Interest rate
1.00% p.a.(for $0 to $5,000,000)
Maximum rate
No Current Offer
Govt deposit guarantee
Yes up to $250,000

Mozo editorial review MOVE Bank Express Saver

Last updated: 1 September 2020.

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What's hot
  • 2020 Mozo Experts Choice Award winner
  • No monthly fees
  • Ongoing 1.00% interest rate
What's not
  • Customers have to join MOVE Bank in order to apply for the account
Mozo snapshot

At MOVE Bank, you can trust that your savings habits will be rewarded with its Express Saver savings account, especially given that it took out a 2020 Mozo Experts Choice Award in the best No Strings Savings category. This savings account features a competitive standard interest rates at 1.00%, which is calculated daily and paid on a monthly basis, and also doesn't have any monthly fees.


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Key features

The Express Saver is an online only savings account, which means you won’t have branch access, but the good news is there’s no monthly fees, you’ll have 24/7 access to your funds and no phone or internet fee for transactions.

But since this is a ‘no frills’ type account, you should know that while you won’t have access to a special rate, you’ll be able to open this account with a deposit as little as $1, so you can make as little as a deposit as you’d like.


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Who is it good for

The MOVE Bank Express Saver savings account could be a great option for someone after a solid interest rate on their savings account without the effort, helping you make the most out of every dollar.

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Any catches

If the MOVE Bank Express Saver savings account sounds right up your alley, keep in mind that you will have to sign up and join MOVE Bank before opening a savings account.

Details

Rates and fees information correct as at 27 November 2020. 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: 1.00% p.a.
    Balances from $5,000,000: 0.00% p.a.

  • n/a

  • n/a

Fees
  • $0.00

  • n/a

  • Unlimited phone and internet transactions

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • $0.00

  • $0.00

  • n/a

Other financial bits
  • $0.00

  • $0.00

  • Monthly

Features
  • no

  • none

  • no

  • no

  • no

  • no

  • no

  • yes

  • yes

  • yes

  • no

  • none

  • none

  • none

Customer Reviews

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

Overall
9.1/10
Price
8.7/10
Features
6.9/10
Customer service
9.2/10
Convenience
7.8/10
Trust
9.0/10

Latest reviews of MOVE Bank Express Saver

  • Overall 9/10
    Competitive interest & great customer service.

    I chose Move as their savings interest is high. It's only online, which can be a bit of a drawback, and it can take a few days to withdraw funds across to my everyday account, but their customer service has been great and I haven't had any issues using the account.

    Read full review

    I chose Move as their savings interest is high. It's only online, which can be a bit of a drawback, and it can take a few days to withdraw funds across to my everyday account, but their customer service has been great and I haven't had any issues using the account.

    Price
    10/10
    Features
    10/10
    Customer service
    10/10
    Convenience
    7/10
    Trust
    10/10
    Less
    Anita, Queensland reviewed 9 months ago
  • Overall 10/10
    Competitive rates

    Good for account holders but not shareholders

    Read full review

    Good for account holders but not shareholders

    Price
    10/10
    Features
    10/10
    Customer service
    10/10
    Convenience
    10/10
    Trust
    10/10
    Less
    Wayne, Queensland reviewed about 1 year ago
  • Overall 10/10
    Excellent rates

    Easy to get help and can arrange to see or talk to a financial advisor at any time, even if it is after hours.

    Read full review

    Easy to get help and can arrange to see or talk to a financial advisor at any time, even if it is after hours.

    Price
    10/10
    Features
    10/10
    Customer service
    10/10
    Convenience
    10/10
    Trust
    10/10
    Less
    Candy, Queensland reviewed almost 8 years ago
  • Overall 10/10
    Friendly staff, great interest rate, upfront fees!

    This product is great for savings! The staff are friendly and always willing to help with your needs. The branch is also conveniently located at central station in Brisbane and their Internet banking is so easy and very secure. The fees are upfront and are made very clear to you. Their interest rate is in the top 5 of all banks on a permanent basis. The only con is that they aren't that great on transaction accounts.

    Read full review

    This product is great for savings! The staff are friendly and always willing to help with your needs. The branch is also conveniently located at central station in Brisbane and their Internet banking is so easy and very secure. The fees are upfront and are made very clear to you. Their interest rate is in the top 5 of all banks on a permanent basis. The only con is that they aren't that great on transaction accounts.

    Price
    10/10
    Features
    5/10
    Customer service
    10/10
    Convenience
    10/10
    Trust
    10/10
    Less
    Courtney, Queensland reviewed over 8 years ago
MyState Bank

MyState Bank

Bonus Saver Account

1.50% p.a. (for $0 to $250,000)

0.15% p.a.(for $0 and over)

Yes up to $250,000

Bankwest

Bankwest

Hero Saver

0.90% p.a. (for $0 to $250,001)

0.01% p.a.(for $0 to $5,000,000)

Yes up to $250,000

Bank of Queensland

Bank of Queensland

Fast Track Starter Account

3.00% p.a. (for $1 to $10,000)

0.05% p.a.(for $1 and over)

Yes up to $250,000

Up

Up

Saver Account

1.10% p.a. (for $0 to $1,000,000)

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

Yes up to $250,000

Bank of Queensland

Bank of Queensland

Fast Track Saver Account

1.05% p.a. (for $1 to $250,000)

0.05% p.a.(for $1 and over)

Yes up to $250,000

Citi

Citi

Online Saver

0.85% p.a. (for $0 to $500,000)

0.35% p.a.(for $0 and over)

Yes up to $250,000

MyState Bank

MyState Bank

Bonus Saver Account

1.50% p.a. (for $0 to $250,000)

0.15% p.a.(for $0 and over)

Yes up to $250,000

Bankwest

Bankwest

Hero Saver

0.90% p.a. (for $0 to $250,001)

0.01% p.a.(for $0 to $5,000,000)

Yes up to $250,000

Up

Up

Saver Account

1.10% p.a. (for $0 to $1,000,000)

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

Yes up to $250,000

Bank of Queensland

Bank of Queensland

Fast Track Saver Account

1.05% p.a. (for $1 to $250,000)

0.05% p.a.(for $1 and over)

Yes up to $250,000

Citi

Citi

Online Saver

0.85% p.a. (for $0 to $500,000)

0.35% p.a.(for $0 and over)

Yes up to $250,000

Bank of Queensland

Bank of Queensland

Fast Track Starter Account

3.00% p.a. (for $1 to $10,000)

0.05% p.a.(for $1 and over)

Yes up to $250,000

MyState Bank

MyState Bank

Bonus Saver Account

0.15% p.a.(for $0 and over)

1.50% p.a. (for $0 to $250,000)

Yes up to $250,000

Bankwest

Bankwest

Hero Saver

0.01% p.a.(for $0 to $5,000,000)

0.90% p.a. (for $0 to $250,001)

Yes up to $250,000

Up

Up

Saver Account

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

1.10% p.a. (for $0 to $1,000,000)

Yes up to $250,000

Bank of Queensland

Bank of Queensland

Fast Track Saver Account

0.05% p.a.(for $1 and over)

1.05% p.a. (for $1 to $250,000)

Yes up to $250,000

Citi

Citi

Online Saver

0.35% p.a.(for $0 and over)

0.85% p.a. (for $0 to $500,000)

Yes up to $250,000

Bank of Queensland

Bank of Queensland

Fast Track Starter Account

0.05% p.a.(for $1 and over)

3.00% p.a. (for $1 to $10,000)

Yes up to $250,000

ANZ

ANZ

Progress Saver

0.01% p.a.(for $0 and over)

0.50% p.a. (for $0 and over)

Yes up to $250,000

Newcastle Permanent

Newcastle Permanent

Smart Saver

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

1.55% p.a. (for $0 and over)

Yes up to $250,000