Rates and fees verified as correct at 27 November, 2020. Other information correct at the time of writing. Advertiser disclosure.
| Product | Interest rate | Maximum rate | Govt deposit guarantee |
|---|---|---|---|
| Bonus Saver | 0.01% p.a.(for $0 and over) | 0.95% p.a. (for $0 to $250,000) | Yes up to $250,000 |
| mySaver | 0.01% p.a.(for $0 and over) | 1.15% p.a. (for $0 to $50,000) | Yes up to $250,000 |
| Online Saver | 0.40% p.a.(for $5,000 and over) | No Current Offer | Yes up to $250,000 |
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Mozo users have rated Bank Australia savings accounts on price, features, convenience, trust and customer service so you can see what real Aussies have to say about their experiences.
155 Reviews
I joined Bank Australia when it was still a credit union. I was attracted by its ethical policies and commitment to climate change and environmental restoration. The interest rates are not as high as some other banks, but are reasonably competitive. I do feel that since becoming a bank there is less focus on fairness in their fee policies. For example you pay less account keeping fees if you have $50k in total funds with them. I don't think this is fair.
Read full reviewI joined Bank Australia when it was still a credit union. I was attracted by its ethical policies and commitment to climate change and environmental restoration. The interest rates are not as high as some other banks, but are reasonably competitive. I do feel that since becoming a bank there is less focus on fairness in their fee policies. For example you pay less account keeping fees if you have $50k in total funds with them. I don't think this is fair.
As a student Bank Australia is brilliant. Love the message they stand for "Clean Money", and feel that they are making a difference. I would highly recommend Bank Australia to everyone!
Read full reviewAs a student Bank Australia is brilliant. Love the message they stand for "Clean Money", and feel that they are making a difference. I would highly recommend Bank Australia to everyone!
The 'green' focus of the bank means I don't need to feel guilty about indirectly funding the destruction of the environment, as I would with most other banks.
Read full reviewThe 'green' focus of the bank means I don't need to feel guilty about indirectly funding the destruction of the environment, as I would with most other banks.
From my research Bank Australia stood out as the most ethical banking option in Australia. I have been happy with their services but wish there were more branches.
Read full reviewFrom my research Bank Australia stood out as the most ethical banking option in Australia. I have been happy with their services but wish there were more branches.
