ME Bank
★ 3.9 / 5
bank · Est. 1994 · HQ VIC · ABN 56 070 887 679
Member-focused bank, now part of BOQ Group; competitive on basic variable.
Pros & cons
Pros
- BOQ Group backing
- Decent variable rates
- Member-bank ethos
Cons
- Brand merging with BOQ
- Some legacy systems
ME Bank home loan products
| Product | Type | Rate | Comp. rate | Features |
|---|---|---|---|---|
| Basic Home Loan Variable | variable | 6.09% | 6.11% | redraw, extra repay |
Indicative monthly repayment on a $500,000 loan over 30 years at ME Bank's lowest rate (6.09% p.a.): $3,027/month. Run a full comparison on our repayment calculator.