Home News ME & Heritage Bank customers can now use Apple Pay

ME & Heritage Bank customers can now use Apple Pay

ME and Heritage Bank have today switched on Apple Pay, enabling customers to now make contactless payments with their smartphone.

By William Jolly

on 07 Jul 2020

ME & Heritage Bank customers can now use Apple Pay

Image source: ME (supplied).

The news is better late than never for ME and Heritage Bank customers, with the two banks following the more than 80, including all of the big four, in introducing the smartphone payment service.

Westpac, the last of the big four to introduce Apple Pay, did so in late April.

The introduction of Apple Pay from ME and Heritage Bank comes at a time when contactless payments continue to climb as a result of COVID-19.

Read: Record number of digital wallet transactions made in March 2020

To use Apple Pay, customers can simply hold their iPhone or Apple Watch near a payment terminal once Apple Pay has been installed. To do this:

Open the Wallet app and tap + then sign in;
Follow the prompts to add a new card;
Verify yourself by the SMS or email with your code;

Then, customers can hold their phones to a terminal and place their finger on Touch ID to pay.

This is available on the iPhone 6 or any later versions, as well as the Apple Watch Series 1 and later versions - any ME & Heritage Bank debit or credit card can be used.

Need somewhere to store cash and earn interest? The table below features introductory savings accounts with some of the highest interest rates on the market.

Deposit amount

Compare

Provider	Base interest rate	Max interest rate	Total interest earned	Introductory Term	Minimum Amount	Maximum Amount	Account Keeping Fees	Min. Monthly Deposit	Min. Opening Deposit	Linked account required	ATM Access	EFTPOS Facility	as ofAugust 21, 2024

	4.40^%_p.a.	Intro rate for 4 monthsthen 4.40% p.a. 5.75^%_p.a.	^$533	4	^$0	^$250,000	0	0	0	$product[$field["value"]]	$product[$field["value"]]	$product[$field["value"]]	More details
FEATURED	High Interest Savings Account (< $250k) Bonus rate for the first 4 months from account opening No account keeping fees No minimum balance
FEATURED High Interest Savings Account (< $250k) Bonus rate for the first 4 months from account opening No account keeping fees No minimum balance More details
	4.75^%_p.a.	Intro rate for 4 monthsthen 4.75% p.a. 5.35^%_p.a.	^$518	4	^$0	^$249,999	0	0	0	$product[$field["value"]]	$product[$field["value"]]	$product[$field["value"]]	More details
FEATURED	Savings Account (Amounts < $250k) A high-interest online savings account with no monthly fees, easy withdrawals and award-winning digital banking No withdrawal notice periods or interest rate penalties Save up to 10% on eGift cards at over 50 retailers with Macquarie Marketplace
FEATURED Savings Account (Amounts < $250k) A high-interest online savings account with no monthly fees, easy withdrawals and award-winning digital banking No withdrawal notice periods or interest rate penalties Save up to 10% on eGift cards at over 50 retailers with Macquarie Marketplace More details
	–	5.50^%_p.a.	^$556		^$0	^$100,000	0	0	0	$product[$field["value"]]	$product[$field["value"]]	$product[$field["value"]]	More details
FEATURED*Rate varies on savings amount	Save Account (<$100,000) Deposit $500 per month to get bonus interest 5.50% p.a. available on total savings up to $100k. 5.00% p.a. applies to savings between $100k-250K. Tiered bonus rates apply. (TMDs at ubank.com.au)
FEATURED*Rate varies on savings amount Save Account (<$100,000) Deposit $500 per month to get bonus interest 5.50% p.a. available on total savings up to $100k. 5.00% p.a. applies to savings between $100k-250K. Tiered bonus rates apply. (TMDs at ubank.com.au) More details
	2.85^%_p.a.	Intro rate for 4 monthsthen 2.85% p.a. 3.55^%_p.a.	^$333	4	^$0	^$49,999	0	0	0	$product[$field["value"]]	$product[$field["value"]]	$product[$field["value"]]	More details
FEATURED	Savings Accelerator (Amounts < $50000) For deposit amounts $0 - $49,999 New ING personal savings customers receive an introductory bonus 0.50% p.a. variable kick starter rate for the first 4 months on balances up to $500,000. Reverts to variable ongoing rate. T&Cs apply.
FEATURED Savings Accelerator (Amounts < $50000) For deposit amounts $0 - $49,999 New ING personal savings customers receive an introductory bonus 0.50% p.a. variable kick starter rate for the first 4 months on balances up to $500,000. Reverts to variable ongoing rate. T&Cs apply. More details
	Bonus rate of 4.95%Conditions apply. 0.55^%_p.a.	5.50^%_p.a.	^$556		^$0	^$100,000	0	1000	0	$product[$field["value"]]	$product[$field["value"]]	$product[$field["value"]]	More details
	Savings Maximiser (<$100k) Deposit at least $1,000+ each month from an external source Make 5 or more eligible transactions Grow your savings balance each month
Savings Maximiser (<$100k) Deposit at least $1,000+ each month from an external source Make 5 or more eligible transactions Grow your savings balance each month More details
	Bonus rate of 4.85%Conditions apply. 0.50^%_p.a.	5.35^%_p.a.	^$541		^$1	^$50,000	0	500	1	$product[$field["value"]]	$product[$field["value"]]	$product[$field["value"]]	More details
	Goal Saver
Goal Saver More details
	Bonus rate of 4.95%Conditions apply. 0.10^%_p.a.	5.05^%_p.a.	^$510		^$1	^$99,999,999	0	5	0	$product[$field["value"]]	$product[$field["value"]]	$product[$field["value"]]	More details
	Young Saver Account
Young Saver Account More details
	Bonus rate of 4.95%Conditions apply. 0.05^%_p.a.	5.00^%_p.a.	^$505		^$0	^$99,999,999	0	0	0	$product[$field["value"]]	$product[$field["value"]]	$product[$field["value"]]	More details
	Smart Saver Account (Under 25)
Smart Saver Account (Under 25) More details
	Bonus rate of 4.70%Conditions apply. 0.30^%_p.a.	5.00^%_p.a.	^$505		^$0	^$100,000	0	0.01	1	$product[$field["value"]]	$product[$field["value"]]	$product[$field["value"]]	More details
	Reward Saver Account($0-$100k)
Reward Saver Account($0-$100k) More details
	Bonus rate of 4.00%Conditions apply. 1.00^%_p.a.	5.00^%_p.a.	^$505		^$1	^$99,999,999	0	50	1	$product[$field["value"]]	$product[$field["value"]]	$product[$field["value"]]	More details
	Save up
Save up More details
	Bonus rate of 4.94%Conditions apply. 0.01^%_p.a.	4.95^%_p.a.	^$500		^$0	^$1,000,000	0	200	0	$product[$field["value"]]	$product[$field["value"]]	$product[$field["value"]]	More details
	Bonus Saver (<$1 Million)
Bonus Saver (<$1 Million) More details
	4.90^%_p.a.	4.90^%_p.a.	^$495		^$0	^$249,999	0	0	0	$product[$field["value"]]	$product[$field["value"]]	$product[$field["value"]]	More details
	ANZ Save
ANZ Save More details
	Bonus rate of 5.24%Conditions apply. 0.01^%_p.a.	5.25^%_p.a.	^$531		^$0	^$99,999	0	100	0	$product[$field["value"]]	$product[$field["value"]]	$product[$field["value"]]	More details
	Bonus Saver Account (Amounts < $100k)
Bonus Saver Account (Amounts < $100k) More details
	2.35^%_p.a.	Intro rate for 5 monthsthen 2.35% p.a. 5.10^%_p.a.	^$468	5	^$0	^$5,000,000	0	0	0	$product[$field["value"]]	$product[$field["value"]]	$product[$field["value"]]	More details
	NetBank Saver
NetBank Saver More details
	Bonus rate of 3.20%Conditions apply. 2.00^%_p.a.	5.20^%_p.a.	^$526		^$0	^$30,000	0	0.01	0	$product[$field["value"]]	$product[$field["value"]]	$product[$field["value"]]	More details
	Life (< 30 years) (Monthly deposit)
Life (< 30 years) (Monthly deposit) More details
	Bonus rate of 5.30%Conditions apply. 0.05^%_p.a.	5.35^%_p.a.	^$541		^$0	^$250,000	0	1000	0	$product[$field["value"]]	$product[$field["value"]]	$product[$field["value"]]	More details
	Boost Saver
Boost Saver More details
	Bonus rate of 5.00%Conditions apply. 0.55^%_p.a.	5.55^%_p.a.	^$561		^$0	^$100,000	0	2000	0	$product[$field["value"]]	$product[$field["value"]]	$product[$field["value"]]	More details
	HomeME Savings Account ($0 - $100,000)
HomeME Savings Account ($0 - $100,000) More details
	Bonus rate of 5.40%Conditions apply. 0.10^%_p.a.	5.50^%_p.a.	^$556		^$1	^$25,000	0	200	1	$product[$field["value"]]	$product[$field["value"]]	$product[$field["value"]]	More details
	Growth Saver ($1 - $25k)
Growth Saver ($1 - $25k) More details
	Bonus rate of 5.45%Conditions apply. 0.05^%_p.a.	5.50^%_p.a.	^$556		^$0	^$50,000	0	1000	0	$product[$field["value"]]	$product[$field["value"]]	$product[$field["value"]]	More details
For customers aged 14-35 years	Future Saver Account ( < $50k)
For customers aged 14-35 years Future Saver Account ( < $50k) More details
	–	5.25^%_p.a.	^$531		^$0	^$1,000,000	0	20	1	$product[$field["value"]]	$product[$field["value"]]	$product[$field["value"]]	More details
	Reward Saver Kick Start (Amounts ≤ $1m)
Reward Saver Kick Start (Amounts ≤ $1m) More details
	Bonus rate of 4.20%Conditions apply. 1.20^%_p.a.	5.40^%_p.a.	^$546		^$0	^$250,000	0	1000	0	$product[$field["value"]]	$product[$field["value"]]	$product[$field["value"]]	More details
	Saver Account (<$250k)
Saver Account (<$250k) More details

Savings Account (Amounts < $250k)

Product Features

A high-interest online savings account with no monthly fees, easy withdrawals and award-winning digital banking
No withdrawal notice periods or interest rate penalties
Save up to 10% on eGift cards at over 50 retailers with Macquarie Marketplace

Total interest earned$518

4.75 % Base interest rate

5.35 % Max interest rate

Intro rate for

then

4.75%

More details

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“We’re pleased to announce that all new and existing ME cardholders can now use Apple Pay," ME Group Executive Customer Banking Craig Ralston said.

"Customers have been asking for it, and we’re happy to be introducing it during a time when people are looking for an alternative to cash."

Heritage Bank CEO Peter Lock said COVID-19 has made it more important than ever to support customers to make contactless digital payments simply and safely.

“We are continuing to listen, learn and innovate and are absolutely thrilled to build on our goal of supporting our customers with great payment experiences through Apple Pay," Mr Lock said.

ME Bank said Apple Pay is a safer, more secure and private way to pay.

"Every Apple Pay purchase is secure because it is authenticated with Face ID, Touch ID, or device passcode, as well as a one-time unique dynamic security code," ME said.

"Apple Pay is accepted wherever contactless payments are accepted, in grocery stores, pharmacies, taxis, restaurants, coffee shops, retail stores, and many more places."

ME-apple-phone-colour

Source: ME Bank.

Do ME and Heritage Bank also allow Google and Samsung Pay?

As well as Apple Pay, two other major digital wallet platforms are Google Pay and Samsung Pay.

Samsung Pay isn’t quite as popular as the likes of Apple Pay and Google Pay, which have more than 80 and 70 banking partners each. Samsung Pay, by contrast, has just over 60 supported banks on its roster.

With the introduction of Apple Pay, Heritage Bank now offers each of these digital wallets

ME currently only has Apple Pay.

William Jolly

William Jolly joined Savings.com.au as a Financial Journalist in 2018, after spending two years at financial research firm Canstar. In William's articles, you're likely to find complex financial topics and products broken down into everyday language. He is deeply passionate about improving the financial literacy of Australians and providing them with resources on how to save money in their everyday lives.

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ME & Heritage Bank customers can now use Apple Pay

High Interest Savings Account (< $250k)

High Interest Savings Account (< $250k)

Savings Account (Amounts < $250k)

Savings Account (Amounts < $250k)

Save Account (<$100,000)

Save Account (<$100,000)

Savings Accelerator (Amounts < $50000)

Savings Accelerator (Amounts < $50000)

Savings Maximiser (<$100k)

Savings Maximiser (<$100k)

Goal Saver

Goal Saver

Young Saver Account

Young Saver Account

Smart Saver Account (Under 25)

Smart Saver Account (Under 25)

Reward Saver Account($0-$100k)

Reward Saver Account($0-$100k)

Save up

Save up

Bonus Saver (<$1 Million)

Bonus Saver (<$1 Million)

ANZ Save

ANZ Save

Bonus Saver Account (Amounts < $100k)

Bonus Saver Account (Amounts < $100k)

NetBank Saver

NetBank Saver

Life (< 30 years) (Monthly deposit)

Life (< 30 years) (Monthly deposit)

Boost Saver

Boost Saver

HomeME Savings Account ($0 - $100,000)

HomeME Savings Account ($0 - $100,000)

Growth Saver ($1 - $25k)

Growth Saver ($1 - $25k)

Future Saver Account ( < $50k)

Future Saver Account ( < $50k)

Reward Saver Kick Start (Amounts ≤ $1m)

Reward Saver Kick Start (Amounts ≤ $1m)

Saver Account (<$250k)

Saver Account (<$250k)

Do ME and Heritage Bank also allow Google and Samsung Pay?

William Jolly

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Product Coverage and Sort Order

Comparison Rate Warning and Base Criteria

Monthly Repayment Figures

Related Brands

General Advice Disclosure