Interest rate
0% p.a.(for $0 and over)
Maximum rate
0.50% p.a. (for $1 and over)
Govt deposit guarantee
Yes up to $250,000

Mozo editorial review Greater Bank Bonus Saver

Last updated: 20 April 2021.

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What's hot
  • No account fees
  • Unlimited free internet, mobile, phone transactions
What's not
  • Statement only account
Mozo snapshot

Greater Bank's Bonus Saver is a great savings account. The 0.50% interest rate is solid, and there are no account keeping or transaction fees, meaning you can reach your savings goal sooner.

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Key features

The Bonus Saver account is designed to keep customers on track with their savings. Any withdrawals will make the 0.50% interest rate plummet to 0%. 

But the Greater 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 from their mobile phones.


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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 has to be linked to a Greater transaction account.

Details

Rates and fees information correct as at 22 June 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: 0.50% 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

How are Greater Bank savings accounts rated by the Mozo community?

Overall
8.7/10
Price
8.1/10
Features
7.5/10
Customer service
8.9/10
Convenience
8.5/10
Trust
8.9/10

Latest reviews of Greater Bank Bonus Saver

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About Greater Bank

Greater Bank offers a range of personal and business banking products around a quarter of a million customers in NSW and Queensland. Its products include savings and investment accounts, home loans, personal loans, credit cards, business banking, financial planning, travel money and insurance. Greater Bank is owned by its customers, not shareholders, and has a focus on providing great rates, low fees and superior service.

See Greater Bank savings accounts