Everyday banking
and savings
Transaction accounts
Internet and Phone Banking
Savings accounts
Debit cards
Term deposits
Easy Switch
We all have different
plans in life.
At Bank of Melbourne,
our commitment to you
starts with a conversation,
not a series of products.
Whatever stage you’re at in life, we’ll work with
you to build a financial solution to help you
achieve your goals. As your life changes, we’ll
be there to help you remain on track.
If you’re ready to talk about choosing the right
Bank of Melbourne everyday banking and
savings accounts for you, we’re ready to listen.
The right account for
how you live.
For some it’s where your salary goes and
“where’s the nearest ATM?” For others it’s a
stepping stone to long-term wealth creation.
However you see your everyday banking, you want your hard-earned
money ready to use when you want, where you want.
Whatever your priorities in life, having access to expert advice, local
knowledge and an ATM network around the country, could help you
get more from today and tomorrow.
To talk about the right everyday banking for you,
drop into your local branch or call 13 22 66.
Better banking
from a better bank.
Why sign up for an everyday banking or
savings account from Bank of Melbourne?
Here are a few reasons.
We’re always accessible. With a broad network of ATMs
you can access your money when and where you need it,
plus a whole lot more.
We’ll work hard to earn your trust. We’ll get to know you
and what’s important to you. And the best people to advise
you are often those closest to you.
We make decisions here. We don’t like to handball. That
means quick response times. So if you want to open an
account, in most cases, we can set you up on the spot.
We offer you a single point of contact. Whatever your
financial needs, a familiar face or voice will be there to help.
We live where you live. So as well as sharing an interest in
seeing the neighbourhood succeed, we have an intimate
knowledge of how the local area operates.
We recognise local loyalty. With us, loyalty really does count.
The broader your portfolio, the more you could benefit.
To talk about the right everyday banking for you, drop into your local branch or call 13 22 66.
Transaction accounts.
Everyday banking should be everyday easy. From quick and easy ways
to manage your savings and daily expenses, to electronic banking and
debit cards you can use at over 30 million merchants worldwide, we offer
smart day-to-day banking solutions that fit the way you work and live.
Complete Freedom Account
It’s your money. You deserve the freedom to access it
when and where you want. For a low monthly fee, Complete
Freedom lets you enjoy unlimited access to Internet and
mobile banking, Phone banking or at Bank of Melbourne,
St.George, BankSA or Westpac ATMs.
Deposit a minimum of $2,000 by the last business day
of every month, your salary for example, or have your
Bank of Melbourne home loan repayments deducted
from this account, and we’ll waive the monthly account
service fee. Use your optional Visa Debit Card to make
purchases here, overseas or online with your own money.
For even greater financial control, Complete Freedom also
comes with free email alerts and ten free SMS alerts each
month, updating you on balance or transaction information.
Freedom
to bank
the way
you want.
For The Detail on
Transaction accounts
go to page 17
Easy Switch Do you have direct debits and direct credits set
up on your current transaction account? No problem, we can
help make your banking easier. Drop into your local branch
or call us on 13 22 66 to ask us how.
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Bank of Melbourne SENSE Account
Two accounts, one statement. An everyday transaction and
savings account, working together to help you get ahead.
We wanted to make it easier for the savers among you to
keep track of exactly what you’re saving and spending. So we
thought it made sense to bring two accounts together on the
one customised monthly statement.
Our SENSE Account gives you unlimited access to Internet
and mobile banking, Phone banking or at Bank of Melbourne,
St.George, BankSA or Westpac ATMs. Deposit a minimum
of $2,000 into your SENSE Everyday Account by the last
business day of the month, your salary for example, and
we’ll waive the monthly fee. There is no monthly fee on your
SENSE Savings Account.
Your monthly statement comes with a graph that separates
your spending into ten expense categories. It’s no substitute
for your own budget or financial plan but it gives you a good
idea of where your money is going every month.
Track your
spending
and savings
on one
statement.
For The Detail on
Transaction accounts
go to page 16
If you have a savings target in mind, the SENSE Savings
Progress Graph on your statement lets you track your
savings each month.
A few cents here, a few cents there, it all adds up. Unique
to SENSE is a savings feature that automatically rounds up
your SENSE Everyday purchases using your Visa Debit Card,
Freedom Card and BPAY, to the next dollar. The rounding
amount is then transferred to your SENSE Savings Account,
so your savings are always growing.
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To talk about the right everyday banking for you, drop into your local branch or call 13 22 66.
Express Freedom Account
If you prefer Internet, Mobile and Phone Banking, via
Bank of Melbourne, St.George, BankSA or Westpac ATMs,
or using BPay® or Bank@Post, this account gives you the
freedom to get on and do it. For a small monthly fee, our
Express Freedom Account provides unlimited everyday
Internet, Mobile and Phone Banking, the option of a Visa
Debit Card and ten free SMS alerts every month, updating
you on your balance and transaction information. Deposit at
least $1,000, perhaps your salary, by the last business day of
each month, and we’ll even waive the monthly fee.
Complete Freedom Student Account
Mastering the art of stretching your budget takes time.
We’d rather you focus on your studies. Complete Freedom
Student is a hassle-free account for students and apprentices,
offering easy access to your money with no monthly service
fee. Take up the option of a Visa Debit Card (if you’re over
18 years of age and have an Australian residential address)
to buy what you need with your own money, at home, online,
over the phone or overseas and enjoy unlimited free
everyday transactions at EFTPOS, our branches, via Internet
and Phone Banking, and at Bank of Melbourne, St.George,
BankSA and Westpac ATMs.
Express
banking
completely.
For The Detail on
Transaction accounts
go to page 17
Concession Account
Nothing should hold you back from making the most
of every day. If you hold a Commonwealth Government
Health Concession Card or Seniors Card, this account is
designed to simplify your banking with an uncomplicated,
low-cost range of service options.
As a Concession Account holder, you’ll enjoy no account
service fees and free unlimited everyday banking
withdrawals. You’re eligible for this account if you hold
a Seniors Card or Commonwealth Government Health
Concession Card. Bring this card with you when you apply.
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Retirement Access Plus Account
With your working life behind you and a host of
possibilities in front of you, it’s more important than ever
your money continues working hard for you. If you are
over 55 and no longer working, our Retirement Access
Plus Account is designed to maximise your everyday
banking. You’ll earn interest paid monthly on your savings,
while enjoying access to your money at any Bank of
Melbourne branch, via Bank of Melbourne, St. George,
BankSA and Westpac ATMs, Internet and Phone Banking
or via an optional Visa Debit Card. There’s no monthly
account service fee and if your balance is below $20,000
you receive eight free everyday banking transactions
each month; if your balance is above $20,000 these
transactions are unlimited.
Save for
a worthy
cause.
For The Detail on
Transaction accounts
go to page 17
Society Cheque Account
All around us, in schools, local community centres, sports
clubs and charities, there are Victorians giving up their
time and resources to support fellow Victorians.
We believe in helping out in the local neighbourhood
where we can, so we offer easy low-cost banking for these
non-profit organisations. Our Society Cheque Account
has free unlimited everyday Internet and Phone Banking
(daily transaction limits apply) and a deposit-only card
for approved office bearers. Charities and schools receive
unlimited monthly everyday deposits and withdrawals,
and there’s 20 free monthly deposits and withdrawals
for community and sporting groups and government
agencies. There’s also no monthly account service fee for
schools, charities, and community and sporting groups.
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To talk about the right everyday banking for you, drop into your local branch or call 13 22 66.
Easy access to your money
with Internet and Phone Banking
Your dining table will be delivered sometime
between eight and one. Double pick-up from
school and pre-school in the afternoon. You
need to get to the dry cleaner before it shuts.
Your banking can wait.
Internet and Phone Banking gives you greater
control and flexibility to fit your busy life, with
24/7 access to your accounts, the ability to pay
bills automatically, plus handy SMS alerts.
For a comprehensive list of features, pick up
our Internet and Phone Banking product guide
at your local Bank of Melbourne branch, or
take a look at our online demonstration at
bankofmelbourne.com.au
Savings.
We all have different reasons for saving. And different ways to get
there. You may have a little extra to set aside each month. Maybe you’re
juggling other financial obligations, or need to tap into your savings
to cover unforeseen expenses. No matter what your circumstances,
we can help put your savings goal in reach.
Maxi Saver Account
If you’re serious about saving, and like to manage
your savings online, on the phone, or on the go,
a Bank of Melbourne Maxi Saver Account may be
for you. You’ll earn competitive interest on every dollar
with no minimum balance and no monthly account
service fees. Plus you’ll always have easy access
to your money via your eligible Bank of Melbourne
working account.
For The Detail on
Savings accounts
go to page 17
Incentive Saver Account
You may have the best intentions but temptation is
everywhere, especially around sale time. To encourage you
to stay on track towards your savings goal, we created the
Incentive Saver Account.
On top of a competitive interest rate, this account rewards
you with bonus interest every month you make at least one
deposit and no withdrawals. Another incentive is no monthly
account service fee. If you really need to access your money,
you can do that too.
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To talk about the right savings account for you, drop into your local branch or call 13 22 66.
Investment Cash Account
From time to time, you may have a large sum of money
you’re waiting for the right time to invest. Perhaps
proceeds from a property sale or an inheritance.
Ideal for savers and investors, this account is a great
place to park those large sums while you decide what
to do next. Our Investment Cash Saver Account provides
immediate and unlimited access to your funds online,
while earning a competitive interest rate on every dollar.
There are no monthly account service fees, plus cheque
book access if you would like it.
DIY Super Saver Account
The DIY Super Saver Account has been specifically
designed for self-managed super funds, offering the
same features as the Maxi Saver Account. DIY Super
saver is a great online cash investment account for
self-managed super funds.
Never
miss an
opportunity
to save.
For The Detail on
Savings accounts
go to page 17
What do I get?
– Competitive interest earned on every dollar
– No monthly account service fees – every dollar
you save is yours
– No minimum balance
– Access to your funds at the branch
bankofmelbourne.com.au
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Term deposits
Out of sight, out of mind. For some it’s the best way to
save – to put money away, out of temptation’s way and
watch it grow. With a little discipline and a little time, we
can help you stay on track to your savings goal.
With our fixed term deposits you know exactly how much
you’ll earn and exactly when you’ll earn it. Choose a fixed
term, from one month to five years, and you’ll enjoy
competitive interest rates and no account service fees.
Plus, depending on the term of your account, you have
a choice of interest payment options – monthly, half-yearly,
annually or at maturity, it’s up to you.
Stay on
track to your
savings goal.
For The Detail on
Term Deposits
go to page 17
bankofmelbourne.com.au
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Debit cards
It’s your money. With a Visa Debit Card you can shop online,
use it overseas, or pay bills over the phone. Rather than
relying on credit, a debit card gives you easy access to your
own money and even greater control of your finances.
Visa Debit Card
If money talks, your Visa Debit Card speaks most languages.
It’s accepted at over 30 million locations around the world
and because you’re using your money, not credit, it’s a great
way to manage your finances and keep your expenses
in check. Your Visa Debit Card comes with the state-of-the-art
security of FalconTM to help protect you from any
unauthorised transactions. Link your Visa Debit Card to
your Bank of Melbourne transaction account, Complete
Freedom, Express Freedom, Complete Freedom Student,
Bank of Melbourne SENSE Account or Retirement Access Plus.
Enjoy
greater
control
using your
money.
For The Detail on
Visa Debit Card and
Savings accounts
go to page 16
Deposit only Card
To be a good saver, it helps to eliminate the temptation to
spend what you’ve already set aside. Our Deposit only Card
lets you access your account information, but unlike
a standard ATM card, won’t let you withdraw your money
– a sure-fire way to help keep your savings growing.
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To talk about the right savings account for you, drop into your local branch or call 13 22 66.
The Detail.
This brochure was correct when we wrote it on 1st April 2014.
Things such as product features, terms & conditions, fees & charges
and interest rates may change. It’s important that you read about
all the terms and conditions and fees and charges of any product or
service before making a decision. We haven’t had the chance to take
your personal financial circumstances into consideration when we
prepared this.
To find out more about any product or service, go to our website
bankofmelbourne.com.au, call us on 13 22 66 or come into one
of our branches.
© 2014 Bank of Melbourne – A Division of Westpac Banking Corporation
ABN 33 007 457 141 AFSL and Australian credit licence 233714
Visa Debit Card
There are daily transaction limits that apply and to be eligible for a Visa Debit Card,
you must have an Australian residential address and be an Australian resident over 14
years of age. If you are younger than 14 years old and you are a full time student, please
contact us on 13 22 66 or come and see us at your local branch if you’re interested in
finding out more about your card options. Falcon™ is a registered trademark of Fair
Isaac Corporation.
Internet and Phone Banking
Bank of Melbourne Internet and Phone Banking are services that could give you more
control over your finance than ever before. The services are usually available 24 hours,
7 days a week unless there’s a rare problem with our systems. If the systems are down,
you can be assured that we’re working behind the scenes to fix the problem quickly.
You need to register for these services by calling 13 22 66 or coming to see us at your
local branch. It’s best to read the terms and conditions for each service, available on
bankofmelbourne.com.au before making a decision and consider whether the product
is appropriate for you.
SENSE Savings Account
It’s best to read the terms and conditions: Transaction, Savings and Investment Accounts
Banking Services Terms and Conditions and General Information and Transaction,
Savings and Investment Accounts – Fees and Charges and How to minimise them and
the Interest Rate sheets before making a decision and consider whether the product is
16
appropriate for you. These are available on bankofmelbourne.com.au or by calling us
on 13 22 66 or from your local Bank of Melbourne branch.
SMS alerts
For SMS alerts you must be an Australian resident aged 18 years or over. After your ten
free SMS alerts each month with Complete Freedom and Express Freedom Accounts,
you pay $0.25 per alert. On all other products you will pay $0.25 per alert.
To check what SMS fees and further details that apply to your product of choice, visit
bankofmelbourne.com.au. Email alerts are always free.
eStatements
eStatements are available for individual account holders on most transaction and
savings accounts. Joint account holders are not eligible to switch to eStatements but
you can still view a copy of your statements online. You will need to sign up for Internet
Banking in order to receive eStatements.
Complete Freedom, Express Freedom, Retirement Access Plus, Concession, Society
Cheque, Maxi Saver, Incentive Saver, DIY Super Saver and Investment Cash Accounts
It’s best to read the terms and conditions: Transaction, Savings and Investment Accounts
Banking Services Terms and Conditions and General Information and Transaction,
Savings and Investment Accounts – Fees and Charges and How to minimise them and
the Interest Rate sheets before making a decision and consider whether the product is
appropriate for you.
These are available on bankofmelbourne.com.au or by calling us on 13 22 66 or
from your local Bank of Melbourne branch.
Maxi Saver Account
To hold a Maxi Saver account you must also hold an eligible Bank of Melbourne working
account in the same name or have an existing eligible Bank of Melbourne joint account
with your name included in the title.
Fees and charges may apply on your eligible working account.
DIY Super Saver Account
Fees and charges may apply on your eligible working account.
To hold a DIY Super Saver account you must also hold an eligible Bank of Melbourne
working account in the same name. Fees and charges may apply if you access your
account in-branch.
Term Deposits
It’s best to read the terms and conditions: Fixed Term Accounts Term Deposits
Terms and Conditions and General Information and Fixed Term Deposit Interest
Rates. These are available on bankofmelbourne.com.au or from your local branch.
BPAY® Registered to BPAY Pty Ltd ABN 69 679 137 518
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Better everyday banking
is around the corner.
To talk about the right everyday
banking and savings accounts for
you, drop into your local branch
or call 13 22 66.
bankofmelbourne.com.au
13 22 66
When you’re ready to apply, it would
be helpful if you could bring:
Two forms of ID from the list at
bankofmelbourne.com.au/personal/
bank-accounts/tools/customer-identification
© 2014 Bank of Melbourne – A Division of Westpac Banking Corporation ABN 33 007 457 141 AFSL and Australian credit licence 233714
BOMPB005 04/14