Whether you’ve set your sights on something smaller, like a weekend away or new work outfit, or something bigger like a car or house deposit, earning bonus interest on your savings can help you reach your goals faster.
Setting up an automatic regular transfer is an easy way to keep your savings ticking over. Just head to Internet and Mobile Banking and follow the steps below. If you’d prefer the freedom to make manual deposits, then just follow the same process.
Logon to Internet Banking or open the Bank of Melbourne App, select ‘Transfer and Pay’ then choose the accounts you’d like to transfer from and into.
Enter the transfer amount and highlight the check box to set up a scheduled or recurring payment. Then choose the frequency, plus the start and end date, then hit continue.
Review your transfer, and if you’re happy, select ‘Submit payment’.