Bank of Melbourne savings accounts

4.1
Based on 182 Bank of Melbourne savings account product reviews.
Fact Checked

Formerly St.George in Victoria, The Bank of Melbourne provides a banking alternative to customers with its large range of products in home, personal and business banking. Based in Victoria the Bank of Melbourne offers its customers bank accounts, credit cards, term deposits, private banking services, home loans and personal loans.

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Last updated 25 December 2024 Important disclosures

Bank of Melbourne savings accounts

  • Incentive Saver Account

    • Kids
    Maximum rate
    5.25 % p.a.
    (for $0 to $250,000)
    Grow the account balance by any amount each month.
    Standard rate
    1.85 % p.a.
    (for $0 and over)
    No Partner link

  • Incentive Saver Account

    Maximum rate
    5.25 % p.a.
    (for $0 to $250,000)
    Intro bonus rate of 5.15% for balances up to $250,000 for the first 3 months (5.15% if opened at a branch), reverting to 5.00%. Balance must grow by at least $50 a month. If under 21, balance must grow by $0.01 a month (excluding interest).
    Standard rate
    1.85 % p.a.
    (for $0 and over)
    No Partner link

  • Maxi Saver

    Maximum rate
    5.15 % p.a.
    (for $0 and over)
    bonus rate for first 3 months
    Standard rate
    1.10 % p.a.
    (for $0 and over)
    No Partner link

  • Investment Cash Account

    Maximum rate
    1.00 % p.a.
    (for $0 and over)
    Standard rate
    1.00 % p.a.
    (for $0 and over)
    No Partner link

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Bank of Melbourne savings account ratings

Overall customer rating for Bank of Melbourne savings accounts

4.1
Based on 182 product reviews.

Customer reviews

Important disclosures

Bank of Melbourne products

Savings account quick links


^See information about the Mozo Experts Choice Savings Account Awards

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