If you’re a saver who wants to be rewarded for your saving habits, look no further than the MyState Bank Bonus Saver Account. This savings account features a special 5.00% p.a. rate which you'll be able to secure with relatively simple requirements: a minimum deposit of $20 every month and at least five debit transactions.
With the MyState Bank Bonus Saver Account your savings habits will be rewarded, thanks to the special 5.00% rate, which you’ll receive on a monthly basis. You also won’t ever pay a cent in account fees, so every dollar you stash into the account is yours to keep.
But like most savings accounts there are some conditions attached to earn that special rate. Luckily, the MyState Bank Bonus Saver Account only requires savers to deposit a minimum of $20 into the account every month and make five debit card transactions.
And while you'll be able to make unlimited transactions every month through your phone or the internet keep in mind you will need a linked MyState Bank transaction account.
The MyState Bank Bonus Saver Account could be the right choice for Aussie savers who make regular deposits and want to take advantage of a decent rate without the hassle.
In order to sign up to the MyState Bank Bonus Saver Account, you will need to link it to a MyState Bank transaction account.
Balances from $0: 0.05% p.a. |
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Balances from $0: 5.00% p.a. |
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Bonus rate when at least $20 is deposited each month and five Visa Debit transactions are made each month using linked Glide transaction account. |
$0.00 |
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n/a |
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Unlimited transactions from phone and internet |
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n/a |
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n/a |
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n/a |
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n/a |
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$0.00 |
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n/a |
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$0.00 |
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$0.00 |
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n/a |
$1.00 |
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$0.00 |
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Monthly |
no |
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n/a |
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no |
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no |
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no |
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no |
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no |
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yes |
|
yes |
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no |
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no |
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Must link to a transaction account |
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none |
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none |
Poor customer support, service or accountability. Do nothing proactive to prevent fraud. When they are alerted to a scam, they show indifference. Staff have no conflict resolution skills. Don’t care about your money. Don’t provide any reassurance about legitimate concerns raised. Staff are lazy, uninformed. No communication skills or proper systems in place to give the customer a person who they can trust or speak with without citing that they can’t tolerate abuse, when no such abuse exists. Staff don’t possess the appropriate skills to listen, understand or validate concerns. Should you feel like providing an alternative opinion, thoughts or suggestions, they cite that you are being abusive. This position just obfuscates them from taking responsibility or having to act with professionalism
Read full reviewPoor customer support, service or accountability. Do nothing proactive to prevent fraud. When they are alerted to a scam, they show indifference. Staff have no conflict resolution skills. Don’t care about your money. Don’t provide any reassurance about legitimate concerns raised. Staff are lazy, uninformed. No communication skills or proper systems in place to give the customer a person who they can trust or speak with without citing that they can’t tolerate abuse, when no such abuse exists. Staff don’t possess the appropriate skills to listen, understand or validate concerns. Should you feel like providing an alternative opinion, thoughts or suggestions, they cite that you are being abusive. This position just obfuscates them from taking responsibility or having to act with professionalism
My sates bank is a great site an helpfully in any way you needed help Line is excellent jobs that do
Read full reviewMy sates bank is a great site an helpfully in any way you needed help Line is excellent jobs that do
One of the worst banks that I had to deal with, when trying to transfer money from My State Bank to another one of my banks it always states you reached your daily limit even though I had not made a transaction that day or days before. Trying to withdraw your own money from an ATM is a nightmare $1000 doll limit even though you change your daily limit on your app. Would rate them zero stars if I had a chance. There are many other banks better interest rates or even better. And you don't have to waste your time phoning them with app or withdrawal problems.
Read full reviewOne of the worst banks that I had to deal with, when trying to transfer money from My State Bank to another one of my banks it always states you reached your daily limit even though I had not made a transaction that day or days before. Trying to withdraw your own money from an ATM is a nightmare $1000 doll limit even though you change your daily limit on your app. Would rate them zero stars if I had a chance. There are many other banks better interest rates or even better. And you don't have to waste your time phoning them with app or withdrawal problems.
Ignore the bad reviews on here, very good online bank not as greedy as the big four great returns hope their shares turnaround soon will buy.
Read full reviewIgnore the bad reviews on here, very good online bank not as greedy as the big four great returns hope their shares turnaround soon will buy.
Staff always welcome customers and are ready to help you out
Read full reviewStaff always welcome customers and are ready to help you out
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
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
Reward Saver
5.25% p.a. (for $0 to $100,000)
0.30% 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
Save Account
5.10% p.a. (for $0 to $250,000)
0.10% p.a.(for $0 and over)
Yes up to $250,000
Hero Saver
4.60% p.a. (for $0 to $250,001)
1.00% p.a.(for $0 to $5,000,001)
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)
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)
Hero Saver
4.60% p.a. (for $0 to $250,001)
Yes up to $250,000
1.00% p.a.(for $0 to $5,000,001)
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
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