The combination of no account fee, no balance minimum and free transactions over the phone and on the net will give you the flexibility to access your dollars without any hidden slaps. It was awarded a Mozo Experts Choice Award in the Regular Saver category.
Keep in mind the bumper 2.80% p.a. bonus rate is only available when you also have an Orange Everyday bank account, deposit your pay of $1,000 or more and make 5 purchases on your credit or debit card each month. It also only applies for balances up to $100,000 after which the rate is the standard 1.00%.
If you ever need to have a rant or rave about your savings account, you'll be able to ring up the 24/7 Australian-based customer service hotline and get it off your chest.
Who it's good for:
The Savings Maximiser is only for personal banking customers and you must be an Australian citizen. The Savings Maximiser has an eligibility requirement of 13 years and over (usually 18 years with savings accounts), making this savings account perfect for the transition from a children's savings account to a savings account with a linked transaction account.
Just be sure to supply your Tax File Number at time of sign up or tax on your interest will be deducted at the highest possible rate.