based on 2201 Great Southern Bank banking product reviews as rated by Mozo community

Great Southern Bank savings accounts

Great Southern Bank is an alternative to the big banks, offering financial, health and insurance solutions to over 500,000 Aussies. As a mutual, it's run by members for members, and reinvests in making its service better for customers and supporting local communities. Great Southern Bank  is committed to helping members through life's big changes, so if you want to make a change for the better, check out its range of home loans, personal loans, credit cards, savings accounts and more.

It also won two 2022 Mozo Expert Choice Awards in the Regular Saver and Pocket Money Saver categories.

Great Southern Bank offers the following savings accounts

Rates and fees verified as correct at 28 June 2022. Other information correct at the time of writing. Advertiser disclosure.

Product Interest rate Maximum rate Govt deposit guarantee  
eSaver Flexi

0.70% p.a.(for $0 and over)

No Current Offer

Yes up to $250,000

eSaver Reward

0.05% p.a.(for $0 and over)

0.80% p.a. (for $0 to $100,000)

Yes up to $250,000

Goal Saver

0.05% p.a.(for $0 and over)

1.40% p.a. (for $0 to $50,000)

Yes up to $250,000

Home Saver

0.05% p.a.(for $0 and over)

1.30% p.a. (for $0 to $100,000)

Yes up to $250,000

Youth eSaver

3.25% p.a.(for $0 to $5,001)

No Current Offer

Yes up to $250,000

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How are Great Southern Bank savings accounts rated?

Mozo users have rated Great Southern Bank savings accounts on price, features, convenience, trust and customer service so you can see what real Aussies have to say about their experiences.

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Great Southern Bank savings accounts
Overall
Price
Features
Customer service
Convenience
Trust

627 Reviews

Recent Great Southern Bank savings account reviews

Great Southern Bank Savings Account
Overall 8/10
Can’t beat Great Southern Bank

I’ve banked with Great Southern Bank since it was CUA and I’ve been with them for over 30yrs. I do most of my banking online with their app. It’s easy and safe and so useful. The only complaint I have is they took away our local branch and now I have to travel further to go into the physical bank itself. So I don’t bother. I deposit money at the Post Office and do everything else online. It’s great!

Read full review

I’ve banked with Great Southern Bank since it was CUA and I’ve been with them for over 30yrs. I do most of my banking online with their app. It’s easy and safe and so useful. The only complaint I have is they took away our local branch and now I have to travel further to go into the physical bank itself. So I don’t bother. I deposit money at the Post Office and do everything else online. It’s great!

Price
9/10
Features
8/10
Customer service
9/10
Convenience
8/10
Trust
9/10
Less
Carol anne, Queensland, reviewed 3 months ago
Great Southern Bank Savings Account
Overall 1/10
Very shaky approach to security

Gave my member number to another person. When that person tried tried to tell them he was not me, they refused to listen. After I rang and complained about what had happened, their solution was to offer me another account number. I was also told that somebody knowing my account number was not that serious I then tried to take my money out of the account and they blocked my access after one withdrawal. They said it was for security reasons. Only problem was, they neglected to tell me what was happening. I only found out what was going on when I rang them.

Read full review

Gave my member number to another person. When that person tried tried to tell them he was not me, they refused to listen. After I rang and complained about what had happened, their solution was to offer me another account number. I was also told that somebody knowing my account number was not that serious I then tried to take my money out of the account and they blocked my access after one withdrawal. They said it was for security reasons. Only problem was, they neglected to tell me what was happening. I only found out what was going on when I rang them.

Customer service
1/10
Convenience
6/10
Trust
1/10
Less
Chris, Victoria, reviewed 6 months ago
Great Southern Bank eSaver Flexi
Overall 10/10
great bank in every way

Great bank with good customer relations.

Read full review

Great bank with good customer relations.

Price
10/10
Features
10/10
Customer service
10/10
Convenience
10/10
Trust
10/10
Less
Mervyn, Queensland, reviewed 6 months ago
Great Southern Bank eSaver Flexi
Overall 8/10
Better than the big banks

I’ve been banking here ever since I came to Qld 30 odd years ago and find it to be one of the best. Better than the big banks for sure. The only drawback is they moved our local branch farther away and now I have to travel to get there but I now use the Post Office as it’s closer. That’s the only drawback. They have online banking which suits me greatly and I’m able to do all my financial needs through it. Overall I would recommend my bank to anyone.

Read full review

I’ve been banking here ever since I came to Qld 30 odd years ago and find it to be one of the best. Better than the big banks for sure. The only drawback is they moved our local branch farther away and now I have to travel to get there but I now use the Post Office as it’s closer. That’s the only drawback. They have online banking which suits me greatly and I’m able to do all my financial needs through it. Overall I would recommend my bank to anyone.

Price
8/10
Features
8/10
Customer service
7/10
Convenience
6/10
Trust
9/10
Less
Carol anne, Queensland, reviewed 7 months ago

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