Media Centre

27 Oct 2010

ME Bank continues to lead the way on Credit Card repayments

While competitors have recently announced some changes to the way in which interest is applied on credit card repayments, ME Bank's approach has always been to offer a MasterCard that is simple, fair and transparent.

ME Bank offers a competitive MasterCard with a genuinely low interest rate and low annual fee, representing great value for our customers.

At ME Bank, all customers pay the same interest rate regardless of how the balance accrues. Every repayment is applied in an order which is in the best interest of our customers. In this way, our customers can reduce the overall cost of using their card.

The award winning ME Bank MasterCard is one of Australia's best value cards and was a top 3 finalist in Money magazine's Best of the Best Awards 2009 in the Cheapest Credit Card, Bank Category.

ME Bank is owned by 35 of the largest leading industry super funds. Our partnerships with these industry super funds build a competitive banking alternative. Our approach has always been to offer banking products that are great value for our customers.

Media Enquiries

Ian Hendey

Group Executive, Brand and Products

03 9605 6499