Members Equity Bank was formed in 1999 with a goal to give industry super fund members better value banking and better service with a dedicated approach to borrowing and products that were simple, straightforward and offered value for money to the average working Australian. Members Equity Bank focuses on low or no fees, low interest rates and higher returns built in for industry super fund members.

The Members Equity MasterCard offers one of the lowest interest rates in the country and other benefits include adding an additional cardholder at no extra cost and a replacement card accessible anywhere in the world in the event that your current one is lost or stolen. If you are after more information on low rate credit cards, click here to have a look at some of our compare tables. CreditCards.com.au has a wide variety of credit cards to suit every individual's lifestyle.

Famous for its home loans, Members Equity Bank offers three types that boast no account maintenance fees, no application or valuation fees and low rates of interest. The Standard Home Loan, the Interest Only Investment Loan and the Ultimate Offset Account are all affordable and flexible with funds accessible through different options, including ATMs free of charge or Electronic Funds Transfers at Point of Sale.

Members Equity Bank also offers personal loans for uses such as home renovations, travel or vacation money, emergency cash, education and investments. There are no annual fees, no account maintenance fees or additional repayment fees associated with a personal loan from Members Equity Bank.

There are also term deposit and savings accounts available to support Australians in their efforts to manage funds and save. Customers have the option of an online savings account, allowing customers to withdraw funds without penalty from their accounts any time. There is also a term deposit account with competitive rates and a choice of 24 months, 12 months, 9 months, 6 months or 3 months.

Members Equity Bank is continually growing and has opened branches across Australia as more industry super fund members take advantage of the benefits.