Thursday, 19 February 2015

Great News! ME Bank announces further rate cuts

Contact: Mike Dalton, ME Bank
p: 0467 720 037    e:

Intended Audience: DoE staff
Not only was ME Bank was the very first bank to announce it was dropping its variable home loan rates by the full 0.25% RBA rate cut last week, but the even better news is that we have also dropped our 3 year fixed home loan rate by 0.31% to an astounding 4.28% !!!!

Coupled with our fantastic home loan refinance cash back offer of $1,000, this is a huge opportunity for Department of Education staff to see real savings in the bank that comes to them.

Our Standard Home Loan variable interest rate will drop to 5.13% p.a. (comparison rate 5.14% p.a.), so customers can continue to enjoy a lower rate than the major banks, just as they have every month since we became a bank in 2001.  Our member package rate will fall to 4.93% p.a. (comparison rate 5.32% p.a.), providing one of the most competitive rates for home loans up to $500,000.

These home loan rate changes will be effective 20 February 2015. 


ME Bank - proud sponsor of the RBF Department of Education Awards program