The main appeal of the Easy Street Easy Savings Account is its simplicity and flexibility. You can withdraw and deposit any amount at any time, and you won’t have to worry about any account keeping fees detracting from your savings - because there are none. Easy Street is currently offering a special introductory bonus rate of 1.10% p.a. for the first 4 months of account opening (available until the 28 February 2022 - more information below). After four months this will revert to a relatively modest standard interest rate of 0.25% p.a., but with no deposit or spending requirements you won't be jumping through any hoops to get that rate.
If you like your savings accounts without all the dizzying conditions and criteria, the Easy Street Easy Savings Account could be a worthy pick.
At the moment Easy Street is offering a standard ongoing rate of 0.25% p.a. and the lack of account keeping fees mean you can rest easy knowing that your money is steadily growing. And if you need some help getting in the saving mindset, there’s also the option to set up a regular savings plan. Just specify how much you’d like to deposit into your account each month and the bank will handle it automatically.
While there’s no branch access, you can dip into your funds at any time via online banking without incurring any fees or having it affect your interest rate.
The Easy Street Savings Account could appeal to savers who want the freedom to withdraw and deposit money as they wish, while maintaining the same interest rate.
The ongoing interest rate on offer with the account isn't among the highest around, so if you're all about earning as much interest on your savings as you can you may want to compare it to high interest savings account offers.
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Balances from $0: 0.25% p.a. |
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n/a |
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n/a |
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$0.00 |
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n/a |
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Unlimited free internet transactions |
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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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n/a |
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$0.00 |
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n/a |
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$2.00 |
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$0.00 |
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Monthly |
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no |
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none |
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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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no |
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yes |
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no |
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no |
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none |
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none |
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none |
Westpac
Life - 18-29 years old
2.00% p.a. (for $0 to $30,000)
0.15% p.a.(for $0 and over)
Yes up to $250,000
Virgin Money
Boost Saver with Go Account
1.15% p.a. (for $0 to $250,000)
0.05% p.a.(for $0 and over)
Yes up to $250,000
MyState Bank
Bonus Saver Account
1.10% p.a. (for $0 to $250,000)
0.05% p.a.(for $0 and over)
Yes up to $250,000
Virgin Money
Boost Saver with Go Account
1.60% p.a. (for $0 to $250,000)
0.05% p.a.(for $0 and over)
Yes up to $250,000
Virgin Money
Grow Saver
0.25% p.a. (for $0 and over)
0.05% p.a.(for $0 and over)
Yes up to $250,000
Westpac
Life - 18-29 years old
2.00% p.a. (for $0 to $30,000)
0.15% p.a.(for $0 and over)
Yes up to $250,000
Virgin Money
Boost Saver with Go Account
1.15% p.a. (for $0 to $250,000)
0.05% p.a.(for $0 and over)
Yes up to $250,000
MyState Bank
Bonus Saver Account
1.10% p.a. (for $0 to $250,000)
0.05% p.a.(for $0 and over)
Yes up to $250,000
Virgin Money
Boost Saver with Go Account
1.60% p.a. (for $0 to $250,000)
0.05% p.a.(for $0 and over)
Yes up to $250,000
Virgin Money
Grow Saver
0.25% p.a. (for $0 and over)
0.05% p.a.(for $0 and over)
Yes up to $250,000
Westpac
Life - 18-29 years old
0.15% p.a.(for $0 and over)
2.00% p.a. (for $0 to $30,000)
Yes up to $250,000
Virgin Money
Boost Saver with Go Account
0.05% p.a.(for $0 and over)
1.15% p.a. (for $0 to $250,000)
Yes up to $250,000
MyState Bank
Bonus Saver Account
0.05% p.a.(for $0 and over)
1.10% p.a. (for $0 to $250,000)
Yes up to $250,000
Virgin Money
Boost Saver with Go Account
0.05% p.a.(for $0 and over)
1.60% p.a. (for $0 to $250,000)
Yes up to $250,000
Virgin Money
Grow Saver
0.05% p.a.(for $0 and over)
0.25% p.a. (for $0 and over)
Yes up to $250,000
Auswide Bank
Ziggy Kids Saver
0.01% p.a.(for $0 and over)
1.26% p.a. (for $0 and over)
Yes up to $250,000
UniBank
Mighty Saver Account
0.10% p.a.(for $0 and over)
0.95% p.a. (for $0 and over)
Yes up to $250,000
Teachers Mutual Bank
Mighty Saver Account
0.10% p.a.(for $0 and over)
0.95% p.a. (for $0 and over)
Yes up to $250,000