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Greater Bank Bonus Saver

Advertiser disclosure
Interest rate
0% p.a.(for $0 and over)
Maximum rate
0.30% p.a. (for $1 and over)
Govt deposit guarantee
Yes up to $250,000

Mozo editorial review Greater Bank Bonus Saver - last updated: 24 August 2021

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What's hot
  • 0.30% p.a. interest rate
  • No monthly account keeping fees
  • Access to your money 24/7 via online banking or the mobile app
What's not
  • Statement only account
Mozo snapshot

With no monthly account keeping fees to worry about and the ability to access your money 24/7, Greater Bank's Bonus Saver is certainly a savings account worth considering for your rainy day fund. It comes with a 0.30% p.a. interest rate, which you can earn simply by making at least one deposit each month and no withdrawals.

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Key features

Greater Bank's Bonus Saver account is designed to keep customers on track with their savings. It comes with an ongoing, bonus interest rate of 0.30% p.a., which can be earned by making at least one deposit each month. Just keep in mind that if for any reason you have to withdraw money or you can't deposit any money in any given month, the interest rate will drop to 0% p.a.

But Greater Bank do understand that withdrawals from the account will sometimes be necessary, so they kindly refrain from charging transaction fees. There are also no annual or account keeping fees, meaning customers end up with more dollars to save.

Accessibility is another great feature of this account - customers can bank over the phone, online, or via the mobile app, 24/7.


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Who is it good for

Greater Bank's Bonus Saver account is great for anyone who is looking for a simple, effective and low-cost savings account.

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Any catches

The Bonus Saver must be linked to a Greater transaction account.

Details

Rates and fees information correct as at 22 October 2021. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

Balances from $0: 0.00% p.a.

Balances from $0: 0.00% p.a.
Balances from $1: 0.30% p.a.

Minimum one deposit and no withdrawals in the month

Fees

$0.00

n/a

Unlimited free transactions from internet, phone and mobile banking.

n/a

n/a

n/a

n/a

n/a

n/a

$0.00

$0.00

n/a

Other financial bits

$1.00

$1.00

Monthly

Features

no

none

no

no

no

no

no

yes

yes

no

no

Must link to a transaction account from this provider.

none

none

Customer Reviews

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