Bank of Queensland subsidiary ME cut the ongoing bonus rate on its Home Savings Account by 10 basis points last month, dropping the rate of 5.55 per cent and leading the ongoing downward trend in savings rates. The Mozo Banking Roundup reported that for the third month in a row, most changes to at-call savings and term deposit rates were cuts. In the at-call market, ANZ cut both the introductory rate and the base rate on its Online Saver by 10 bps. Australian Unity cut the introductory rate on its Easy Saver Plus by 15 bps and Defence Bank cut the introductory rate on its iSaver account by 25 bps. Bank of Queensland increased the unconditional rate on its Simple Saver Account by 10 bps but cut the ongoing bonus rate on its Future Saver Account by 10 bps. Top at-call rates include ME’s offer of an ongoing bonus rate of 5.55 per cent on the HomeME Savings Account, Rabobank’s four-month intro rate of 5.6 per cent on its High Interest Savings Account and Police Bank’s base rate of 5.25 per cent on its Super Charge Account (for deposits up to A$10,000). In the TD market, Alex Bank, ANZ, Judo Bank and Macquarie cut rates, while AMP Bank, Bank of Sydney and NAB increased rates.