interest rates & fees
To find out the different rates, fees and charges associated with our products, select from the below categories and click on your desired product to view the rates and fees.
borrowing
view all rates
view all fees
savings & investments
view all rates
view all fees
free transactions
The following is a list of free services that mecu offer:
- life insurance on some loans
- 24 hour Telephone Banking access
- 24 hour Internet Banking access
- BPAY® payments
- automatic transfers between mecu accounts
- over the counter cash deposits (personal accounts only)
- over the counter cheque deposits (personal accounts only)
- Bank@Post deposits
- direct credits
- no account keeping fees
- redraw (excludes Basic Home Loan)
maximise your transaction fee rewards
Did you know that by maximising your member support level, you also increase the monthly transaction fee rewards that you receive with mecu ? The following are our tips to avoid and minimise transaction fees and charges:
- Try to withdraw enough cash in one transaction to meet your weekly cash requirements rather than numerous withdrawals.
- Use EFTPOS for withdrawing cash at the same time as you make a purchase. Most merchants allow this and will enable you to make one transaction instead of two.
- Maximise your member support level by borrowing and saving with mecu rather than elsewhere.
- Use Internet or Telephone Banking and BPAY to pay your bills rather than by cash or cheque. Service providers such as telephone, electricity, gas and water companies all offer payment by BPAY.
- Use low-cost or free transactions where possible.
- Familiarise yourself with the member support level that applies to you, the transaction fee reward you receive and the fees associated with any regular transactions you make.
- If you have more than one mecu membership, consider consolidating your memberships under one number. This could increase your member support level and in turn increase your monthly reward.
