Variable
Flexible Home Loan
- Optional offset
- Free extra repayments and redraw
- No annual fee
Sharp prime variable with low comparison rate
Current rate: published on ME's own rate card
Tier-2 bank
ME Bank
Industry-super-fund-founded bank, now owned by BOQ. Strong digital home loan, low-frills positioning with sharp prime pricing.
Part of BOQ MelbourneFounded 1994Australian Credit Licence 244616
ME at a glance
ME Bank is a bank that is part of BOQ. It offers home loans.
- Lender type
- Tier-2 bank
- Bank or non-bank
- Authorised deposit-taking institution (Bank of Queensland Limited)
- Part of
- BOQ
- Credit licence
- ACL 244616, Bank of Queensland Limited
- Lends
- Home loans
- Headquarters
- Melbourne
Strengths
- Sharp prime variable rates
- Low-frills, fee-light products
- Digital-first servicing
Watch out for
- Servicing tightening since BOQ ownership
- Fewer specialist products
ME loans and products
What ME offers in each category, with the features, eligibility and trade-offs we note. For the current rate on each product, follow the link to ME’s own rate card.
ME home loans
Compare home loans lendersAlternatives to ME
Other lenders in our directory that offer home loans, starting with other tier-2 bank lenders.
- Bank of QueenslandTier-2 bank. Home loans, Equipment finance
- Bendigo and Adelaide BankTier-2 bank. Home loans, Equipment finance
- ING AustraliaTier-2 bank. Home loans, Car loans, Personal loans, Business loans
- Macquarie BankTier-2 bank. Home loans, Business loans
- Australia and New Zealand Banking GroupMajor bank. Home loans, Car loans, Business loans, Equipment finance, Personal loans
- Bank AustraliaCustomer-owned. Home loans, Car loans
More on ME
- ME review: pros, cons and who it suits
What ME offers, the trade-offs, and who should look elsewhere.
ME: frequently asked questions
Is ME a bank?
Yes. ME’s loans are provided by Bank of Queensland Limited, which is on APRA’s register of authorised deposit-taking institutions (ADIs), the list of banks, building societies and credit unions licensed under the Banking Act 1959.
Who owns ME?
ME Bank is a division of Bank of Queensland Limited. Its loans are provided under Australian Credit Licence 244616, held by Bank of Queensland Limited.
What is ME’s credit licence number?
Bank of Queensland Limited holds Australian Credit Licence 244616, the licence ME operates under. You can check a licence on ASIC’s Professional Registers before you apply.