Bread Crumb Trail

Home Members Equity

Members Equity Overview

Members Equity Bank was founded in 1999, with its roots dating back to September 1994, after National Mutual launched Super Member Home Loans (SMHL), and In July 2001, Members Equity Bank received its banking licence from the Australian Prudential Regulation Authority.

Members Equity Bank currently employs over 600 staff in offices across Australia, offering a range of personal and business banking solutions, which include credit cards, savings accounts and personal loans.

The SMHL programme now offered by Members Equity Bank also provides members with billions of dollars in low cost home loans.

Members Equity Credit Cards

Members Equity offers very competitive, attractive rates, with a low annual fee, helping you to manage your funds and keep you from accumulating unnecessary debt.

Members Equity provide customers with up to 44 days interest free on purchases, giving you ample time to pay off your balance without having to pay any interest. Another unique feature allows cardholders to have an additional 8 cardholders at no extra fee.

You will also receive free replacement cards when reported lost, stolen, or damaged, as well as emergency worldwide replacement if your card is lost or stolen abroad.
Members Equity Credit Cards Review >

Members Equity Term Deposits

Members Equity Term Deposits allow you to earn a great rate on your balance that will not change as a result of fluctuating bank rates. You can choose the term you wish to lock your savings away for, with 3,6,9,12 or 24 month Term Deposits available, each paying a rate to reflect the term.

With Members equity Term Deposits you will not be charged an annual fee, simply choose an account and deposit $5000 or more, then sit back and watch  your investment grow through highly competitive interest rates giving you a great return in every dollar invested.

As the term and rate are both fixed, you can calculate exactly how much money you will earn throughout the life of your account, providing you with a predicable regular income.

You have worked hard for your money, so why not let your money work for you with a members equity Term Deposit.
Members Equity Term Deposits Review >

Members Equity Savings Accounts

Members equity savings accounts offer a great place to house your savings, providing you with high interest rates that converts into great returns.

There is no minimum opening deposit or balance required, and you don't have to pay any bank fees.  You can withdraw from your savings at any time without a penalty, and you can manage your account at a time and place that suits you for free, with 24/7 online and telephone banking services.

Members equity savings accounts have won awards for it's accounts, including Money magazine's Best of the Best Awards, Gold Winner, 2009, 2008, 2007, Best Investment Account, Bank Category and Best of the Best Awards 2009, Gold Winner, Best First Home Saver Account, Bank Category.
Members Equity Savings Accounts Review >