ME and Macquarie slash checking account rates

ME and Macquarie slash checking account rates

Two more banks that are major cut checking account interest levels this week: ME Bank and Macquarie Bank.

ME Bank, which offered the total RBA rate cut to adjustable mortgage loan clients, announced on Wednesday it will be cutting the most price on its on line checking account by 15 foundation points, using the maximum price from 1.35percent p.a to 1.20per cent p.a.

The conditions to make the bonus price (1.15% p.a) are to merely make four faucet and get acquisitions per from a linked ME transaction account month. Continue reading