borrow up to 95% of the property valuation
- Free transactional banking at Australia Post Bank@Post™ outlets
- Free ATM access with your debit card at ME Bank, Westpac, St.George+, Bank of Melbourne and BankSA+ ATMs in Australia#
- Flexible weekly, fortnightly or monthly repayment options
- Cheque book option
- A personal Mobile Banking Manager can come to your home or workplace
- ME Bank rated 'best customer service provider in banking' at the Mozo 2011 People's Choice Awards
As easy as 1,2,3
The real surprise was just how much I could save by refinancing, and how quickly and easily ME Bank made it happen. That and the fact I could offset my income and savings against the home loan to help pay off my home faster.
Noel Cunningham, Victoria(Saving money every month with the help of a Members Equity Ultimate Offset Account)
How do I access my Transaction Facility Funds?
Enjoy free transactional banking via ME Bank, Westpac, St.George+, Bank of Melbourne and BankSA+ ATMs in Australia# or EFTPOS terminals in Australia, or over the counter at Australia Post Bank@Post™ outlets with the convenience of an Ultimate Offset Account debit card or using our free Phone and Internet Banking services.
Fees and charges apply. Terms and conditions available on request. Applications are subject to credit approval.
+ Except at BP Petrol Stations.
# Withdrawals and enquiries at all other ATMs will incur an ATM operator fee charged by the ATM operator.
Related Links
Home Loan Tools
Repayment Calculators
Other Tools
Contact ME
- Product Enquiries
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Personal Ph 13 15 63 ME Contact Centre open
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Sat: 9am - 5pm (EST)Business Ph 1300 658 108 ME Business Contact Centre open
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Personal Ph 1300 654 998 ME Contact Centre open
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Sat: 9am - 5pm (EST)Business Ph 1300 658 108 ME Business Contact Centre open
Mon - Fri: 9am - 5pm (EST) - Phone Banking
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Personal Ph 1300 654 998 Business Ph 1300 658 108