The Great Southern Bank Advantage Saver account has a standard interest rate of 0.10% p.a. but if you meet the conditions, you can boost your savings with a bonus interest rate of up to 4.85% p.a. for amounts under $100,000. With this savings account up your sleeve, you’ll be maximising your savings in no time!
The Great Southern Bank Advantage Saver savings account has a standard interest rate of 0.10% p.a., but if you deposit a minimum of $250 per month into your savings account), you will be eligible to receive a competitive ongoing bonus rate of 4.85% p.a.
The Advantage Saver account also gives you the freedom to make transactions (via phone and internet) and dip into your stash as you please without the fear of hidden fees or losing bonus interest.
This account even allows you to set up automatic transfers from your Great Southern Bank Transaction Account to your Advantage Saver account, meaning that you can sit back and watch your savings grow without having to lift a finger. Like most savings accounts, there’s no debit/EFTPOS card or ATM access, so make sure you set up a linked transaction account if you’re after these features.
The Advantage Saver account is great for anyone wanting to grow their savings, and it’s especially rewarding for Aussies who are able to meet the bonus interest requirements by depositing $250 per month into their Great Southern Bank savings account.
To use this account effectively and ensure you earn that 4.50% p.a. bonus interest, you’ll need to have a Great Southern Bank everyday account and be able to meet the requirement of depositing a minimum of $250 into the savings account each month. You should think carefully about whether or not you'll be able to meet these requirements before opening an account.
|
Balances from $0: 0.10% p.a. |
|
|
Balances from $0: 4.85% p.a. |
|
|
Increase your balance by at least $250 a month |
|
$0.00 |
|
|
n/a |
|
|
unlimited free transactions from phone and internet. |
|
|
n/a |
|
|
n/a |
|
|
n/a |
|
|
$0.00 |
|
|
n/a |
|
|
n/a |
|
|
$0.00 |
|
|
$0.00 |
|
|
n/a |
|
$1.00 |
|
|
$1.00 |
|
|
Monthly |
|
no |
|
|
n/a |
|
|
no |
|
|
no |
|
|
no |
|
|
yes |
|
|
no |
|
|
yes |
|
|
yes |
|
|
yes |
|
|
no |
|
|
Must also hold a Great Southern Bank transaction account to qualify for bonus interest rate. |
|
|
none |
|
|
none |
The closest branch is over 100 kilometres away now that the only branch moved to sunshine coast which I was very peeved about.
Read full reviewThe closest branch is over 100 kilometres away now that the only branch moved to sunshine coast which I was very peeved about.
I’ve been a member for over 30yrs and they’re safe, data protective and proactive, good rates and a flawless online banking experience. The only criticism is that the branches are too far away. That’s all though.
Read full reviewI’ve been a member for over 30yrs and they’re safe, data protective and proactive, good rates and a flawless online banking experience. The only criticism is that the branches are too far away. That’s all though.
Beware of the withdrawal feature, make as many as you wish per month, as stated BUT if the withdrawal total isn't repaid, along with the mandatory $250, you've lost the bonus interest for that month.
Read full reviewBeware of the withdrawal feature, make as many as you wish per month, as stated BUT if the withdrawal total isn't repaid, along with the mandatory $250, you've lost the bonus interest for that month.
A great bank but would like a better app.
Read full reviewA great bank but would like a better app.
The account has a good interest rate and I like CUA as a bank however there are some things that they could improve on like the additional features and lack of an ATM network.
Read full reviewThe account has a good interest rate and I like CUA as a bank however there are some things that they could improve on like the additional features and lack of an ATM network.
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
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
Savings+Bonus
5.00% p.a. (for $0 to $250,000)
2.00% p.a.(for $0 to $250,000)
Yes up to $250,000
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
Save Account
5.10% p.a. (for $0 to $250,000)
0.10% p.a.(for $0 and over)
Yes up to $250,000
Bonus Saver Account
5.00% p.a. (for $0 to $250,000)
0.05% p.a.(for $0 and over)
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)
Savings+Bonus
5.00% p.a. (for $0 to $250,000)
Yes up to $250,000
2.00% p.a.(for $0 to $250,000)
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)
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
Bonus Saver Account
0.05% p.a.(for $0 and over)
5.00% p.a. (for $0 to $250,000)
Yes up to $250,000
Ziggy Kids Saver
0.01% p.a.(for $0 and over)
3.01% p.a. (for $0 and over)
Yes up to $250,000
Progress Saver
0.01% p.a.(for $0 and over)
4.25% p.a. (for $0 and over)
Yes up to $250,000
