High Interest Saver
Grow your savings with bonus interest for regular deposits and no withdrawals.
Rates and Tiers
| Balance Tier | Base Rate | Bonus Rate | Max Rate |
|---|---|---|---|
| $0 – $5,000 | 0.25% p.a. | 2.50% p.a. | 2.75% p.a. |
| $5,001 – $50,000 | 0.25% p.a. | 2.75% p.a. | 3.00% p.a. |
| $50,001+ | 0.25% p.a. | 3.00% p.a. | 3.50% p.a. |
Bonus Eligibility
- Deposit at least $50 each month.
- No withdrawals in the statement period.
- Account must remain in credit.
Fees
- Monthly account fee: $0
- Excess withdrawal fee: $5 (if more than 1 withdrawal in a month)
Target Market
Individuals saving for medium-term goals who can deposit regularly and limit withdrawals.
Interest calculation
Interest is calculated daily on balance tiers and paid monthly. Bonus interest applies when criteria are met.