Comparison

ME Bank vs Teachers Mutual Bank

Price, ratings, monetisation and update history for both apps, side by side β€” with what reviewers say about each.

Head to head
About

ME Bank

Manage your banking needs with this updated mobile application. It offers improved features for a better user experience, with ongoing enhancements planned.

Highlights
  • Account management
  • Transaction tracking
  • App improvements
  • Ongoing feature updates
Features
Read full description

Bank with ME? Check out the latest version and features of our app – we’ve made some improvements and we’ll continue to make more.

About

Teachers Mutual Bank

Manage your finances securely and conveniently from your mobile device. Access popular banking features like checking balances, making payments, managing cards, and tracking spending and savings goals.

Highlights
  • Quick Balance feature
  • Card control (block, unblock, cancel)
  • Nickname accounts
  • Manage PayID, transfers, and payments
  • Track spending and set savings goals
  • Secure messaging and document sharing
  • Personalize home screen
Features
Read full description

Manage your money anytime from your mobile, with simple, secure access to popular features you use often. Check your balance, make payments, manage your cards, track your spending and work towards your savings goals – all in one app. With the Teachers Mutual Bank Mobile Banking AppΒΉ, you can: β€’ check your account balance at a glance with the Quick Balance feature – no login required. β€’ control your cards – temporarily block, unblock or cancel your card or update your PIN. β€’ nickname your accounts. β€’ manage PayID, transfers and payments. β€’ view your full card details securely. β€’ track your spending and set savings goals with the β€˜How I Spend’ feature. β€’ save and share receipts straight to the app. β€’ message us securely and send documents and screenshots. β€’ personalise your home screen with your favourite accounts, goals, trackers and shortcuts. β€’ view detailed interest rate information for home loans, term deposits and savings accounts. If you’re already registered for Internet Banking, you're ready to go. Simply download the app and log in using your member number and Internet Banking password. Visit tmbank.com.au/faq for help. Important Information ΒΉYou should consider whether this service is appropriate for you before acquiring it. For additional information, please refer to our Security Guide for electronic transactions and the Mobile App Terms of Use. An internet connection is required to use the Mobile App. Normal mobile data charges apply. We test mobile banking to ensure compatibility with most popular devices but cannot guarantee compatibility with all devices and operating systems. Teachers Mutual Bank is a division of Teachers Mutual Bank Limited ABN 30 087 650 459 AFSL/Australian Credit Licence 238981. We may collect information about how the application is used to help us improve the functionality, performance and user experience of the application, including through statistical analysis of aggregated usage trends. Where personal information is collected through your use of the application, it will be handled in accordance with our Privacy & Credit Reporting Policy. For further information about how we manage personal information, please refer to our Privacy & Credit Reporting Policy.

Screenshots

ME Bank4 screens
Teachers Mutual Bank4 screens

Verdict

The call

The clearest difference is monetization model: Teachers Mutual Bank at free against ME Bank's free with in-app purchases. Teachers Mutual Bank also leads on review sentiment (17% vs 4%). ME Bank's advantage is update cadence (every 2 months vs every 5 months). On price, ads, in-app purchases and device support there is nothing between them.

Scored on Price Β· Rating Β· Positive reviews Β· Number of ratings Β· Update frequency Β· Ads Β· In-app purchases Β· Monetization Β· Best chart rank Β· Devices Β· Requires iOS

CostPrice Β· In-app purchases Β· Ads Β· Monetization

Both are free to download. Neither carries in-app purchases, so what you see is what you pay.

UpkeepUpdate frequency

ME Bank ships an update every 2 months, Teachers Mutual Bank every 5 months. Both last shipped on November 6, 2026.

Scorecard3 real differences Β· 5 level
ME Bank versus Teachers Mutual Bank: the parameters behind the verdict, then further details
ParameterME BankTeachers Mutual Bank
PriceFreeFree
Positive reviews4.1% of reviews16.5% of reviews β€” better
Update frequencyEvery 2 months β€” betterEvery 5 months
AdsNoNo
In-app purchasesNoNo
MonetizationFree with in-app purchasesFree β€” better
DevicesiPhone, iPad, iPodiPhone, iPad, iPod
Requires iOS15.015.0
Further details β€” not scored
Size115 MB111 MB
Age rating4+4+
DeveloperMembers Equity Bank Pty LtdTeachers Mutual Bank Limited

Customer experience

ME Bank

Written reviews74 reviews
Positive4.1%
Neutral8.1%
Negative87.8%

Teachers Mutual Bank

Written reviews121 reviews
Positive16.5%
Neutral14.9%
Negative68.6%

In-app purchases

None

ME Bank

No in-app purchases

None

Teachers Mutual Bank

No in-app purchases

Questions

Is ME Bank free?
ME Bank is free to download, with no in-app purchases.
Is Teachers Mutual Bank free?
Teachers Mutual Bank is free to download, with no in-app purchases.
Do ME Bank or Teachers Mutual Bank have ads?
Neither ME Bank nor Teachers Mutual Bank shows ads.
Which is updated more often, ME Bank or Teachers Mutual Bank?
ME Bank ships an update every 2 months, and Teachers Mutual Bank every 5 months. Most recently, ME Bank was updated on November 6, 2026 and Teachers Mutual Bank on November 6, 2026.

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