Not only does the Active Saver account have a competitive bonus interest rate, with no account fees it also makes it easier for Australians to keep growing their savings. You can score a 4.75% ongoing bonus rate when you don't make any withdrawals and deposit at least $250 each month from a linked Australian Unity transaction account.
For Australians looking for a more rewarding place to stash their savings, Australian Unity’s Active Saver account ticks a lot of boxes – especially with a 4.75% ongoing bonus rate. To access the rate, savers will need to deposit at least $250 each month into the account without making any withdrawals, otherwise they’ll receive the standard rate of 0.01% instead.
With no minimum account balance and a maximum balance of $500,000, the Active Saver is open to both those at the start of their savings journey or for those who want to earn some serious interest on their existing nest egg. Just keep in mind that if you’re balance does tick over $500,000, the exceeding portion of the balance will only earn interest at the standard rate of 0.01%.
If you like your banking to be straightforward you'll also love the lack of account fees, as well as the option to use either phone or internet banking, though you won’t have any branch access with this account.
The Australian Unity Active Saver account could be a great option for savers over 16 who are happy to put a regular deposit away in return for a high interest rate, though it’s not for those who like to dip in and out of their savings.
To earn the bonus interest rate of 4.75% you’ll need to deposit at least $250 (without making any withdrawals) each month from a linked Australian Unity Transaction Account.
Balances from $0: 0.01% p.a. |
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Balances from $0: 4.75% p.a. |
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Minimum deposit of $250 and no withdrawals in the month |
$0.00 |
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n/a |
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Unlimited free transactions from phone and internet |
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n/a |
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n/a |
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n/a |
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n/a |
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n/a |
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n/a |
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$0.00 |
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$0.00 |
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n/a |
$0.00 |
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$0.00 |
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Monthly |
no |
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n/a |
|
no |
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no |
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no |
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no |
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no |
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yes |
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yes |
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no |
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no |
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Must link with Transaction Account from this provider. |
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none |
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none |
Worst company Never Invest with Australian Unity. They treat u like a number not a human. They take your money and have continuous excuses as to why they can’t return your own money. Every time u try to speak to them I get a generic response. As I said this is a very bad company
Read full reviewWorst company Never Invest with Australian Unity. They treat u like a number not a human. They take your money and have continuous excuses as to why they can’t return your own money. Every time u try to speak to them I get a generic response. As I said this is a very bad company
Savings Account
5.35% p.a. (for $0 to $250,000)
4.75% p.a.(for $0 to $1,000,000)
Yes up to $250,000
High Interest Savings Account
5.75% p.a. (for $0 to $250,001)
4.40% p.a.(for $0 to $250,001)
Yes up to $250,000
Reward Saver Account
5.25% p.a. (for $0 to $1,000,000)
0% p.a.(for $0 and over)
Yes up to $250,000
Reward Saver
5.25% p.a. (for $0 to $100,000)
0.30% p.a.(for $0 and over)
Yes up to $250,000
AMP Saver Account
5.40% p.a. (for $0 to $250,000)
1.20% p.a.(for $0 to $5,000,000)
Yes up to $250,000
Save Account
5.10% p.a. (for $0 to $250,000)
0.10% p.a.(for $0 and over)
Yes up to $250,000
Hero Saver
4.60% p.a. (for $0 to $250,001)
1.00% p.a.(for $0 to $5,000,001)
Yes up to $250,000
High Interest Savings Account
5.75% p.a. (for $0 to $250,001)
Yes up to $250,000
4.40% p.a.(for $0 to $250,001)
Savings Account
5.35% p.a. (for $0 to $250,000)
Yes up to $250,000
4.75% p.a.(for $0 to $1,000,000)
Save Account
5.10% p.a. (for $0 to $250,000)
Yes up to $250,000
0.10% p.a.(for $0 and over)
AMP Saver Account
5.40% p.a. (for $0 to $250,000)
Yes up to $250,000
1.20% p.a.(for $0 to $5,000,000)
Reward Saver Account
5.25% p.a. (for $0 to $1,000,000)
Yes up to $250,000
0% p.a.(for $0 and over)
Hero Saver
4.60% p.a. (for $0 to $250,001)
Yes up to $250,000
1.00% p.a.(for $0 to $5,000,001)
Bonus Saver Account
5.00% p.a. (for $0 to $250,000)
Yes up to $250,000
0.05% p.a.(for $0 and over)
Reward Saver Account
0% p.a.(for $0 and over)
5.25% p.a. (for $0 to $1,000,000)
Yes up to $250,000